DALLAS, Jan. 11, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Wave Systems Corp. (Nasdaq:WAVX). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Wave Systems Corp. (Nasdaq:WAVX) develops, produces and markets products for hardware-based digital security, including security applications and services that are complementary to and work with the specifications of the Trusted Computing Group (TCG), an industry standards organization comprised of computer and device manufacturers, software vendors and other computing products manufacturers. Specifications developed by the TCG are designed to address a broad range of current and evolving digital security issues. These issues include: identity protection, data security, digital signatures, electronic transaction integrity, platform trustworthiness, network security and regulatory compliance.
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In the report, the analyst notes:
"WAVX shares were boosted yesterday on report that the Obama administration is planning to announce plans for an Internet identity system that will limit fraud and streamline online transactions. The stock managed to reach a day high of $4.59 before settling at $4.45. WAVX is currently trading at its 50-day and 200-day moving averages of $3.32 and $2.80, respectively.
"WAVX late last month announced it has received $5.2 million in additional license and maintenance orders through its PC OEM partners on behalf of a U.S.-based automotive company."
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