SOURCE: Wave Systems Corp.

Wave Systems Corp.

February 26, 2015 06:30 ET

Wave Systems Appoints Will Stefan Roth Vice President, EMEA Sales

Strong Market Opportunity in Europe Drives Expansion of EMEA Leadership Team

LEE, MA--(Marketwired - Feb 26, 2015) - Wave Systems Corp. (NASDAQ: WAVX) announced the appointment of Will Stefan Roth as Vice President, EMEA (Europe, the Middle East and Africa) Sales. Mr. Roth is tasked with leading Wave's continued expansion in the EMEA market and spearheading initiatives to accelerate the company's growth throughout the region. Roth succeeds interim VP Jan Dauman, who returns to a Wave advisory role, concentrating on business development in EMEA.

Prior to his promotion to Vice President, Mr. Roth served as Wave's Director of Sales Engineering, EMEA. Before joining Wave, he represented Tufin Technologies as the Director of Sales Engineering, EMEA. During his tenure there, Mr. Roth was instrumental in developing the EMEA regions, where he helped generate six times the revenues in under four years. Earlier in his career, Mr. Roth was employed at Check Point Software Technologies, where he served first as the Technical Manager MSSP's and was then promoted to Technical Manager Endpoint Security Solutions.

"Wave has a strong team in EMEA, which has always been an important market for us. With Will's appointment, we're better positioned to execute our sales strategy, providing hardened cybersecurity solutions to enterprise and government customers," said Bill Solms, President and CEO, Wave Systems. "We welcome Will to our executive team, and look forward to the energy, enthusiasm and EMEA-based experience he brings to Wave."

About Wave Systems
Wave Systems Corp. (NASDAQ: WAVX) reduces the complexity, cost and uncertainty of data protection by starting inside the device. Unlike other vendors who try to secure information by adding layers of software for security, Wave leverages the security capabilities built directly into endpoint computing platforms themselves. Wave has been a foremost expert on this growing trend, leading the way with first-to-market solutions and helping shape standards through its work as a board member for the Trusted Computing Group.

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This press release may contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Wave assumes no duty to and does not undertake to update forward-looking statements.

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