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Company Description (as filed with the SEC)
References to "Wave," "we," "us," "our" or "the Company" refer to Wave Systems Corp. and its consolidated subsidiaries and include the financial statements of Wave Systems Corp. ("Wave" or "the Company"); Wave Systems Holdings, Inc., a wholly-owned subsidiary; Wavexpress, Inc. (referred to individually, as the context so requires, as "Wavexpress"), a majority-owned subsidiary; and Safend, Ltd. (referred to individually, as the context so requires, as "Safend"), a wholly-owned subsidiary; and Safend, Inc., a wholly owned US-based subsidiary of Safend, Ltd. Safend, Ltd. was acquired on September 22, 2011. All intercompany transactions have been eliminated. Wave was incorporated in Delaware under the name Indata Corp. on August 12, 1988. We changed our name to Cryptologics International, Inc. on December 4, 1989. We changed our name again to Wave Systems Corp. on January 22, 1993. ... More ...