WAVEDANCER, INC.


Associated tags: SCM, USG, WAVD, My Little Pony, Security (finance), Cryptocurrency, Blockchain, Government

Locations: FAIRFAX, VA, US, UNITED STATES, VIRGINIA

WaveDancer Announces Appointment of Linda Singh to Board of Directors

Retrieved on: 
Monday, April 18, 2022

FAIRFAX, Va., April 18, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) announced today the appointment of Major General Linda Singh to its Board of Directors.

Key Points: 
  • FAIRFAX, Va., April 18, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) announced today the appointment of Major General Linda Singh to its Board of Directors.
  • With a combination of public and private sector experience that spans defense, health, state and local government, Singh brings a unique perspective to the WaveDancer board.
  • She also brings public company board experience having served on the Board of Howard Bank.
  • I am excited to join the board of WaveDancer and I am looking forward to being part of an exciting journey where technical innovation and imagination creates a safer tomorrow, said Linda Singh.

WaveDancer Releases Fiscal Year 2021 Results

Retrieved on: 
Tuesday, April 12, 2022

FAIRFAX, Va., April 12, 2022 (GLOBE NEWSWIRE) -- WaveDancer (NASDAQ: WAVD), today reported its results for the fiscal year ended December 31, 2021, with results highlighted by expansion in gross margins driven by a sharp shift away from lower margin 3rd party software sales and toward higher margin professional services.

Key Points: 
  • FAIRFAX, Va., April 12, 2022 (GLOBE NEWSWIRE) -- WaveDancer (NASDAQ: WAVD), today reported its results for the fiscal year ended December 31, 2021, with results highlighted by expansion in gross margins driven by a sharp shift away from lower margin 3rd party software sales and toward higher margin professional services.
  • During 2021, WaveDancer completed two key acquisitions and successfully rebranded the company as a leading provider of secure, blockchain-based supply chain management solutions.
  • Mr. Benoit continued, This fiscal year was one of impressive growth in professional services revenues and gross profit.
  • Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in the forward-looking statements.

WaveDancer Hires Sales Executives

Retrieved on: 
Wednesday, March 30, 2022

FAIRFAX, Va., March 30, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) announced today that Greg Hilsenrath and Nick Edwards will be joining the team as Sales Executives focused on government and supply chain, respectively.

Key Points: 
  • FAIRFAX, Va., March 30, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) announced today that Greg Hilsenrath and Nick Edwards will be joining the team as Sales Executives focused on government and supply chain, respectively.
  • At SAP he developed a sales force tasked with increasing revenues from $2 million to $25 million over two years and created a training and consulting services marketplace, achieving sales $20 million over quota.
  • Most recently he has served as a Cryptocurrency & Blockchain Sales Consultant for Crypto Asset Rating, where he evangelized blockchain and built an accelerated growth pipeline.
  • WaveDancer is a natural evolution for me to take my deep expertise in IT and blockchain sales and apply it to an enterprise level blockchain enabled technology platform.

WaveDancer Announces Definitive Agreement to Acquire Knowmadics, Inc. for $90 Million in Cash and Stock

Retrieved on: 
Tuesday, March 22, 2022

WaveDancer intends to raise approximately $67 million in a private offering of its common shares in connection with the transaction.

Key Points: 
  • WaveDancer intends to raise approximately $67 million in a private offering of its common shares in connection with the transaction.
  • WaveDancer is a provider of zero trust security solutions, specializing in secure supply chain management, as well as cutting edge IT network and data security.
  • Upon consummation of the transaction, the addition of Knowmadics will expand and solidify WaveDancers customer base with government and Fortune 500 companies.
  • Jamie Benoit, CEO of WaveDancer said, We are determined to provide industry leading, comprehensive device and data management and security solutions for government and commercial clients.

WaveDancer Interim Chief Financial Officer Appointed to Permanent CFO Position

Retrieved on: 
Friday, March 11, 2022

FAIRFAX, Va., March 11, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) today announced the appointment of Timothy G. Hannon as its Chief Financial Officer.

Key Points: 
  • FAIRFAX, Va., March 11, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) today announced the appointment of Timothy G. Hannon as its Chief Financial Officer.
  • Hannon has served as Interim CFO since joining the company in September 2021.
  • Prior to joining WaveDancer on a permanent basis, Mr. Hannon was a member of B.Riley Advisory Services where he specialized in providing M&A related services as well as interim executive management.
  • "During my six months at WaveDancer as Interim CFO, I have had the opportunity to work with a capable management team and see the vision for WaveDancer unfold.

WaveDancer Appoints Gwen Pal Chief Administrative Officer

Retrieved on: 
Friday, March 4, 2022

FAIRFAX, Va., March 04, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) today announced the appointment of Gwen Pal as its Chief Administrative Officer.

Key Points: 
  • FAIRFAX, Va., March 04, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) today announced the appointment of Gwen Pal as its Chief Administrative Officer.
  • Mrs. Pal was a member of the team at Essex, a NASDAQ listed company that was ultimately acquired by Northrup Grumman.
  • Gwen subsequently was appointed Chief Administrative Officer of FedData, a private equity-backed company providing technical services to the United States Intelligence Community.
  • In this capacity Ms. Pal led all administrative operations for a complex organization with complex governance requirements.

WaveDancer Rang the NASDAQ Stock Market Closing Bell

Retrieved on: 
Friday, March 4, 2022

FAIRFAX, Va., March 04, 2022 (GLOBE NEWSWIRE) -- Yesterday, WaveDancer, Inc. (NASDAQ: WAVD) CEO Jamie Benoit was joined by the executive team, board members, and investors as they rung the closing bell of the NASDAQ Stock Market on Thursday, March 3, 2022, at 4:00 PM.

Key Points: 
  • FAIRFAX, Va., March 04, 2022 (GLOBE NEWSWIRE) -- Yesterday, WaveDancer, Inc. (NASDAQ: WAVD) CEO Jamie Benoit was joined by the executive team, board members, and investors as they rung the closing bell of the NASDAQ Stock Market on Thursday, March 3, 2022, at 4:00 PM.
  • The Company rang the closing bell to commemorate its listing on the Nasdaq last November.
  • The ceremony took place at the NASDAQ MarketSite, 4 Times Square, 43rd and Broadway, in New York.
  • WaveDancer ( www.wavedancer.com ), headquartered in Fairfax, Virginia, is a provider of zero trust software solutions, specializing in secure supply chain management, as well as cutting edge IT network security.

WaveDancer and Cyber Intell Solutions (“CIS”) Announce Strategic Partnership

Retrieved on: 
Friday, February 25, 2022

ANNAPOLIS, Md., Feb. 25, 2022 (GLOBE NEWSWIRE) -- WaveDancer (NASDAQ: WAVD), and CIS are pleased to announce they have entered into a global strategic partnership.

Key Points: 
  • ANNAPOLIS, Md., Feb. 25, 2022 (GLOBE NEWSWIRE) -- WaveDancer (NASDAQ: WAVD), and CIS are pleased to announce they have entered into a global strategic partnership.
  • The WaveDancer-CIS partnership brings together deep skills in cybersecurity, blockchain, and encryption as well as design of secure communication and data transport capabilities.
  • As part of the new partnership, WaveDancer and CIS will co-locate in a facility with the location to be determined.
  • WaveDancer ( www.wavedancer.com ), headquartered in Fairfax, Virginia, is a provider of zero trust software solutions, specializing in secure supply chain management, asset tracking and security.

WaveDancer Blockchain approved for use on Amazon Web Services (AWS) Marketplace for GovCloud

Retrieved on: 
Tuesday, February 15, 2022

Fueled by Amazon Web Services, WaveDancers blockchain is a new technology engine for cloud services.

Key Points: 
  • Fueled by Amazon Web Services, WaveDancers blockchain is a new technology engine for cloud services.
  • WaveDancer first developed its blockchain as part of advanced research and development in support of a global national security-focused organization.
  • The ground-breaking technology that was developed is now being made available to the entirety of the United States Government.
  • WaveDancers blockchain will soon be made available in the AWS GovCloud Marketplace portal.

WaveDancer Releases Investor Information Memorandum Highlighting its Transformative Rebranding Initiatives

Retrieved on: 
Wednesday, December 29, 2021

FAIRFAX, Va., Dec. 29, 2021 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD), today published an Investor Information Memorandum to update the public on its major transformation following the acquisition of Gray Matters, Inc. in December 2021.

Key Points: 
  • FAIRFAX, Va., Dec. 29, 2021 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD), today published an Investor Information Memorandum to update the public on its major transformation following the acquisition of Gray Matters, Inc. in December 2021.
  • WaveDancer CEO Jamie Benoit noted, Our acquisition of Gray Matters sets us on a new course as a company.
  • We have taken several steps to position WaveDancer as a leader in the Blockchain, Secure Supply Chain, and Zero Trust marketplaces.
  • The release of this Investor Information Memorandum provides more detail on our markets and progress and provides greater insight into where we are headed in 2022 and beyond.