FAIRFAX, Virginia, December 29, 2021 (GLOBE NEWSWIRE) – WaveDancer, Inc. (NASDAQ: WAVD), today issued an Investor Information Memorandum to inform the public of its major transformation following the acquisition of Gray Matters, Inc. in December 2021. The company has been renamed WaveDancer, reflecting the new direction of the company as a provider of software solutions for government and commercial organizations.

WaveDancer CEO Jamie Benoit said, “Our acquisition of Gray Matters sets us on a new path as a company. We have taken several steps to position WaveDancer as a leader in the Blockchain, Secure Supply Chain and Zero Trust markets. As we undergo this transformation throughout 2022, we plan to provide the investment community with detailed and up-to-date information about our business as it undergoes significant change. The publication of this investor information memorandum provides more details on our markets and our progress and gives a better overview of the direction we will take in 2022 and beyond. “

The Investor Information Memorandum provides more information on the company’s new strategic direction as WaveDancer and can be viewed on the company’s website by following the link below:

WaveDancer Information Memorandum

About WaveDancer

WaveDancer (www.wavedancer.com), headquartered in Fairfax, Virginia, is a zero-trust software solutions provider specializing in secure supply chain management, as well as advanced computer network security. .

WaveDancer’s technology brings together all transactions, documentation, authorizations – every aspect of a process – into a zero-trust web interface that offers an unprecedented level of accountability, auditability and predictability. WaveDancer’s enterprise blockchain and encryption algorithm technology is in production at the forefront of some of the most important government requirements.

The WaveDancer platform can be customized and integrated to work with any company’s existing systems and processes, and includes features such as chat, smart contracts, and asset lifecycle management, to streamline the entire process. lifecycle of a supply chain management process.

It was previously announced that the Company has consolidated its traditional activities into its subsidiary Tellenger, Inc, (www.Tellenger.com) with Stan Reese as president. Under the Tellenger name, it will continue to be a leading information technology company specializing in software development, cloud optimization, systems modernization and cybersecurity services.

Additional information for investors

This press release may contain forward-looking statements regarding the Company’s business, potential customers or other factors that could affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to differ materially from those expressed in forward-looking statements. Investors should read and understand the risk factors detailed in the Company’s 10-K for the year ended December 31, 2020 and other documents filed with the Securities and Exchange Commission.

For more information contact:

Jeremy Hellman, CFA
Vice president
The Equity Group Inc.
(212) 836-9626

Bruce summers
The Equity Group, Inc.
(212) 836-9612

Tim Hannon, Chief Financial Officer
[email protected]