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

Rhea-AI Summary

WaveDancer (Nasdaq: WAVD) has announced the availability of its innovative supply chain management blockchain platform on the Amazon Web Services (AWS) Marketplace for GovCloud, enhancing access for U.S. Government agencies. This initiative follows a recent partnership with Gray Matters, marking a significant step in WaveDancer's technological transformation. The platform aims to provide secure management of sensitive data and visibility in complex global operations. WaveDancer's commitment includes integrating advanced solutions to address the challenges faced by government partners.

Positive

• WaveDancer's blockchain platform is now available on AWS GovCloud, expanding its reach to U.S. Government agencies.
• The partnership with Gray Matters enabled the rapid deployment of the blockchain technology.
• The platform enhances capabilities for managing sensitive data and visibility in global supply chains.

Negative

• None.

Move opens new customer channels and expands availability of Company’s unique Blockchain technology across US Government

FAIRFAX, Va., Feb. 15, 2022 (GLOBE NEWSWIRE) -- WaveDancer (Nasdaq:WAVD), a transformational leading-edge technology company, announced today that its groundbreaking supply chain management blockchain platform is being offered on Amazon Web Services (AWS) Marketplace for GovCloud to support secure supply chain requirements for critical government missions. Fueled by Amazon Web Services, WaveDancer’s 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.

This move releases the power of an operational blockchain on the AWS GovCloud for all U.S. Government agencies. WaveDancer’s mission critical technology provides the capabilities our government partners need – managing “big data” and sensitive information while using blockchain to provide visibility and discern access and controls for complex global operations. The deployment to GovCloud this month is the first of many steps WaveDancer will implement to continue to integrate cutting edge solutions for the United States Government.

Jamie Benoit, CEO of WaveDancer said, “I’m ecstatic that just 60 days after partnering with Gray Matters, we are able to announce our blockchain enabled technology has made it through the rigorous AWS process and will now be available in the AWS GovCloud Marketplace. As part of our larger transformation, this move will enable government customers in need of cloud-based blockchain solutions to reach WaveDancer’s unique capabilities and will enhance the ability of our government partners to better solve complex global supply chain and logistics problems.”

Jeff Gerald, WaveDancer’s chief blockchain developer said, “Our unique combination of blockchain, Artificial Intelligence (AI) and Internet of Things (IoT) capabilities provides the U.S. Government with a scalable, secure and solution-driven offering for worldwide, complex supply chain challenges. We know many government organizations face similar problems and this launch underscores our total commitment to enabling the entire US Government.”

WaveDancer’s blockchain will soon be made available in the AWS GovCloud Marketplace portal.

About WaveDancer

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. Our software solutions are in production in support of the complex global missions of US Government customers.

Additional information for investors

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

For additional information contact:

Jeremy Hellman, CFA
Vice President
The Equity Group Inc.
jhellman@equityny.com
(212) 836-9626

FAQ

What is WaveDancer's recent announcement regarding WAVD?

WaveDancer announced that its blockchain platform is now available on AWS Marketplace for GovCloud, improving access for U.S. Government customers.

How does the AWS GovCloud Marketplace benefit WaveDancer?

The AWS GovCloud Marketplace benefits WaveDancer by providing access to secure supply chain solutions for U.S. Government agencies.

When was WaveDancer's blockchain platform launched on AWS GovCloud?

WaveDancer's blockchain platform was launched on February 15, 2022.

What technologies does WaveDancer integrate into its blockchain offerings?

WaveDancer combines blockchain technology with Artificial Intelligence (AI) and Internet of Things (IoT) capabilities.

What are the implications of WaveDancer's platform for government supply chains?

The platform aims to solve complex global supply chain challenges by enhancing data management and visibility.