PRNewswire: Wave Technologies Reports Improved Third Quarter Results

“Strong Demand for Linux Certification Helps Drive Revenue
and Earnings Gains”

“Wave Technologies International, Inc. (Nasdaq: WAVT), a leader
in information technology certification training, today announced
improved third quarter and first nine months results, driven in
part by strong demand for its Linux offerings as well as growth in
its Cisco training.”

” ‘Demand for our Linux portfolio was strong this past quarter,
and we’re very pleased with Wave’s ability to anticipate and
respond to this market demand, which had a significant positive
impact on our revenues,’ said Kenneth W. Kousky, chairman,
president and chief executive officer. ‘We further expanded our
industry-leading Linux curriculum, and when added with our
acquisition of Sair, an open certification provider, produced
nearly $900,000, or nine percent of total revenues. In addition,
our ability to accelerate distribution and learning channels for
delivery, and our expanded development capabilities also
contributed to revenue growth during the quarter.’ “

Press Release