Polachi Fills Board Position for Wave Systems Corp.

March 11, 2015 – Search firm Polachi Inc. has placed R. Stephen Cheheyl as a member of the board of directors at Wave Systems Corp. Mr. Cheheyl, a seasoned operating executive with experience in the computer, software and data communications industries, was formerly executive vice president of business operations of Bay Networks. Wave Systems Corp. reduces the complexity, cost and uncertainty of data protection by starting inside the device. Polachi is a provider of access executive search services to technology, clean technology, private equity and venture capital companies.