SOURCE: Wave Systems Corp.

Wave Systems Corp.

October 11, 2011 07:32 ET

LeanLogistics to Discuss Security and Performance Advantages of Wave-Managed Self-Encrypting Drives at Storage Network World

LEE, MA--(Marketwire - Oct 11, 2011) - Wave Systems Corp. (NASDAQ: WAVX) announced today that Wave customer LeanLogistics will present its case study at Storage Network World (SNW) Fall 2011, October 10-13, at the JW Marriott Grande Lakes in Orlando, FL. LeanLogistics' Co-Founder and VP of Technology Andy Bass will present "LeanLogistics, Inc. Case Study: Deploying Hardware Encryption for Improved Performance and Security," offering a detailed discussion of the company's deployment of self-encrypting solid-state drives (SSDs) managed by Wave for protecting confidential data.

LeanLogistics provides SaaS transportation management services to a wide range of industries, enabling customers to improve overall supply chain management in a collaborative, centrally located environment. Customers like ACE Hardware, Barilla, Chiquita, Dannon, Kellogg and McDonalds have used LeanLogistics' optimization strategies to reduce their transportation costs and focus on their core business.

"As our company grew we were aware that the increasing mobility of our employees could expose sensitive data in new ways," said Mr. Bass. "We wanted the peace of mind that comes with knowing that our data is protected if a device is lost -- but we also were not willing to sacrifice performance."

Mr. Bass will demonstrate how LeanLogistics achieved best-in-class data security using self-encrypting solid-state drives managed by Wave, a combination that offers optimal performance for the end user and assures that data is always protected. Attendees will hear the primary factors behind their decision to deploy a fully-managed hardware encryption solution built on industry standards from the Trusted Computing Group. For more background, see Mr. Bass' overview video.

WHAT: LeanLogistics' Andy Bass presents "LeanLogistics, Inc. Case Study: Deploying Hardware Encryption for Improved Performance and Security"
WHEN: 10:20 - 11:05 a.m. ET Thursday, October 13, 2011
WHERE: JW Marriott Grande Lakes, Orlando, FL

The world's largest storage, data center, and IT infrastructure conference, Storage Network World brings together top IT executives, leading product and service providers and key industry influencers.

About Wave Systems Corp.
Wave Systems Corp. reduces the complexity, cost and uncertainty of data protection by starting inside the device. Unlike other vendors who try to secure information by adding layers of software for security, Wave leverages the security capabilities built directly into endpoint computing platforms themselves. Wave has been a foremost expert on this growing trend, leading the way with first-to-market solutions and helping shape standards through its work as a board member for the Trusted Computing Group.

Safe Harbor for Forward-Looking Statements
This press release may contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Wave assumes no duty to and does not undertake to update forward-looking statements.

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