SOURCE: Wave Systems Corp.

Wave Systems Corp.

April 10, 2012 08:32 ET

New Partnership Brings Wave's Award-Winning Endpoint Security Portfolio to CDW Customers

CDW's Customers in Business, Government and Healthcare Gain Direct Access to Wave's Full Portfolio of Encryption and Authentication Management Solutions, Along With Data Leakage Prevention (DLP) Tools

LEE, MA--(Marketwire - Apr 10, 2012) - Wave Systems Corp. (NASDAQ: WAVX) ( announced today that it has partnered with CDW, a leading provider of technology solutions to business, government, education and healthcare in North America.

"We are thrilled to be a CDW partner," said Brian Berger, Wave's Executive Vice President of Marketing & Sales. "We believe that this partnership can help the sales progress that Wave has built for its portfolio over the past several years. We look forward to actively working with CDW to introduce the next generation of endpoint security solutions to the market."

CDW will offer Wave's full portfolio of industry-leading solutions for securing endpoint data, protecting data-in-motion and ensuring that only trusted devices gain access to the enterprise network. Wave's extended portfolio (which now includes Safend's DLP suite) empowers organizations to:

  • Defend data. Whether protecting data-in-motion, securing endpoint data or managing full disk encryption across an enterprise, Wave's portfolio gives enterprises the upper hand. Wave's EMBASSY Remote Administration Server (ERAS) is a single console for managing self-encrypting drives (SEDs), which are similar to standard hard drives, except that with SEDs, encryption is embedded into the core processor chip. This makes them impervious to software attacks, while greatly outperforming software encryption solutions. Wave enables drive initialization, user management, drive locking, user recovery and crypto erase for all Opal-based, proprietary and solid-state SEDs. Wave also provides the automated, turn-key management of Microsoft native encryption on Win7 platforms; software encryption with Safend Encryptor and removable media encryption for encrypting data-in-motion on removable storage devices.

  • Deter Unauthorized Users, Devices and Malware. With the lion's share of corporate data residing on network endpoints, Safend Protector and Inspector can prevent data leakage through physical ports, wireless interfaces or removable media or, restrict devices by type, model or serial number, inspect, classify and block data leakage via email and control the transfer of files.

  • Detect Emerging Threats. Ensure that only trusted devices are given access to networks and services with ERAS by activating and managing the Trusted Platform Module (TPM) security chips on your PCs. With Wave Endpoint Monitor, enterprises can spot Advanced Persistent Threats by detecting unauthorized changes to the pre-boot environment as systems power on.

Micron recently extended its relationship with CDW to include the company's C400 solid state SED.

"We're proud to join with Wave and CDW to bring Micron's flash-based SED to a wider market," said Justin Sykes, general manager of client SSDs at Micron. "Data breaches are at an all-time high, and there's growing awareness that hardware-based encryption delivers tighter security and better performance than software solutions. With Wave, businesses can deploy and manage an enterprise-wide installment of our C400 SEDs right out of the box."

About Wave Systems
Wave Systems Corp. (NASDAQ: WAVX) 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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