SOURCE: Wave Systems Corp.

Wave Systems Corp.

March 11, 2014 08:25 ET

Wave Announces Comprehensive Management for Kingston's KC300 Opal SSD Drives

LEE, MA--(Marketwired - Mar 11, 2014) -  Wave Systems Corp. (NASDAQ: WAVX) announced today it is offering full management of Kingston Technology's line of self-encrypting solid-state drives for stronger security and faster performance. The Kingston SSDNow KC300 is available in a version that is compliant with the Opal security standard from the Trusted Computing Group (TCG) and is available in 60-, 120- and 240GB capacities.

The SSDNow KC300 is compatible with Wave's EMBASSY Remote Administration Server and Wave Cloud 2014, the only cloud-based management solution for self-encrypting drives (SEDs) on the market. When paired together, Wave and Kingston deliver a powerful tool to ensure that encryption is always on, and information is protected.

"With the introduction of the Opal 1.0 compliant SSD, Kingston has demonstrated its commitment to data security and performance, giving end-users strong assurance that their sensitive data is safe and secure at the endpoint," said Wave CEO Bill Solms. 

Wave enables pre-boot authentication to the drive, automated user enrollment, drive locking, emergency access, crypto-erase, policy enforcement and remote management. Detailed event logs offer independent verification that information on a drive is protected should a device become lost or stolen -- essential for compliance with the growing number of data protection laws and regulations.

"With the growing popularity of solid-state drives in today's enterprise and the need for stronger encryption, Kingston is proud to offer a version of its top-selling KC300 SSD that is compliant with the TCG Opal standard," said Ariel Perez, SSD Business Manager Kingston. "We're pleased to have in Wave, a strong partner offering companies ease of management, flexibility and the assurance their sensitive information is always secure."

Enterprise customers looking for the TCG Opal 1.0 compliant KC300 solid state drive should contact their local Kingston sales representative and for more information about Wave, visit http://www.wave.com/products/embassy-remote-administration-server-self-encrypting-drives

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.

About Kingston Technology Company, Inc.
Kingston Digital, Inc. ("KDI") is the Flash memory affiliate of Kingston Technology Company, Inc., the world's largest independent manufacturer of memory products. Established in 2008, KDI is headquartered in Fountain Valley, California, USA. For more information, please visit kingston.com.

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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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