SOURCE: Wave Systems Corp.

Wave Systems Corp.

October 04, 2011 07:29 ET

Wave CEO to Present on Trusted Computing and the Role of Device ID for Adding a Critical Layer of Authentication at it-sa, Oct. 11-13

NUREMBURG, GERMANY--(Marketwire - Oct 4, 2011) - (Hall 12, Stand 224) -- Wave Systems Corp. (NASDAQ: WAVX) will present a series of seminars October 11-13, 2011 at it-sa, one of the pre-eminent IT security trade fairs in Europe. The seminars will address how private and public sector organizations can secure networks and sensitive data using embedded hardware security built on open industry standards set forth by the Trusted Computing Group (TCG).

Highlighting the week for Wave is a presentation from CEO Steven Sprague entitled "Embedded Device Identification" which outlines the steps IT can take to leverage a security chip, the Trusted Platform Module (TPM), as an additional authentication layer for establishing device identity.

WHAT: "Embedded Device Identification"
WHEN: Wednesday, October 12, 12:45 p.m. and Thursday, October 13 at 2:00 p.m.
WHERE: Forum Blue NürnbergMesse GmbH, Messezentrum

"The escalation in security breaches around the globe underscores the fact that traditional forms of security -- those that rely on proprietary software -- aren't always enough to combat many of today's sophisticated threats," Mr. Sprague said. "Device identity as an independently managed layer for network access control can give enterprises confidence that only known devices are granted access to information and sensitive resources. User identification alone, whether through digital certificates, one-time passwords or smart cards, may not be enough to prevent many types of attacks."

The TPM, a cryptographic security chip that is a standard component on business PCs, features the ability to create, sign and store keys, safe from malware. Benefits of the TPM include the persistent protection of identity information (keys) and low total cost of ownership as there is no additional hardware to acquire and deploy.

A founding member of the Trusted Computing Group, Wave leverages the hardware security capabilities built directly into endpoint computing platforms. Wave's EMBASSY® software can help organizations protect sensitive data and their brand by transforming their self-encrypting drives and TPMs into enterprise-wide encryption and authentication solutions.

Sessions on Wednesday, Oct.12, include "Trusted Computing: How Industry-Standard Embedded Security Can Save You and Your Money!" (11:30 a.m. - 1 p.m.); "Why Hardware Embedded Security Provides Greater Data Protection and Network Access Control than Layered Software Security for Your Mobile Workers" (1:30-3 p.m.) and "A Paradigm Shift: Is Embedded Hardware Security the Future For all Mobile Devices?" (3:15-4:45 p.m.). The sessions take place in Room 12.

About Wave Systems Corp. (www.wave.com):
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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Contact Information

  • German Press Contact

    Ursula Kafka
    Kafka Kommunikation GmbH & Co KG
    Auf der Eierwiese 20A
    82031 München-Grünwald
    Tel. +49 (0) 89 74747058-0
    Fax + 49 (0) 89 74747058-20

    U.S. Press Contact

    Michael Wheeler
    Wave Systems Corp.
    413-243-7026
    mwheeler@wavesys.com