SOURCE: Wave Systems Corp.

Wave Systems Corp.

August 14, 2012 08:55 ET

Wave CEO Steven Sprague to Deliver Plenary Address on Trusted Computing at AFCEA TechNet Land Forces East

LEE, MA--(Marketwire - Aug 14, 2012) - Wave Systems Corp. (NASDAQ: WAVX) announced today that CEO Steven Sprague will discuss trusted computing for improving network security and addressing today's most serious cyber threats at the AFCEA TechNet Land Forces East Conference on Thursday, August 16th. Mr. Sprague will speak from the main stage following presentations that week by luminaries such as Gen. Keith Alexander, U.S. Cyber Command and Director of the NSA, and U.S. Sen. Barbara Mikulski.

"Cyber security is a top priority for the U.S. military, with serious threats emerging each day," said Mr. Sprague. "Luckily the industry as a whole has taken a leadership role in providing open security standards, developed and championed by the Trusted Computing Group. By activating the trusted computing technologies that are available in most endpoint devices, organizations can cost-effectively lock down the network, create more robust access controls and safeguard intellectual property."

Specifically, the TCG's Trusted Platform Module (TPM) helps to achieve this by enabling IT administrators to identify with a high level of assurance which device is attempting to access the network, and create policies allowing only known devices to see sensitive information such as intellectual property or customer data. Today, the TPM security chip is embedded in the hardware of more than 600 million laptops. Likewise, the TCG's Mobile Trusted Module (MTM) extends strong device identity built on industry-standard hardware into the mobile realm.

WHAT: Engaging the Device to Protect the Network -- Deploying Trusted Computing
WHEN: 8:00 - 8:45 a.m. EDT, Thursday, August 16th
WHERE: Hall E, AFCEA TechNet Land Forces East, Baltimore Convention Center, Baltimore, MD

The theme for AFCEA TechNet Land Forces East Conference is "Cyberspace Operations: Prevent, Shape, Win," highlighting the operational security focus of DoD and Industry Networks, and Cyber Operations with Joint and Coalition partners, to prevent, shape, and win future cyber conflicts. Government, industry, and academic leaders will address a broad range of topics and focus on the opportunities for Cyber Superiority. Plenary and track sessions will be recorded daily and uploaded to the web for future viewing. Press looking to attend should register in advance at: http://www.afcea.org/events/tnlf/east12/media.asp.

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.

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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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