SOURCE: Wave Systems Corp.

Wave Systems Corp.

August 27, 2012 08:39 ET

Wave Executives to Speak on Trusted Computing, BYOD and Authenticating to the Cloud at IAS

LEE, MA--(Marketwire - Aug 27, 2012) - Wave Systems Corp. (NASDAQ: WAVX) announced today that CEO Steven Sprague and Executive Vice President Brian Berger will speak at the Information Assurance Symposium (IAS) on securely enabling "Bring Your Own Device," or BYOD, and authenticating to the cloud. The Information Assurance Exposition (IAE), August 28-30 at the Gaylord Opryland Resort and Convention Center in Nashville, TN, will run in conjunction with the symposium.

"The cybersecurity space is constantly redefining itself," commented Mr. Sprague. "Currently, enterprises and government organizations are struggling to adapt security practices to consumer trends like BYOD and the explosive expansion of cloud computing. The one constant, however, is the need for collaboration, both within the industry and between industry and government. You see examples of how this can work when solutions are built on industry-standard technology such as the Trusted Platform Module. In our presentations at IAS, both Brian Berger and I will address how building on the industry-standard technology can move cybersecurity forward in leaps and bounds."

Trusted Computing for Malware Detection and Securing Data at Rest

Wave will be demonstrating authentication, malware detection, data-at-rest, and enterprise social media solutions in its booth, #431. Using foundational trusted computing standards, the solutions demonstrated at IAE will address pressing security concerns such as Advanced Persistent Threats and how Trusted Platform Module/Wave Endpoint Monitor can alleviate those concerns, and how lost laptops containing sensitive data can be secured using centrally-managed self-encrypting drives. Wave will also be participating in the Trusted Computing Group's booths, #239 and #241.

The IAE/IAS will work in conjunction to connect attendees and exhibitors as they discuss information assurance technology, equipment, implementation, training and education. In previous years, the IAS has attracted up to 1,800 attendees. This year, IAS is hosted by the National Security Agency (NSA), Defense Information Systems Agency (DISA), and the United States Strategic Command (STRATCOM).

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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