SOURCE: Wave Systems Corp.

Wave Systems Corp.

October 15, 2012 08:29 ET

Wave Receives Golden Bridge Award for Deploying and Managing SEDs for Barnabas Healthcare System

LEE, MA--(Marketwire - Oct 15, 2012) -  Wave Systems Corp. (NASDAQ: WAVX) announced that it received the top honor in the case study and best deployment category for the Golden Bridge Awards, beating out nine competitors. The award was distributed earlier this month in San Francisco.

Barnabas Healthcare had replaced software encryption with self-encrypting drives (SEDs) managed by Wave's EMBASSY® software on hundreds of laptops used by doctors, executives and administrators in more than a dozen facilities.

"Patient trust and confidentially were the drivers behind Barnabas Healthcare's decision to select SEDs with our management console," commented Wave's Brian Berger, Executive Vice President of Marketing and Sales. "They saw significant advantages in the time and overhead expenses, while ensuring compliance with HITECH and HIPAA."

Self-encrypting drives (SEDs) automatically encrypt all data written to the drive in real time, minimizing the impact on system performance. Secure audit logs ensure encryption is always on, ensuring regulatory compliance.

The annual Golden Bridge Awards program encompasses the world's best in organizational performance, innovations, products and services, executives and management teams, women in business and the professions, innovations, case studies, product management, public relations and marketing campaigns, and customer satisfaction programs from every major industry in the world. Organizations from all over the world are eligible to submit nominations including public and private, for-profit and non-profit, largest to smallest and new start-ups.

More than 40 judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2012 Golden Bridge Business Awards winners. The winners were honored during the awards dinner and presentation on October 2, 2012, in San Francisco attended by the finalists, industry leaders and judges.

About the Golden Bridge Awards
Golden Bridge Business and Innovation Awards are an annual industry and peers recognition program honoring best companies in every major industry from large to small and new start-ups in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America, Best New Products and Services, Best Innovations, Management and Teams, Women in Business and the Professions, Case Studies, Customer Satisfaction, and PR and Marketing Campaigns from all over the world. Learn more about The Golden Bridge Awards at www.goldenbridgeawards.com.

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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