Wave Systems Corp. (fka WAVXQ)

[Countryboy]

Wave-DoD.

Item 8.01. Other Events. Date of report (Date of earliest event reported) February 1, 2005

Wave Systems Corp. has been awarded a $319,000 contract by a United States Department of Defense agency. Under the contract, Wave will provide consulting services in connection with a study to evaluate the implementation of trusted computing solutions for the government. The term of the project is expected to be four months.http://www.wave.com/news/press_archive/06/060208_DoD8K.html

Wave Systems Salutes the U.S. Army’s New Security Requirements for Their Desktop and Mobile PC Purchases by Specifying Trusted Computing Security Chips

Lee, MA – February 6, 2006– Wave Systems Corp. (NASDAQ:WAVX www.wave.com) salutes the U.S. Army for its release on Feb. 3 of the new Consolidated Buy-2 (CB2) Desktop and Notebook minimum specifications for Army customers as published by the Army Small Computer Program. The specific publication link is https://ascp.monmouth.army.mil/scp/news/currentnews.jsp#2214 .
The new published Army specification details a requirement for desktop and laptop personal computers to be equipped with new open security chip hardware called the Trusted Platform Module (TPM). The TPM provides a very low cost hardware security solution that can be used to enhance the security and integrity of the computer.

“The Trusted Platform Module provides the U.S. Army with an important new tool to enhance the security of their network,” said Steven Sprague, president and CEO, Wave Systems. “Wave salutes the U.S. Army for requiring new PCs to be equipped with this readily available hardware security chip capability. By specifying TPMs in new laptops and desktops, the Army can now take advantage of this technology as part of their overall cyber-security architecture.

“The software to support broad deployment of the TPM is here today. Wave's Embassy® Trust Suite is designed from the ground up to bring important security applications and services to TPM-enabled PCs. The Embassy platform is designed to deliver network policy management, data protection, biometric authentication, smart card authentication, password authentication and machine authentication of a user's personal computer to a server,” he said. “These are just the type of applications and capabilities that the Army could use to secure their vital data networks and platforms, and we are hopeful that this development will present additional market opportunities for Wave's Embassy Trust Suite solutions.”

Wave's Embassy technology provides the administration tools that enable the management of a large deployment of TPM-enabled PCs. Wave has designed its Embassy technology to work with all commercially available TCG-compliant TPMs. Wave's Embassy platform is also designed to be compatible with the Microsoft Office® environment, including Windows Server products and Active Directory.

“Trusted computer users have available from Embassy technology a simplified yet enhanced level of security protection through the implementation of strong authentication capabilities that make available biometrics, smart cards, passwords or the TPM, all tailored to specific business needs,” Sprague said.
With a TPM-enabled PC, here are some capabilities to immediately improve data security in a network or on a single PC platform:
Embassy Security Center - for establishing security policy management to strengthen authentication to Microsoft Windows and other secure applications with multifactor authentication capabilities.

Document Manager Vault - for protecting files and folders in multiple, networked, sharable secure drives that are compatible with Microsoft Windows Explorer.

Private Information Manager - for secure storage and automation of user names, passwords and personal information.
SmartSignature - for digital signature capability of secure electronic contracts.

Key Transfer Manager - for backup and protection of hardware encryption keys.

Embassy Enterprise Authentication Server – for policy managed authentication requirements to the domain.

Wave is a member of the Trusted Computing Group (TCG), an industry organization dedicated to embedding trust and security more broadly into computing platforms and devices. More information on Wave's ETS software is available at www.wave.com. http://www.wave.com/news/press_archive/06/060206_WAVX.html

DOD and IT group craft identity network agreement
02/07/06

A federation that includes many IT companies has signed an agreement with the Defense Department to connect identity systems and establish an interoperable authentication network.

“Over the last two years the Department of Defense has worked aggressively on policies, processes, and technologies to substantively raise the bar on force protection,” said Mary Dixon, defense manpower deputy director.

To accomplish that goal the groups are moving toward federated agreements and solutions that allow members to trust each others’ credentials.

DMDC and all private sector federation members retain their own employees’ information for there is no central database. To ensure trust and interoperability, federation members adhere to a common set of operating rules and a uniform trust model.

The founding members are:

BearingPoint, Inc.
Data Systems Analysts Inc.
EDS Corp.
Lockheed Martin Corp.
NACHA - The Electronic Payments Association
Northrop Grumman Corp.
Saflink Corp.
SRA International Inc.
SRP Consulting Group, LLC
3Factor
Unlimited New Dimensions LLC
Wave Systems Corp.

http://www.washingtontechnology.com/news/1_1/security/27925-1.html

Consolidated Buy-2 (CB2) Desktop and Notebook Specifications Posted03-Feb-2006

Consolidated Buy-2 (CB2) Desktop and Notebook minimum specifications have been posted for Army customers. Vendor proposed items are expected to be posted during week of February 21. CB2 details are available at https://ascp.monmouth.army.mil/scp/cb/cb_index.jsp' https://ascp.monmouth.army.mil/scp/news/currentnews.jsp%232214%20.

Consolidated Buy-2 (CB2) Period for Desktops and Notebooks Extended03-Apr-2006

Consolidated Buy (CB) products and prices have been extended with CB2 vendors through 30 April. Customers may continue to order CB2 desktops, notebooks, monitors and their options/upgrades as described by ASCP website CB instructions.
Consolidated Buy-2 (CB2) for desktop and notebook computers has ended. 1-May-2006

Consolidated Buy-2 (CB2) for desktop and notebook computers has ended. The next CB buying period is scheduled from the second half of August through 30 September 2006. Customers with 'urgent' desktop and notebook requirements are directed to the CB Exception Process (link) instructions for procuring such items between Consolidated Buy periods.https://ascp.monmouth.army.mil/scp/news/currentnews.jsp#2394