Wave Systems Corp. (fka WAVXQ)

[fivewood]

NEWS Wave Systems' EMBASSY Trust Suite Complements Atmel's Trusted Platform Module With Enhanced Applications For Trusted Computing Platforms
BUSINESS WIRE - August 14, 2003 09:36
LEE, Mass., Aug 14, 2003 (BUSINESS WIRE) -- EMBASSY(R) Trust Suite Services Enabled on Atmel's Trusted Platform Module

Wave Systems Corp. (NASDAQ:WAVX), a leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms, today announced the EMBASSY(R) Trust Suite of applications and services will be available for Atmel Corporation's (NASDAQ:ATML) Trusted Platform Module (AT97SC3201) technology and software stack.

Wave's solution, when combined with Atmel's TPM technology, provides PC platforms with a new suite of secure services and applications. This suite adds value and new revenue opportunities to the PC platform while providing enhanced security and privacy options. The Trusted Platform Module (TPM) is a single chip turnkey solution, which serves as the secure core for the enhanced services platform specified by the Trusted Computing Group. TPMs provide the trusted resources used by the Wave services to extend trusted functions within a PC.

The EMBASSY Trust Suite includes three principal services: Document Manager Vault for securing files and folders, SmartSignature for digital signature capability for secure electronic contracts, and Private Information Manager for secure storage and management of user information, usernames, passwords and personal information. Private Information Manager will intelligently retrieve data for use in web pages, logging into web sites, or for filling forms. In the future, IT administrators and end users will also be able to upgrade the EMBASSY Trust Suite to the industry's most comprehensive portfolio of secure services, applications and utilities, from backup and migration of critical security data to identity services.

"Affordable security has been a reality for PCs for some time now, as demonstrated by our TPM, the AT97SC3201. Millions of these TPMs are currently deployed in a variety of IBM PCs today," said Kevin Schutz, product manager for secure products, Atmel Corporation. "It is encouraging to see developers such as Wave Systems step up and deliver with development activity, enabling OEMs and end users access to usable third party applications and services which benefit from the hardware security Atmel TPMs provide."

"There is a tremendous amount of momentum being generated around the availability of multi-vendor hardware security and trusted services for the personal computer and other devices," said Brian Berger, senior vice president, global business development, Wave Systems. "As PC OEMs increasingly move to TCG compliant solutions, we are happy to offer interoperability of our secure EMBASSY services with Atmel's market-proven product portfolio. Wave is delighted to work with Atmel to enable solutions with their products."

Offered as a single chip turnkey solution designed to be mounted on the computer motherboard, the Atmel TPM brings true and affordable hardware security to the PC platform. It is suitable for use in the smallest platforms, including pocket PCs, cell phones and PDAs. Optimized to support the TCG architecture, it offers a standards-based approach to security. Standard encryption, signature algorithms and flexible authorization mechanisms and a wide range of applications, including email, file encryption and network authorization.

Wave Systems' EMBASSY Trust Suite adds to the hardened security of the Atmel TPM (AT97SC3201) by adding applications for trusted digital signatures, secure document storage, secure document management and powerful privacy options. Together, the Atmel technology and EMBASSY services provide a cost effective TCG-compliant solution with services that will generate new revenue opportunities today, while forming the basis of trust necessary for a thriving e-commerce infrastructure in the future.

For further information on Atmel's TPM solution, please go to http://www.atmel.com/products/Embedded/.

More information on the EMBASSY(R) Trust Suite of applications and services is available at www.wave.com.

fivewood