Wave Systems Corp. (fka WAVXQ)

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October 25, 2006 - 6:04 AM EST
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WAVX 2.46 0.08
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Wave Signs Distribution Agreement with Ingram Micro Europe

Wave Systems Corp. (NASDAQ: WAVX) has finalized a distribution agreement with Ingram Micro Europe, a division of the global technology distributor Ingram Micro Inc. (NYSE: IM). The agreement, which does not include minimum purchase or distribution requirements, appoints Ingram Micro Europe as a non-exclusive distributor of Wave's products in Europe, the Middle East and Africa (EMEA).

As a result of this relationship, Wave expects businesses throughout these territories to have greater access to its EMBASSY(R) line of enterprise security software, the business security features of which include policy management, data protection, password management and strong pre-boot authentication. Benefits of this advanced functionality include mitigating password, data and personal information theft and more.

"Wave Systems is thrilled to collaborate with Ingram Micro Europe," said Bruno LeConte, Vice President, EMEA, for Wave Systems. "We expect the pan European presence of Ingram Micro to help accelerate the deployment of Wave's enterprise solutions in these territories."

Wave's EMBASSY Trust Suite (ETS) leverages a unique, standards-based hardware security chip called a Trusted Platform Module (TPM). The computer industry has shipped tens of millions of PCs embedded with TPMs.

About Wave Systems Corp.

Consumers and businesses are demanding a computing environment that is more trusted, private, safe and secure. Wave is a leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms from a variety of vendors. Wave holds a portfolio of significant fundamental patents in security and e-commerce applications and employs some of the world's leading security systems architects and engineers. For more information about Wave, visit http://www.wave.com.

About Ingram Micro Inc.

Ingram Micro Inc. is the world's largest technology distributor. As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, logistics services, technical support, financial services and product aggregation and distribution. The company serves 100 countries and is the only global IT distributor with operations in Asia. Ranked 72 on the Fortune 500, Ingram Micro generated $28.8 billion in revenues for fiscal year 2005.

Visit www.ingrammicro.com or www.ingrammicro-europe.com

Safe Harbor for Forward Looking Statements

Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control. Wave Systems assumes no obligation to publicly update or revise any forward-looking statements.

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Wave Systems Corp.
Michael Wheeler, 413-243-7026
[e-mail]
or
Media:
Schwartz Communications
Mike Schultz or Katie Potter, 781-684-0770
[e-mail]
or
Investor Relations:
Jaffoni & Collins
David Collins or Ratula Roy, 212-835-8500
[e-mail]


Source: Business Wire (October 25, 2006 - 6:04 AM EST)

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