Wave Systems Corp. (fka WAVXQ)

[IAMSAM]

Wave Systems to Demonstrate EMBASSY Trust Suite Services with the Trusted Computing Group Community at Developer Trade Show

Business Wire - February 13, 2004 11:28

SAN FRANCISCO & LEE, Mass., Feb 13, 2004 (BUSINESS WIRE) -- Wave Systems Corp. (NASDAQ:WAVX) today announced its EMBASSY(R) Trust Suite software will be demonstrated within the Trusted Computing Group (TCG) Community exhibition area, Booth 152, at the Intel Developer Forum, February 17-19, at the Moscone Convention Center, San Francisco.

Wave will demonstrate EMBASSY Trust Suite software, which is designed to deliver solutions compliant with the TCG specifications for trusted computing. The software suite works with a Trusted Platform Module (TPM) - a single chip solution embedded inside a PC. Millions of PCs have been shipped by the industry with TPMs installed. The TPM provides the resources used by the EMBASSY software to implement secure functions within the PC.

"Products such as those demonstrated by Wave Systems represent a wide variety of new security options for computer users," said Nancy Sumrall, chairman, TCG marketing work group. "With many of these services, applications, and systems now available, IT managers can improve security of sensitive data."

Wave will also be demonstrating a range of trusted client and server applications at the Intel, Atmel and National Semiconductor booths.

"We believe that Wave is demonstrating market leadership by being the only software vendor that is shipping software solutions that work on all the available TPM chips that are compliant with TCG specifications. We believe that this capability is valuable to PC OEMs who want choices in solutions available from their vendors," said Brian Berger, Wave's executive vice president, marketing and sales. "We are proud to be a part of the TCG Community at this show and also to be demonstrating with industry leaders around the show floor."

Customers may make appointments by contacting Berger at [e-mail].

For more information on TCG, please go to www.trustedcomputinggroup.org.

More information on Wave Systems' suite of EMBASSY services is available at www.wave.com.

About Wave Systems

Consumers and businesses are demanding a computing environment that is more trusted, private, safe and secure. Wave is the 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.

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.

All brands are the property of their respective owners

SOURCE: Wave Systems Corp.

Wave Systems Corp.
John Callahan, 413-243-7029
[e-mail]
or:
Jaffoni & Collins
David Collins, Richard Land, 212-835-8500
[e-mail]

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.