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WAVX - Wave Systems to Feature Secure Enterprise Software Solutions At Microsoft

Security Summit Events

Business Editors/High-Tech Writers

LEE, Mass.--(BUSINESS WIRE)--April 5, 2004--

Wave Features its EMBASSY(R) Trust Suite at Microsoft Security
Events From April through June 2004

Wave Systems Corp. (NASDAQ:WAVX) today announced its EMBASSY(R)
Trust Suite software will be demonstrated at Microsoft Security Summit
events across the U.S. from April through June, 2004.
This is a significant opportunity for security specialists,
network database administrators, developers and other IT professionals
to learn how Wave can help companies and organizations prepare for
future potential security threats while using the Microsoft
infrastructure.
"By participating with Microsoft at these important security
events, more than 30,000 influential IT professionals, including
corporate decision makers and those that resell and distribute to
them, will learn first-hand about Wave's EMBASSY Trust Suite
solutions," said Brian Berger, Wave's executive vice president,
marketing and sales. "Wave will be paying particular attention to
resellers and distributors who could realize important benefits
through the newest addition to the EMBASSY Trust Suite portfolio - the
Key Transfer Manager, an enterprise software solution that is designed
to help backup and protect the hardware encryption keys used to
protect valuable personal computer data."
"Microsoft is hosting Security Summit events in response to our
customers' ongoing need for in-depth training on issues related to
security," said Jeff Jones, Senior Director for Trustworthy Computing
at Microsoft Corp. "We are pleased to work with companies like Wave at
our Security Summit events to help customers learn more about options
available to help them protect computers and networks from the threat
posed by malicious software code."
In addition to Key Transfer Manager, EMBASSY Trust Suite includes
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
names, passwords and personal information. Private Information Manager
is designed to intelligently retrieve data for use in web pages,
logging into web sites, or for filling in forms.
Information on Wave's participation in specific Microsoft Security
Summit events is available at www.wave.com.
More information about EMBASSY Trust Suite products is available
through Wave Systems at www.wave.com/products/ets.html.

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.

--30--NR/ny*

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

KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: SOFTWARE E-COMMERCE INTERNET HARDWARE GOVERNMENT
PRODUCT TRADESHOW
SOURCE: Wave Systems Corp.

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Apr-05-2004 13:06 GMT
Symbols:
US;WAVX
Source BW Business Wire
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