Wave Systems Corp. (fka WAVXQ)

[Fullmoon]

Toshiba Storage Device Division Develops Alliance With Wave Systems

http://www.tradingmarkets.com/.site/news/Stock%20News/1834690/

Tuesday, August 19, 2008; Posted: 02:10 PM


Dublin, Aug 19, 2008 (M2 PRESSWIRE via COMTEX) -- WAVX | Quote | Chart | News | PowerRating -- Toshiba Storage Device Division (SDD), a division involved in small form factor hard disk drives (HDDs), and Wave Systems Corp., a company involved in computing applications and services, announced an alliance to develop a standards-based solution for the encryption of data on mobile computing platforms such as laptop PCs.

According to company officials, the full disk encryption solution integrates Toshiba's HDD encryption technology and an enhanced version of Wave's EMBASSY Trusted Drive Manager and Remote Administration Server products for the management and administration of encrypting hard drives.

Toshiba and Wave will demonstrate development versions of these products at the Intel Developer Forum (IDF) in San Francisco, August 19-21.

Wave noted it has extended its client software, EMBASSY Trust Suite (ETS), which includes the Trusted Drive Manager, and the EMBASSY Remote Administration Server, to provide cross-vendor support for encrypting HDDs from multiple disk drive OEMs, including Toshiba's HDD encryption technology. ETS also manages other PC trusted computing hardware components such as Trusted Platform Modules (TPM), biometric finger print sensors and smart card readers.

According to Toshiba, their HDD encryption technology uses design principles from the evolving draft specifications for trusted storage devices. The solution provides data encryption integrated into the drive hardware, with protection of the encryption keys and authentication as integral elements of the HDD design.

"Stronger security for information on mobile PCs is becoming a high-demand feature as customers look for solutions to protect sensitive personal and business data," said Maciek Brzeski, vice president of marketing at Toshiba Storage Device Division. "Building on our legacy of HDD innovation and technology leadership, our partnership with Wave Systems enhances our current encryption technology platform and provides mobile PC manufacturers with advanced security features to deliver the data protection mobile users require."

"As trusted computing hardware, including encrypting HDDs, becomes integrated into more mobile PCs, having components and software designed with common principles centered on strong access and data security becomes important for interoperability and cross platform management," said Lark Allen, executive vice president, Wave Systems. "Wave Systems is committed to being an industry leader in implementing existing and developing trusted computing standards. Toshiba's HDD encryption technology represents an important step toward delivering strong access security to enhance the protection of data -- particularly data on mobile PCs."