Wave Systems Corp. (fka WAVXQ)

[Fullmoon]

Acer Unveils Line of Business Desktop PCs With Wave Software



Acer Unveils Line of Business Desktop PCs With Wave Software

Market Wire
10:27 AM Eastern Daylight Time Oct 14, 2008
Wave Systems Corp.

LEE, MA, Oct 14 (MARKET WIRE) --
Wave Systems Corp. (NASDAQ: WAVX) recently completed a license agreement
with Acer, permitting the world's third-largest PC vendor to bundle an
OEM edition of its EMBASSY(R) Trust Suite (ETS) software with Acer's new
Veriton(TM) 670 line of business desktop PCs.

The first shipments of the Acer desktops with ETS are expected to begin
this quarter and include a motherboard featuring a Trusted Platform Module
(TPM) that is integrated with the Intel chipset branded the iTPM. This
built-in hardware strengthens PC security and alleviates vulnerabilities
found in software security through enhanced capabilities such as safe
storage for user credentials and encryption keys. Organizations that
leverage Intel's iTPM combined with ETS can quickly and cost-effectively
enhance and manage PC security in the following ways:


Strong authentication: Strengthen authentication to Windows, Virtual
Private Networks (VPN), wireless networks and secure applications through
multi-factor authentication, with the option of combining passwords, TPM
certificates, smart cards and fingerprints.

Data protection: Access a secure virtual drive from any program to
encrypt sensitive files and folders using hardware-based encryption
instead of software-based encryption.

Password management: Take advantage of speedy access to websites and
applications with automated features for saving and supplying passwords.
Passwords are safeguarded by hardware in TPM-secured storage.


In addition, security policies and user settings are consolidated
into a single security interface for simplified management. Security
wizards assist the user with first time setup, multi-step tasks and
adding TPM security to common applications. For enterprises, Wave also
offers enhanced management capabilities through its EMBASSY Remote
Administration Server and integration with Active Directory, which allows
for remote administration of security features of ETS as well as
distributed policy management.

Acer will also bundle Wave's ETS on PCs designed for small businesses that
do not have a discrete TPM chip or iTPM included on the motherboard.
Applications include managing passwords, biometric authentication and file
and folder encryption.

"Businesses worldwide are increasingly seeking higher levels of security
for their critical information and network access, and leading PC vendors
like Acer are addressing these customer demands through hardware," said
Brian D. Berger, Wave's executive vice president of marketing & sales. "We
look forward to providing Acer customers with the ability to turn on,
manage and leverage the Trusted Platform Module with Wave's software to
deliver stronger security for their users and better protection for their
critical data."

Wave will receive a per-unit royalty based on the shipment volumes to
third parties of products equipped with the ETS Acer Computer OEM Edition.
However, the license agreement does not provide for guaranteed minimum
shipped quantities or royalties.

About Wave Systems

Wave provides software to help solve critical enterprise PC security
challenges such as strong authentication, data protection, network access
control and the management of these enterprise functions. Wave is a
pioneer in hardware-based PC security and a founding member of the Trusted
Computing Group (TCG), a consortium of nearly 140 PC industry leaders that
forged open standards for hardware security. Wave's EMBASSY(R) line of
client- and server-side software leverages and manages the security
functions of the TCG's industry standard hardware security chip, the
Trusted Platform Module (TPM). TPMs are included on tens of millions of
PCs and are standard equipment on many enterprise-class PCs shipping
today. Using TPMs and Wave software, enterprises can substantially and
cost-effectively strengthen their current security solutions. For more
information about Wave and its solutions, visit http://www.wave.com.