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Thursday, 02/04/2010 1:06:50 PM

Thursday, February 04, 2010 1:06:50 PM

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Wave Integrating Support for Intel(R) vPro(TM) Technology in Its Software for Enterprise Management of Self-Encrypting

Market Wire
1:05 PM (GMT-05:00) Eastern Time (US & Canada) Feb 04, 2010
Wave Systems Corp.

LEE, MA, Feb 04 (Marketwire) --


Wave Systems Corp. (NASDAQ: WAVX) (www.wave.com) today announced the
integration of support for Intel(R) vPro(TM) Technology into its
EMBASSY(R) software, a solution for secure and robust management of
self-encrypting hard drives in the enterprise. Self-encrypting drives --
where encryption is built into the drive itself -- are available from all
the major drive vendors and leading PC OEMs.

Visit Wave's booth at Intel's vBiz 2010 virtual event for details of the
solution and to view the Intel-produced video featuring Wave President and
CEO Steven Sprague (also available by clicking here:
http://www.westlakemediagroup.com/intel/IDF09-1a-WaveDemo-10.zip)

Intel vPro contains hardware-embedded secure remote management technology.
Wave's solution is designed to enhance and leverage this technology by
letting IT initiate a secure, remote connection with a PC, regardless of
its power state. Potential benefits to the enterprise include:


-- End users no longer need to supply a password for self-encrypting
drives in multi-user workstations (such as a nursing station in a
hospital). The network administrator can now perform a secure unlock
of the drive without passwords -- eliminating the costs associated with
passwords for non-mobile PCs.
-- Restricting the use of specific PCs to specific network segments,
facilities or rooms by only unlocking the self-encrypting drive if the
machine is connected to an authorized port.
-- Support for standard remote management flows. Enables authorized IT to
remotely image or issue patches over the network, thus reducing the
cost of management, without compromising security or disruption to IT
work flow.
-- Enabling remote user credential recovery that is invisible to the end
user.
-- By operating independently from the operating system (OS), IT can
unlock a drive even with a corrupted OS.
-- Support for "green" initiatives. Environmentally conscious companies
can power down unused systems without impacting standard IT management
practices.
-- Support for all industry-standard, Opal-compliant self-encrypting
drives (including both standard and solid-state versions) from Fujitsu,
Hitachi, Samsung and Toshiba, along with Seagate's DriveTrust(TM)
technology, now available from leading PC OEMs.


"The all new 2010 Intel(R) Core(TM) processor family features
intelligent performance and unique security features to help businesses
address their top concerns -- cutting costs and increasing efficiency,"
said Lisa Watts, Director, Business Client Ecosystem Development, Intel
Corporation. "Intel recognizes Wave Systems as one of the industry
leaders for enhancing many of the advanced 'smart features' of vPro
Technology that enables fast and easy management of self-encrypting
drives. This will offer real value and benefit in the future as more
enterprises select self-encrypting drives to protect data at rest."

"We're proud of the fact that today we're the first ISV that is fully
integrating vPro support into an end-to-end solution for managing the
built-in security of self-encrypting drives," said Brian Berger, Executive
Vice President of Marketing & Sales for Wave Systems. "This solution
addresses many enterprise requirements for deploying drives in
organizations, such as how to send patches or perform routine maintenance
during off hours or how to bypass end users in providing passwords to
unlock an encrypted drive."

Support for vPro is available today in Wave's EMBASSY client and server
software for beta testing. Wave plans to integrate vPro support as a
standard feature, with the first commercially available versions planned
for later in 2010 -- allowing users to have the benefits of security
installed in the factory vs. an aftermarket solution.

SELF-ENCRYPTING DRIVES: A GROWING SEGMENT OF THE MOBILE DATA PROTECTION
MARKET

Self-encrypting drives (SEDs) can provide businesses with superior
security for data at rest and can help to ensure compliance with the
growing list of data privacy regulations. SEDs received attention last
year with the publication of the Trusted Computing Group's Opal storage
specification -- a single framework for hardware-based encryption --
allowing the major drive vendors to design drives of their own based on
the functions defined in the standard.

About Wave Systems Corp.

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 more than 100 companies 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) and supports the TCG's "Opal" self-encrypting drive standard.
Self-encrypting drives are a growing segment of the data protection
market, offering increased security and better performance than many
existing software-based encryption solutions. TPMs are included on an
estimated 300 million 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.

Safe Harbor for Forward-Looking Statements

This press release may contain forward-looking information within the
meaning of the Private Securities Litigation Reform Act of 1995 and
Section 21E of the Securities Exchange Act of 1934, as amended (the
Exchange Act), including all statements that are not statements of
historical fact regarding the intent, belief or current expectations of
the company, its directors or its officers with respect to, among other
things: (i) the company's financing plans; (ii) trends affecting the
company's financial condition or results of operations; (iii) the
company's growth strategy and operating strategy; and (iv) the
declaration and payment of dividends. The words "may," "would," "will,"
"expect," "estimate," "anticipate," "believe," "intend" and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond the company's
ability to control, and that actual results may differ materially from
those projected in the forward-looking statements as a result of various
factors. Wave assumes no duty to and does not undertake to update
forward-looking statements.

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