Wave Systems Corp. (fka WAVXQ)

[fivewood]

PRESS RELEASE: Wave Systems and Operational Research Consultants Collaborate to Address Government Security Markets




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Thu Jan 13 08:30:24 2005 EST
LEE, Mass. & FAIRFAX, Va.--(BUSINESS WIRE)--Jan. 13, 2005--Wave Systems Corp.
(NASDAQ:WAVX) and Operational Research Consultants, Inc. (ORC), a wholly owned
subsidiary of WidePoint Corporation (OTC BB: WDPT), announced today a strategic
partnership to jointly market trusted computing and certified credentialing to
provide identity management solutions to federal, state and local governments.

The partnership agreement combines ORC's federal government authorized
External Certificate Authority (ECA) and Access Certificates for Electronic
Services (ACES) capabilities with Wave's EMBASSY(R) Trust Suite technology for
use with federal compliant public key infrastructures.

"ORC is pleased to be joining forces with Wave Systems in making available
trusted computing solutions embedded with ECA digital certificate capabilities
to all branches of government, and beyond," stated Daniel E. Turissini,
president and CEO of ORC. "This combination of Wave's EMBASSY(R) Trust Suite
technology integrated with our Trusted Third Party services provides another
element to furthering the availability of the highest levels of Information
Assurance technologies in the ongoing efforts to protect personal information
and in support of Homeland Defense endeavors."

"Wave is happy to be partnering with ORC, a leader in the certificate
authority market, and whose technology has gained a strong foothold in
government, military and security markets," said Steven Sprague, Wave's
president and CEO. "We believe ORC can play an important role as a Trusted
Third Party serving the growing trusted computing market in government."

ORC employs Public Key Infrastructure (PKI) technology to enable Government
and Commercial customers to confidently disseminate information to
geographically dispersed audiences while protecting that information from
unauthorized disclosure. By implementing individual, code-signing and
device/server digital certificates through trusted identity validation
procedures, ORC provides its customers with:

-- A digital identity for identification and authentication,

-- Public-private key encryption for confidentiality, and

-- Digital signatures for data integrity and non-repudiation.


ORC tackles the most difficult issues in implementing PKI by establishing for
its customers rigorous procedures for subscriber identification that do not
place an undue burden on either the subscriber or the validating entity while
maintaining an acceptable level of trust.

Wave's EMBASSY Trust Suite technology is designed to make personal computers
more trusted and secure while making the PC applications more secure and easy
to manage. For more information please visit www.wave.com.

About Operational Research Consultants


ORC, a wholly-owned subsidiary of WidePoint Corporation, is a
multidisciplinary firm, offering a broad range of technical, analytical and
engineering services including weapons system acquisition management, software
development, systems integration, e-commerce, and expertise in all elements of
information assurance and security. In addition to the DoD ECA program, ORC is
also a prime contractor for the General Services Administration's (GSA) Access
Certificates for Electronic Services (ACES). For more information, please see
ORC's website at www.orc.com.


About WidePoint Corporation (OTC BB:WDPT) is a publicly-traded IT services
and solutions firm specializing in planning, managing, and implementing
government and commercial enterprise solutions. WidePoint has embarked upon a
growth through selective acquisition strategy focused on the Federal Government
sector's e-initiatives, which are driven by mandated requirements to greatly
enhance technical capabilities and increase functionality and productivity
within Federal Agencies. For more information, please see WidePoint's website
at www.widepoint.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.


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