Wave Systems Corp. (fka WAVXQ)

[Snackman]

Wave to Present at Noble Financial Conference Monday, June 7th at 4 p.m. EDT

Lee, MA — June 2, 2010 — Wave Systems Corp. (NASDAQ:WAVX www.wave.com) today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, CFO, will present at the sixth annual Noble Financial Capital Markets ONTRACK 2010 Equity Conference at 4:00 p.m. EDT on June 7, 2010, in room 2 (Petty) at the Hard Rock Hotel in Hollywood, Florida.

Live Audio Webcast & Replay: available at www.wave.com/about/investors/webcasts.asp where the live and archived webcast will be available for 30 days.

Details are available at www.nobleresearch.com/ontrack/10.htm

About Noble Financial
Noble Financial Capital Markets was established in 1984 and is an equity research driven, full-service investment banking boutique focused on small-cap, emerging growth companies. Noble has offices in New York, Boston, New Jersey, St Louis and Boca Raton