Wave Systems Corp. (fka WAVXQ)

[boombreaker]

Wave to Host Q2 Webcast/Conference Call on Monday, August 9, at 4:30 p.m. EDT

LEE, MA, Jul 29, 2010 (MARKETWIRE via COMTEX) -- Wave Systems Corp. /quotes/comstock/15*!wavx/quotes/nls/wavx (WAVX 3.18, -0.17, -5.07%) , a leading provider of management software for hardware-based security, announced today that on Monday, August 9th at 4:30 p.m. EDT it will host a webcast/conference call reviewing its Q2 financial results, as well as recent corporate and industry progress. Wave's results will be issued after the market's close that day.

WEBCAST/REPLAY: available at http://www.wave.com/news/webcasts and archived for 30 days.

TELEPHONE: via [phone] or [phone].

About Wave Systems Corp. Wave provides software to help solve critical enterprise PC security challenges such as data protection, strong authentication, 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 over 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 self-encrypting drive standard, Opal. 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. Self-encrypting drives are a growing segment of the data protection market, offering increased security and better performance than existing software-based encryption solutions. For more information about Wave and its solutions, visit http://www.wave.com.

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For more information please contact:

Wave Systems Corp.
Gerard T. Feeney, CFO
413-243-1600
[e-mail]