I agree with Doma, the Wave piece most likely to fit with Seagate FDE drives is ESC.
Encryption on the FDE drives happens at bus speed in hardware. I would presume that advanced features like key management and authentication, especially in the context of an "external" TPM, are outside the realm of DriveTrust (and within the realm of ETS).
From Wave/Seagate PR: >>> The technology demonstration shows the benefits of linking the security of a Trusted Platform Module (TPM), based on the open standards specifications of the Trusted Computing Group, to a Seagate-trusted disc drive. This demonstration solution is designed to provide stronger data protection, enhancing regulatory compliance (SOX, HIPAA), along with greater storage capacity for the user's sensitive data. This demonstration includes both physical drive security, as well as user authentication for accessing the information. Wave System's EMBASSY® Trust Suite applications and trusted computing management tools are used to demonstrate both the TPM and the security features of the Seagate disk drives at Booth 741 at IDF.
Seagate and Wave are working together to explore market opportunities, technical requirements, and enterprise benefits which can be achieved by extending the trust capabilities of TPMs and disk drives. <<< http://www.wave.com/news/press_archive/05/050301_Seagate.html