Wave Systems Speaker to Describe Trusted Computing Solutions at RSA Conference 2005

Trusted Computing Solutions Are Easy To Implement In Today’s Networks and Address Common Problems, Including Hacker Attacks, Identity Theft, Data Security & Fraud

Lee, MA — February 14, 2005 — Wave Systems Corp. (NASDAQ:WAVX) today announced that George Kastrinakis, product management director, will present "Writing and Using Trusted Applications" during a seminar on "Putting Trust Into Computing: How and Why" at the RSA 2005 Conference at the Moscone Center, San Francisco, CA. Kastrinakis’ presentation, sponsored by the Trusted Computing Group (TCG), will be on Feb. 14 at 10:25 a.m. in the Esplanage Room 302 in the South Hall.

Kastrinakis’ presentation will show how to implement support for new industry standard hardware security now shipping in many commercial PCs in enterprise and government IT networks. The TCG security chip can be integrated into industry standard, Microsoft-compatible trusted computing solutions while taking advantage of the existing infrastructure.

"In many enterprise and government computer networks today, the infrastructure is already in place to take advantage of trusted computing solutions that are designed to mitigate many of the worst security issues plaguing IT managers," Kastrinakis said. "Trusted computing is based on a hardware security chip built into personal computers, and the tools exist today for trusted computers to dramatically increase the level of protection for computer networks. IT managers may be surprised how quickly solutions, such as strong authentication using fingerprint technology, for example, can be integrated into standard solutions, such as VPNs."

Easy to enable and easy to manage trusted computing solutions, including stronger network authentication, data protection, strong authentication to VPNs, password protection, secure information distribution and secure email, are available from several trusted computing vendors today, including Wave.

Wave’s EMBASSY® Trust Suite software solutions are designed to be compliant with the TCG. The computer industry has shipped millions of PCs embedded with a TCG-standard chip, called the Trusted Platform Module (TPM). Wave has designed its secure business productivity software to work with all TCG-compliant TPMs commercially available.

More information about EMBASSY Trust Suite products is available through Wave Systems at www.wave.com.

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About Wave Systems Corp.

Wave is a pioneer in hardware-based PC security that 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 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® 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) as well as hard drives that comply with TCG’s “Opal” self-encrypting drive (SED) standard.  Self-encrypting drives are a growing segment of the data protection market, offering increased security and better performance than most existing software-based encryption solutions.  TPMs are standard equipment on many enterprise-class PCs shipping today and have shipped on an estimated 300 million PCs worldwide.  Using TPMs and/or SEDs and Wave software, enterprises can substantially and cost-effectively strengthen their current security solutions.  Visit http://www.wave.com for more information.

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For more information please contact:

Wave Media Contact:
Michael Wheeler
Wave Systems Corp.
413-243-7029
mwheeler@wave.com
Wave Investor Relations Contact
David Collins, Richard Land
Catalyst Global LLC
212-924-9800
wavx@catalyst-ir.com

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