Wave Systems and Intel Showcase Trusted Computing Solutions at the Intel Solution Summit 2006

Lee, MA — April 4, 2006 — Wave Systems Corp. (NASDAQ:WAVX www.wave.com), a developer of trusted computing solutions and services, announced today that the company is participating this week in the Intel Solution Summit 2006 in Rhodes, Greece. Wave Systems and Intel® will showcase Wave’s EMBASSY® Trust Suite (ETS) client software and server infrastructure, demonstrating how ETS empowers users to unlock the advanced security features of Intel Desktop Boards containing the Trusted Platform Module (TPM) security chip. Wave will show how customers can leverage these built-in features to take advantage of the latest in security, combined with productivity features, when protecting documents, security passwords, generating digital certificates, encrypting email, logging on to Windows, managing security preferences and more.

Wave Systems’ EMBASSY trusted applications and services software security suite are bundled with Intel motherboards Grantsdale and Lakeport (Model numbers: D915GEV, and D915GUX desktop boards; D945GNT Executive Series, D945GTP Executive Series, and D945GCZ Executive Series motherboards). Wave’s ETS software is designed to support the next generation TPM security chip hardware integrated into the Intel desktop boards. The computer industry has shipped tens of millions of PCs embedded with the Trusted Computing Group-standard TPM trusted computing chips.

"We are proud to participate in the 2006 Intel Solution Summit and to showcase our EMBASSY trusted computing solutions. Wave Systems’ technology represents a key differentiating element for EMEA system builders, who can take advantage of Wave’s industry leadership and experience in trusted computing as well as our global partnership with Intel," said Bruno Leconte, Wave Systems Vice President, Europe, Middle East and Africa (EMEA). "Wave’s ETS is the only trusted computing software that offers true interoperability, working with every TPM chip on the market to ensure customers can truly benefit from a single, next-generation security architecture that extends trusted computing throughout the enterprise, as intended by the Trusted Computing Group’s open standard."

The Intel Solutions Summit, now in its eighth year in EMEA, takes place April 5-7 at the Sofitel Capsis Hotel and Convention Center, and is a high-level face-to-face gathering of Intel’s top channel members Intel executives and other industry leaders. The event is drawing 550 leading system builders from across EMEA, attending to form new business relationships and learn about the latest market trends, opportunities, and technologies to capture new business. The Summit also provides a preview of new solution strategies, product roadmaps and emerging technologies from Intel.

About Wave’s EMBASSY Trust Suite
Wave’s EMBASSY Trust Suite client and server technology is designed to deliver solutions compliant with the Trusted Computing Group specifications for trusted computing. TPMs serve as a platform for secure services and applications, and Wave has designed its secure business productivity software to work with all TCG-compliant TPMs commercially available.

Wave’s EMBASSY Trust Suite adds capabilities for security policy management, data protection, password management and strong pre-boot authentication. The benefits of these applications for reducing network security problems include mitigating password, data and personal information theft, application security, strong wireless authentication, secure email and more—all while increasing productivity. The entire solution is standards based, interoperable with known business applications and very easy to deploy and use in an enterprise environment.

The Intel Desktop Board features the EMBASSY Trust Suite in English, French, Italian, German, Spanish, Japanese, Simplified Chinese and Russian. More full-featured enterprise and power-user versions of Wave’s EMBASSY software, as well as EMBASSY Authentication Server (EAS) and EMBASSY Key Transfer Manager Server (EKMS) are also available as upgrade purchase options.

For more information on the software delivered with Intel Desktop Boards, visit Intel’s information page at http://www.intel.com/design/motherbd/software/ets/ or visit Wave Systems product page.


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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 Schultz/Katie Potter
Schwartz Communications, Inc.
Wave Investor Relations Contact
David Collins, Richard Land
Catalyst Global LLC

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