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Tuesday, September 19, 2006
1:15 p.m. — 1:40 p.m. EST / 10:15 a.m. to 10:40 a.m. PM PCT

Wave to Present at Merriman Curhan Ford’s 3rd Annual Institutional Investor Summit on Tuesday, September 19th at 10:15 a.m. PDT

Lee, MA — September 7, 2006 — Wave Systems Corp. (NASDAQ: WAVX — announced today that its CEO, Steven Sprague, will present at the third-annual Merriman Curhan Ford & Co. Investor Summit on September 19, 2006 from 10:15 a.m. to 10:40 a.m. PDT (1:15 p.m. — 1:40 p.m. Eastern). Wave’s presentation will be in the George D. Smith room. This event will be held at the Mark Hopkins InterContinental Hotel in San Francisco. More information about the conference can be found at:

Live Webcast:
A live audio webcast of Wave’s presentation will be available to all investors on Wave’s website at or via

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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 for more information.

For more information please contact:

Gerard T. Feeney, CFO
Wave Systems Corp.
Wave Investor Relations Contact
David Collins, Ratula Roy
Catalyst Global LLC

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