Wave to Demonstrate Endpoint Integrity Software Integrated with Microsoft Network Access Protection

Demonstrations at Interop show how Wave Software uses Trusted Platform Module-based IPSec with Network Access Protection and Reports on the Integrity of the Network Access Protection Components

Lee, MA and Las Vegas (Interop Las Vegas Booth #1548) — May 14, 2007 — Wave Systems Corp. (NASDAQ: WAVX; www.wave.com) will demonstrate how its EMBASSY® software integrates seamlessly with Microsoft’s Network Access Protection to offer hardware-based security designed to prevent "lying endpoint" attacks aimed at spoofing PC health.

Network access control systems involve enforcing security policy and restricting prohibited platform configurations on the network; identifying and containing platforms that are noncompliant with policy; and stopping malware and rootkits before they touch the network. Security researchers have recently discovered vulnerabilities when network access control systems aren’t protected by hardware, leaving many enterprises vulnerable to attack.

One way to mitigate the problem of "lying endpoints" is to add a layer of hardware and software protection. Wave’s EMBASSY software leverages industry standard hardware security chips called Trusted Platform Modules (TPMs), now shipping on most business-class laptops and PCs today. The EMBASSY client and server applications capture, report and validate platform integrity, along with validating the integrity of the network access control system.

"Bringing the benefits of TPM integration together with Network Access Protection will help enterprise customers by enhancing the reliability of system health checks for network endpoints," said Mike Schutz, Director of Product Management – Security and Access, Microsoft Corp. "Microsoft is pleased to be working with Wave Systems to help our customers’ infrastructure be more secure."

"Wave is pleased to have worked with the Microsoft NAP team to closely integrate our Trusted Platform Module-based software solutions with Vista and the NAP server," said Brian Berger, executive vice president of marketing and sales at Wave Systems. "With the availability of TPMs in millions of business PCs, these software solutions can be broadly leveraged by the enterprise to enhance security."

See the Demonstration This Week at Interop
This week at the Interop Las Vegas Conference, Wave is showing TPM-based platform integrity with its EMBASSY software in Microsoft’s Network Access Protection pavilion at booth (#1548).  Representatives from Wave will demonstrate the use of a TPM to provide strong platform identity to the Microsoft Network Access Protection server. In addition, the EMBASSY software will securely measure, report on and validate the health of the Network Access Protection components and the state of the platform. This compliance data is used by Network Access Protection in making the access control decision.

Wave Systems also offers the EMBASSY® Trust Suite, the EMBASSY® Key Management Server, the EMBASSY® Authentication Server and the EMBASSY® Remote Administration Server which are designed to deliver improved trusted computing features for enterprise and government markets. These features include network policy management, remote administration, data protection, and strong authentication using biometrics, smart cards and TPMs.  

For more information about Wave’s products and services, please visit 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:

Company:
Wave Systems Corp.
Michael Wheeler
413-243-7026
mwheeler@wave.com
Wave Media Contact:
Schwartz Communications
Michael Schultz / Tiffany Archambault
781-684-0770
wave@schwartz-pr.com
Wave Investor Relations Contact
David Collins, Ratula Roy
Catalyst Global LLC
212-924-9800
wavx@catalyst-ir.com

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