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Monday, July 30, 2007
2:30 PM EST / 11:30 AM PST

Wave to Present at Security Research Associates’ 3rd Annual Summer Growth Stock Conference, Monday, July 30th at 11:30 a.m. PDT

Lee, MA & San Francisco, CA — July 23, 2007 — Wave Systems Corp. (NASDAQ: WAVX), announced today that Wave CEO, Steven Sprague, will present at Security Research Associates’ 3rd Annual Summer Growth Stock Conference. The conference, for institutional investor clients, will be held on Monday, July 30th at the Omni Hotel in San Francisco. Wave’s presentation is scheduled for 11:30 a.m. PDT in the Nob Hill presentation room.

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

About Security Research Associates

Security Research Associates (SRA) was founded in San Francisco in 1980 and today offers both investment banking and institutional brokerage services. A boutique firm by design, SRA works with a select group of portfolio managers from around the country and focuses on technology and life science companies in the micro and small cap arenas. For more information, visit or call 415-925-0346.

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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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