Wave Senior Management to Present at 4th Annual America’s Growth Capital Information Security Conference Monday, April 7th at 8:30 a.m. PDT

Conference Co-Hosted by Soleil Securities; Wave’s Presentation will be Webcast Live

San Francisco, CA — March 25, 2008 — Wave Systems Corp. (NASDAQ: WAVX), a developer of trusted computing solutions and services, announced today that Brian Berger, Wave EVP, marketing and sales, will provide an investment community overview of Wave Systems products and strategy at the fourth annual America’s Growth Capital Information Security Conference on Monday, April 7th from 8:30 a.m. to 9:00 a.m. PDT. Gerard Feeney, Wave’s CFO and Lark Allen, Wave’s EVP, business development, will be available for one-on-one meetings following the presentation. The conference is being presented in cooperation with Soleil Securities Group and will be held at the Hilton San Francisco hotel.

Live Webcast:
A live audio webcast of Wave’s presentation will be available to all investors on Wave’s website at http://www.wave.com or via  http://www.wsw.com/webcast/agc7/wavx/

About America’s Growth Capital:
America’s Growth Capital is a national, emerging growth-focused research, trading and investment banking partnership founded by seasoned growth sector specialists. For more information visit www.americasgc.com

About Soleil Securities Group:
Soleil Securities Corporation, a member of NASD and SIPC and a wholly-owned subsidiary of Soleil Securities Group, Inc., is a new model for delivering both traditional and alternative research from an extensive network of independent providers. For more information visit www.soleilgroup.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.

For more information please contact:

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