Wave Systems to Showcase Security Thought Leadership at RSA Conference 2008

Executives to Address Enterprise Hardware-Based Security at Multiple Prominent Speaking Sessions

Lee, MA & San Francisco, CA — April 4, 2008 — Wave Systems Corp. (NASDAQ: WAVX; www.wave.com ) today announced that Steven Sprague, president and CEO, and Brian Berger, executive vice president, marketing and sales, and Trusted Computing Group marketing Co-chair and board member, will present at RSA Conference 2008, one of the security industry’s top annual events. The show takes place April 7-11, at the Moscone Center in San Francisco, Calif.

What:      TCG: The Trusted Platform: How To Enable, How To Use and How To Benefit
Who:       Brian Berger, executive vice president, marketing & sales, Wave Systems, and Trusted Computing Group marketing co-chair and board member
When:      Monday, April 07, 12:00 p.m.
Where:    Red Room 301; Moscone Center, San Francisco, Calif.

Presentation Details:
Hosted by Trusted Computing Group experts, this half-day workshop will teach attendees a number of skills related to enabling and managing trusted systems—those with Trusted Platform Modules—and their applications in the enterprise. The workshop will include hands-on demonstrations for setting up and managing Trusted Platform Modules. Attendees will also learn client/server management of trusted systems and how to set up authentication, secure e-mail, password management, and a secure wireless network with trusted devices. This workshop will also demonstrate how to protect data with widely available hardware and software tools, use network access control to identify who is on the network, protect against malware and more.

What:     Case Study: Papa Gino’s Secret Sauce: Next-Generation Hardware-Based Security
Who:      Steven Sprague, president and CEO, Wave Systems, and Chris Cahalin, manager of network operations, Papa Gino’s Inc. and D’Angelo Grilled Sandwiches          
When:     Friday, April 11, 2008, 9:00 a.m.
Where:   Red Room 306; Moscone Center, San Francisco, Calif.

Presentation Details:
This session takes an in-depth look at the security strategy of the popular New England restaurant chain, Papa Gino’s—pioneer of the Trusted Computing Group standards body’s security architecture for hardware-based protection of its business data. Attendees will learn how to deploy Trusted Platform Module hardware security to help guard against identity theft for employees and customers, and safely store sensitive data.

More information on RSA Conference 2008 is available online at http://www.rsaconference.com/2008/US/

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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