Wave to Demonstrate Integration with Intel® vPro™ Technology for Fast and Easy Remote Management of Self-Encrypting Drives

Lee, MA &San Francisco, CA (Intel Developers Forum, Booths #326, #156, #158) — September 21, 2009 — Wave Systems Corp. (NASDAQ: WAVX; www.wave.com) announced today that it will demonstrate remote, out-of-band management of self-encrypting drives using its client and server software with Intel vPro technology—an advance that is designed to streamline the deployment and management of the new generation of self-encrypting hard drives. The solution is designed to allow a secure network unlock of the drives automatically by an administrator—regardless of whether the PC is powered on or not, and independent of the operating system.

Demonstrations ( in conjunction with both Dell and Lenovo) will take place at this week’s Intel Developers Forum, booth #326 in the Intel vPro Technology Community and booth #156 and #158 in the Intel Mobility Pavilion (September 22 and 23, in Moscone Center West, San Francisco).

Self-encrypting drives (SEDs) are a growing segment of the data protection market, offering increased security and better performance than existing software-based encryption solutions. With the publication of the Trusted Computing Group‘s Opal storage specification — a single framework for hardware-based encryption—all the major drive vendors have now introduced SEDs that are based on the functions defined in the standard. The deluge of new SEDs underscores the need for central remote management of the drives, from performing routine maintenance to issuing software updates and conducting security audits. That’s where Wave’s integration with Intel vPro technology can offer enterprises significant benefits.

Intel vPro technology refers to the built-in capabilities on select Intel processors that enable IT to "discover" and turn on PCs remotely. Wave’s solution enhances this capability by integrating support for Intel vPro technology into its software, thereby securing a remote conversation with a PC that has been powered off. This enables administrators to use Wave’s EMBASSY® Remote Administration Server to remotely unlock self-encrypting drives (SEDs) regardless of their power state, as well as performing other functions such as a cryptographic erase of the drive. Additionally, the solution:

"Wave Systems is pleased to be working with Intel to demonstrate a solution that can facilitate remote management of self-encrypting drives," said Steven Sprague, President and CEO of Wave Systems. "Intel vPro technology, combined with Wave’s client and server software, increases flexibility in deployment and facilitates secure updates in a pre-OS environment. It’s a simple, fast and more secure way to manage the security of self-encrypting drives over the network."

"Intel vPro technology was developed to address major barriers to IT efficiency: reducing the number of desk side visits and the internal resources needed for protecting client PCs on the network," said Tom Quillen, Director—Ecosystem Development, Intel Corporation. "We applaud Wave’s integration of the built-in capabilities of Intel vPro technology into its client and server software. The combined Intel/Wave solution marks an important advance in enabling organizations to roll out hardware-based encryption solutions, as well as simplifying ongoing maintenance and management."

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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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Michael Wheeler