Wave Publishes Second Installment of Trusted Computing Video Podcast Series; Topics Include Enterprise Management and Government Adoption

Lee, MA and Orlando, FL (NSA Trusted Computing Conference & Expo, Booth #205) — September 15, 2010 — Wave Systems Corp. (NASDAQ:WAVX www.wave.com) today announced a second installment of educational video podcasts on Trusted Computing is now available. This four-part series picks up where the first three videos left off, with two podcasts offering practical information about enterprise deployments and a third detailing government’s role as pioneer, advocate and first-mover in Trusted Computing. The future of hardware security is explored in a podcast examining Trusted Computing’s potential for transforming cyber security.
PODCAST 4:  In "Trusted Computing: Considerations for Deploying in the Enterprise," Wave Systems’ President and CEO Steven Sprague argues that, for as powerful as Trusted Computing security is, to extract its true value, IT must have and use the right management tools. By turning on and managing the Trusted Platform Modules (TPM) on employee PCs, IT can add greater security to organizations’ virtual private networks. With self-encrypting drives (SEDs), management software is needed to configure each drive, set security policies and perform event logging to prove encryption was turned on, should a laptop become lost or stolen.

PODCAST 5: In "Trusted Computing: Deploying in a Mixed Environment," Mr. Sprague addresses a common question: "How should we proceed when Trusted Computing security isn’t on every PC in our enterprise?" Keys and certificates should be stored in TPMs wherever possible and selecting an SED should become standard practice for all new PC purchases. In the meantime, IT should evaluate the best transitional approaches, including deployment of Microsoft BitLocker to encrypt data.

PODCAST 6:  There is a long history of the government becoming a first adopter and advocate for technology that serves the greater public good. Look no farther than the development of the Internet as proof. In "Trusted Computing: Government Adoption," Mr. Sprague illustrates how the government is again playing a leadership role, as evidenced by the Department of Defense mandate to include TPMs on all new laptops.

PODCAST 7:  In the series finale, "Trusted Computing: What the Future Looks Like," Mr. Sprague cites precedents of how the industry’s decision to embed technology transformed the way we compute. Ethernet transformed networking; USB forever changed the perception of peripherals. The infrastructure is in place for the TPM to act as the subscriber management system for all Cloud and Web-based services.

NSA Trusted Computing Conference & Expo Under Way
This week, Trusted Computing is in the headlines with the National Security Agency’s (NSA) Trusted Computing Conference and Exposition (Orlando, September 14-16). The event aims to educate government and industry alike on how to protect data, systems and networks by leveraging embedded hardware security built on open industry standards. Wave Systems and its partners are participating in speaking presentations and demonstrations, to show the latest advancements and real-world use of trusted computing technologies in action. Click here for full agenda.

Yesterday, Wave partner Seagate Technology announced its self-encrypting laptop hard drive had earned the FIPS 140-2 certification from the U.S. National Institute of Standards and Technology (NIST). Wave EMBASSY Remote Administration Server (ERAS) fully supports the new Seagate FIPS 140-2 certified SEDs. ERAS provides IT and security administrators with simplified deployment and remote management for government and enterprise installations of SEDs, including support for legacy software-based encryption. Customers can also manage TPM security chips with ERAS, offering a comprehensive management suite for Trusted Computing hardware security deployments.

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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