eSignSystems to Present on eSignature Adoption at GTS 2011 Mortgage Industry Conference

EVP Kelly Purcell to Share How Electronic Mortgages Simplify and Speed Mortgage Processing and Closing

Lee, MA — May 12, 2011 eSignSystems, a division of Wave Systems Corp. (NASDAQ: WAVX), has announced that Executive Vice President Kelly Purcell will open the Global Technology Summit 2011 on May 16 with a presentation addressing the efficiency of electronic signatures in the mortgage industry, from appraisals to loan closings. Two customers will also join Purcell at the show to share their first-hand eMortgage experiences during the conference’s educational sessions and seminars.

Electronic mortgages simplify and speed the mortgage process. All required paperwork is originated in electronic form, and is transferred along with any change of loan ownership. Quality and compliance are improved because the original data from the loan application and disclosure is reconciled with the loan closing documents. eMortgages offer the added benefit of giving all secondary market participants, from the buyer, sellers and servicers, real-time access to all loan data.

“The industry transition to eMortgages continues to gain momentum, as mortgage lenders set aside the paper-intensive work processes that led to inefficiencies and far too many cases of lost paperwork when mortgages were bought and sold,” said Kelly Purcell, EVP of eSignSystems. “Electronic mortgages speed those formerly slow and cumbersome processes to mitigate risk and improve regulatory compliance, while saving money at the same time.”

eSignSystems is a leading provider of lifecycle management tools for eMortgage processing and other legally binding electronic transactions that provides full integration with MERS eRegistry and ensures documents remain free from tampering. The SmartSAFE Bundle (eVault) from eSignSystems is a customized solution for creating, signing, storing, accessing and managing the lifecycle of electronic mortgage documents.

Presentation Showcases Electronic Signing & Lifecycle Management of eMortgages:

The Global Tech Summit 2011 will be held at the Hard Rock Casino in Las Vegas next week. Kelly Purcell will kick off the mortgage industry conference with its first presentation, “ Rock your World with eSignatures, ” at 9:30 am on May 16 th . Discover how electronic signatures shorten document cycle times, increase customer conversion rates and improve operational efficiencies. Two eSignSystems customers will also take part in the conference educational sessions and seminars, sharing presentations on eWarehouse Lending, and Paperless Solutions.

Attend the presentations, or stop by to further discuss eSignatures and eVault solutions with eSignSystems at the Company’s hosted breakfast and lunch tables. For more on the GTS, hosted by Global DMS, please visit: http://globaldms.com/gts2011/

Purcell will also attend the MERS 2011 User Conference, (at the Hyatt Regency, Reston, VA: June 21st), where eSignSolutions customers will participate in a panel presentation, explaining the real-world benefits achieved from integrating eSignSystems’ mortgage lifecycle management technology into their mortgage processes. For more information on the MERS 2011 User Conference, please visit: http://www.mersinc.org/events/details.aspx?eid=279

To arrange a private demonstration or meeting with eSignSystems at GTS 2011 or MERS 2011, please call/email David Hunter ( dhunter@esignsystems.com 609-815-4134). To reach Kelly Purcell on-site at either show, please contact kpurcell@esignsystems.com 602-615-8092.

About eSignSystems™ – eSignSystems, a division of Wave Systems Corp. (NASDAQ:WAVX), is a leading provider of lifecycle management of electronic legally binding signed documents, contracts and digital transactions. SmartSAFE Bundle enables companies to manage business processes and transactions entirely online. Organizations can address certain regulatory compliance issues, improve productivity and efficiency in processing transactions, and achieve significant cost savings through the elimination of document transportation costs, processing and storage. For more information, visit www.esignsystems.com .

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About Wave Systems Corp.

Wave Systems Corp. (NASDAQ: WAVX) reduces the complexity, cost and uncertainty of data protection by starting inside the device.  Unlike other vendors who try to secure information by adding layers of software for security, Wave leverages the hardware security capabilities built directly into endpoint computing platforms themselves.  Wave has been among the foremost experts on this growing trend, leading the way with first-to-market solutions and helping shape standards through its work as a board member for the Trusted Computing Group. 

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Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such factors include general economic and business conditions, the ability to fund operations, the ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control.  Wave Systems assumes no obligation to publicly update or revise any forward-looking statements.

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For more information please contact:

Company:
Kelly Purcell
eSignSystems
101 Morgan Lane
Plainsboro, N.J. 08536
602-840-1199
602-615-8092
kpurcell@esignsystems.com