U.S. Department of Defense Cyber Crime Conference to Feature Wave CEO Speaking on Role of Industry Standard for Device Authentication

Lee, MA — January 25, 2012 Wave Systems Corp. (NASDAQ:WAVX www.wave.com) today announced that CEO Steven Sprague will speak at the U.S. Department of Defense Cyber Crime Conference 2012 held at the Hyatt Regency Hotel in Atlanta, GA on Thursday, January 26th. The conference focuses on all types of computer-based crime and incident response including intrusion investigations, cyber crime law, digital forensics, information assurance, as well as the research, development, testing and evaluation of digital forensic tools.
Sprague will reveal how enterprises can enable embedded security on their business PCs to establish a second authentication factor for network access. He’ll cover the widely publicized breach at Lockheed Martin last spring, and the implications it had on newfound vulnerabilities of user authentication technologies, including one-time password tokens.
Sprague will address the need for device identification. By establishing the identity of the device in addition to the identity of the user, two completely independent and parallel authentication systems can work in tandem to safeguard the corporate network from unauthorized access.

WHAT:

Presentation titled "A Token Defense: Effects of the RSA SecurID Breach"

WHO

Steven Sprague, CEO, Wave Systems

WHERE:

 U.S. DoD Cyber Crime Conference, Atlanta, GA (International Ballroom North)

WHEN

Thursday, January 26 at 1:30 PM EST 


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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

For more information please contact:

U.S. Press Contact:
Michael Wheeler
Wave Systems Corp.
413-243-7026
mwheeler@wave.com

Investor Relations:
David Collins, Eric Lentini
Catalyst Global LLC
212-924-9800
wavx@catalyst-ir.com