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Wave Systems to Feature Trusted Computing Solutions at 2004 PKI/PKE Forum Focused on Identity Management
LEE, Mass. --(Business Wire)-- June 9, 2004 -- Wave Systems Corp. (NASDAQ:WAVX) today announced its EMBASSY(R) Trust Suite software will be demonstrated June 14-17 at the 2004 PKI/PKE Forum at the Fairmont New Orleans, booth 11.
Forum attendees will include many varied government communities of interest: policy makers, technical and labs communities and Department of Defense communities interested in biometrics, the CAC program and PKI.
"Wave believes Trusted Computing offers the government very secure, easy to use, commercial off-the-shelf solutions for protecting computer data," said Brian Berger, executive vice president, sales and marketing. "Wave's solutions are designed to be a simple and cost-effective way to protect critical data on government PCs and computers working with the government communities."
At the forum Wave will highlight its trusted computing solutions for the government, homeland security and national defense markets, including its EMBASSY Trust Suite software and its Key Transfer Manager. Wave's trusted computing solutions works with a Trusted Computing Group (TCG)-compliant Trusted Platform Module (TPM) - a chip embedded inside a PC. Millions of PCs have been shipped by the industry with TPMs installed. A TPM provides the resources used by Wave's EMBASSY software to implement secure functions within a PC.
With the TCG standard, user data is protected by encryption keys stored within the TPM. These keys are very secure and provide the ability for an end user to encrypt a file or folder or perform other secure tasks.
Wave's EMBASSY Trust Suite, developed to TCG specification and designed to be compatible with the Microsoft Office(R) environment, is designed to deliver a variety of PC-related security and productivity tasks, in an intuitive, easy-to-understand format. The hallmark of EMBASSY(R) Trust Suite solutions is usability - designed to be easy to enable, easy to use and easy to manage by IT administrators. Wave's Key Transfer Manager is designed to help backup and protect the hardware encryption keys.
EMBASSY Trust Suite also includes Document Manager Vault for securing files and folders, SmartSignature for digital signature capability for secure electronic contracts, and Private Information Manager for secure storage and management of user names, passwords and personal information. Private Information Manager is designed to intelligently retrieve data for use in web pages, logging into web sites, or for filling in forms.
More information about EMBASSY Trust Suite products is available through Wave Systems at www.wave.com/products/ets.html.
About Wave Systems
Consumers and businesses are demanding a computing environment that is more trusted, private, safe and secure. Wave is the leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms from a variety of vendors. Wave holds a portfolio of significant fundamental patents in security and e-commerce applications and employs some of the world's leading security systems architects and engineers. For more information about Wave, visit http://www.wave.com.
Safe Harbor for Forward-Looking Statements
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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