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EMBASSY-R- Trust Suite 4.3 Software Now Available with New Intel Desktop Motherboards
[May 26, 2005]

EMBASSY-R- Trust Suite 4.3 Software Now Available with New Intel Desktop Motherboards

LEE, Mass. --(Business Wire)-- May 26, 2005 -- Wave Systems Corp. (NASDAQ: WAVX, announced today that the next version of Wave's trusted applications and services software security suite, EMBASSY(R) Trust Suite 4.3, is shipping with the new Intel(R) 945 Express Chipset-based Intel Desktop Boards D945GNTLKR, D945GTPLKR and D945GCZLKR for trusted personal computers.

EMBASSY(R) Trust Suite (ETS) 4.3 software is designed to support the next generation security chip hardware, called Trusted Platform Module (TPM) 1.2, integrated into the Intel desktop boards, and can be used in a wide variety of customer applications.

"As a global leader securing self-service terminals and ATM networks, Diebold's partnership with trusted computing technology is a natural progression," said Ken Justice, Diebold's vice president of product marketing and management. "We are working closely with Intel and Wave to deploy the first automated teller platform utilizing the TPM and Trusted Computing Group (TCG) specification. This approach merges hardware and software technology and truly delivers on the realization of trusted, secure computing."

Wave's ETS software is designed to be compliant with TCG specifications and work with all commercially available TPMs. The computer industry has shipped millions of PCs embedded with the TCG-standard TPM 1.1 chip and now shipping is the newly introduced 1.2 TPM chip from STMicroelectronics that is integrated into the Intel desktop boards.

"ST is very pleased to be part of these initial TPM 1.2 platform offerings," said Mike Yousef, vice president of ST's Computer and Peripherals business unit. "Our system level understanding of computer and peripheral platforms, particularly in the area of security, is a natural fit for the development of trusted computing products. The Wave ETS software suite pulls it all together in a simple to use application that will delight business users."

"Wave has made available TCG-compliant software targeting business users of next generation PCs," said Brian Berger, executive vice president, marketing and sales, Wave Systems, "and we are pleased to have our 3rd generation products being bundled with desktop boards based on the Intel(R) 945 Express chipset family and shipping into the market."

This agreement does not provide for any minimum or maximum guaranteed shipped quantities.

For more information about Wave's trusted applications and services, please go to: For more information about the new Intel desktop boards visit:

Wave is a member of TCG, an industry organization dedicated to embedding trust and security more broadly into computing platforms and devices. More information about the TCG is available at More information on Wave's ETS software is available at

About Wave Systems

Consumers and businesses are demanding a computing environment that is more trusted, private, safe and secure. Wave is a 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

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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