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Technology Stocks : WAVX Anyone?

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From: waverider111/20/2006 9:14:11 AM
   of 11417
 
Wave Systems Certifies EMBASSY(R) Trust Suite for
HP Business Computers

Secure Trusted Computing Applications for Business Users to
Leverage Embedded TPM Security Chips

LEE, Mass.--Nov. 20, 2006--Wave Systems Corp. (NASDAQ: WAVX) today
announced that its EMBASSY(R) Trust Suite (ETS) client software family
has been thoroughly tested and certified for use on HP business
desktop and notebook PCs with a hardware security chip called a
Trusted Platform Module (TPM) that integrates the core elements of
trust into the subsystem. The ETS products are available for purchase
immediately direct at wave.com and more
information may be found on the HP Independent Software Vendor web
site at:
h20331.www2.hp.com.

A TPM is a unique standards-based hardware security chip that
handles various advanced security tasks on a computer; the chip is
embedded into a wide array of HP business notebooks and select
business desktops. When combined with Wave Systems' EMBASSY Trust
Suite software, a TPM performs a variety of business security
features, such as security policy management, data protection,
password management and strong pre-boot authentication. The TPM/ETS
solution substantially improves protection against: password, data and
personal information theft and provides enhanced application security,
strong wireless authentication, secure email and more - all while
increasing productivity.

"We're pleased to extend our relationship with HP, collaborating
to enable Wave Systems' turnkey software to leverage HP embedded
security solutions," said Steven Sprague, Wave's president and CEO.
"Wave's software has undergone a rigorous testing process to validate
the advanced trusted computing security it provides to customers. We
believe these security solutions, which Wave has tested and certified
for use on HP business PCs, provide HP customers a heterogeneous,
interoperable security solution that can immediately benefit the
security of any business."

Wave's EMBASSY Trust Suite, Business Edition, developed
specifically around the new Trusted Computing Group (TCG)
specification, delivers an easy-to-use launch pad for secure access to
your applications from a central location. Wave's Document Manager
Vault application offers a user-controlled vault for storage of
private data, such as encrypted files and folders on personal
computers. Document Manager Vault offers the choice of a simple
drag-and-drop mechanism, as well as a set of integrated plug-ins for
popular office tools to encrypt and decrypt any type of file on a
local PC. Wave's SmartSignature(R) capability electronically signs and
stores documents, contracts and supporting files.

Trusted Computing Solutions for the Enterprise

In addition to the EMBASSY Trust Suite, Wave also offers four
enterprise solutions which deliver improved trusted computing features
for government and enterprise markets. Wave's EMBASSY(R) Key
Management Server (EKMS) and EMBASSY(R) Authentication Server (EAS)
provide trusted computing solutions for network policy management,
data protection and strong authentication using biometrics, smart
cards and TPMs.

Wave's EMBASSY(R) Network Access Control (ENAC) leverages existing
network infrastructure and open industry standards for IT control over
PC client access to the network, locking down the network from
unauthorized access to thwart many common and damaging network
attacks. EMBASSY(R) Endpoint Enforcer (EEE) is Wave's open,
standards-based network security solution designed to work with any
network access control solution. It captures, reports and validates
platform integrity metrics on PCs equipped with TPM security chips and
enables third-party applications and services to make informed network
access decisions.

About Wave Systems Corp.

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
wave.com.
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