Wave Systems to Feature Trusted Computing Solutions at Department of D

    Business Editors
    Department of Defense Identity Protection and Management
    Conference

    LEE, Mass.--(BUSINESS WIRE)--April 15, 2005--Wave Systems Corp. (NASDAQ:WAVX) today announced its portfolio of trusted computer products will be demonstrated April 19-20 at the Department of Defense Identity Protection and Management Conference, Disney's Coronado Springs Resort, Orlando, FL.
    "Wave believes its portfolio of trusted computing solutions for personal computers and servers offers the government secure solutions for protecting data," said Steven Sprague, president and CEO, Wave Systems. "Trusted computing solutions are available today to address specific needs of those working on military and national security projects. For instance, industry standard trusted PCs and software are designed to enhance machine identity in computer networks, deliver secure remote access, encrypt files and documents and deliver network authentication of those seeking smart-card based building access."
    At the conference, Wave will highlight its trusted computing solutions for the government, homeland security and national defense markets, including its EMBASSY(R) Trust Suite software, and its Key Transfer Manager solutions. Sprague's presentation, "Trusted Computing Today in an Identity Protection and Management Domain," will outline security challenges and solutions. The presentation is on Wednesday, April 20, at 8 a.m.

    Wave solutions will be demonstrated at Wave's booth (#106).

    More information about Wave's trusted products and solutions is available at www.wave.com.

    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 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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CONTACT: For Wave Systems: Wave Systems John Callahan, 413-243-7029 jcallahan@wavesys.com or David Collins, 212-835-8500 wavx@jcir.com

KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: HARDWARE AEROSPACE/DEFENSE GOVERNMENT SOFTWARE NETWORKING TRADESHOW PRODUCT SOURCE: Wave Systems

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