Wave Systems Announces Newest Version of Trusted Computing Software Optimized for the Next Generation of PC Security Chip Hardware
Lee, MA – April 26, 2005 — Wave Systems Corp. (NASDAQ:WAVX) today announced the availability of EMBASSY® Trust Suite (ETS) 4.3 security software, which is designed to support the next generation security chip hardware being released by the global silicon chip manufacturers for use in trusted personal computers. Wave's ETS 4.3 software is in evaluation with security chip vendors and PC original equipment manufacturers (OEMs) and commercial shipments are expected to be made in the early summer.
Demonstrations of EMBASSY Trust Suite capabilities are being held today and April 27 at the Microsoft Windows Hardware Engineering Conference, Booth 212, Washington State Convention and Trade Center, Seattle, Washington.
Wave's ETS software solutions are designed to be compliant with the Trusted Computing Group (TCG) specifications. The computer industry has shipped millions of PCs embedded with a TCG-standard chip, called the Trusted Platform Module (TPM) 1.1. Wave has designed its secure business productivity software to work with all commercially available TPMs, designed using the TCG specifications. The newest generation TPM 1.2 is expected to be available from the security chip vendors for PC OEMs beginning this summer. Wave's ETS 4.3 software is designed to work with these standard products.
“Wave believes the next stage of adoption of trusted computers will occur with the availability of TPM 1.2 security chips. These chips are being designed to take advantage of a more secure environment made available in future software operating systems,” said Steven Sprague, president and CEO, Wave Systems. “We have designed our software to work with the new security functionality of TPM 1.2, while also making it backwards compatible with the older version of the TPM in the market.”
“Wave will continue to design our ETS solution to be intuitive and easy to use, to offer trusted computing features such as strong authentication, data protection and VPN access based on stated customer requirements, and to be interoperable across all available TPM platforms,” Sprague said. “Wave believes its ETS software gives PC users the tools to help them combat computer related identity theft, data theft, fraud and other malicious attacks that are becoming common in business today.”
Wave's ETS secure software capabilities include:
- EMBASSY Security Center - for establishing security policy management to strengthen authentication to Microsoft Windows and other secure applications with multifactor authentication capabilities, including fingerprint biometrics.
- Private Information Manager - for storage and automation of user names, passwords and personal information in a secure environment, and now supporting personal notes and multiple identities per login for the same user.
- Key Transfer Manager - for backup and protection of the hardware encryption keys used for critical personal computer data and integrated with the ETS applications for enterprise needs.
- Secure Email - for understanding and configuration of TPM-based certificates for email encryption using Microsoft Outlook.
- Secure EFS - for configuration of TPM-based certificates in Microsoft's Encrypting File System (EFS) file and folder encryption.
- Secure Wireless Authentication - for understanding how to use TPM-based certificates for strong authentication to an 802.1x-compatible wireless access point.
Wave's ETS 4.3 evaluation kits are available today through Wave sales representatives in North American, Europe and Asia. Commercial availability is expected for early this summer.
More information about EMBASSY Trust Suite products is available through Wave Systems at www.wave.com.
About Wave Systems Corp.
Wave provides software to help solve critical enterprise PC security challenges such as strong authentication, data protection, network access control and the management of these enterprise functions. Wave is a pioneer in hardware-based PC security and a founding member of the Trusted Computing Group (TCG), a consortium of nearly 140 PC industry leaders that forged open standards for hardware security. Wave’s EMBASSY® line of client- and server-side software leverages and manages the security functions of the TCG’s industry standard hardware security chip, the Trusted Platform Module (TPM). TPMs are included on tens of millions of PCs and are standard equipment on many enterprise-class PCs shipping today. Using TPMs and Wave software, enterprises can substantially and cost-effectively strengthen their current security solutions. For more information about Wave and its solutions, visit http://www.wave.com.
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For more information please contact:
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Wave Investor Relations Contact
David Collins, Richard Land Jaffoni & Collins 212-835-8500 wavx@jcir.com |
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