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Lee, MA
November 18, 2013

Wave Systems Corp. (NASDAQ:WAVX) will demonstrate its comprehensive solution for activating and managing virtual smart cards for Windows 7, 8 and 8.1 at the Gartner Identity & Access Management Summit 2013, taking place this week at the J.W. Marriott in Los Angeles.

Virtual smart cards emulate the functionality of traditional smart cards but do not require the use of a separate physical card or a reader as they use the Trusted Platform Module (TPM) chip on the PC. Wave  introduced its virtual smart card feature for Windows 7 last year.

“The Gartner Identity and Access Management Summit is the ideal forum for us to show IT decision-makers how virtual smart cards can provide an added layer of security for both local and remote access of the endpoint,” said Wave CEO Bill Solms. “Virtual smart cards let organizations integrate device identity management on top of an existing user identity management program, creating a layered approach to security that is much more effective.”

Physical smart cards and virtual smart cards offer comparable levels of security, yet virtual smart cards deployed by Wave require no additional material acquisition costs and are less expensive to provision and manage. Enterprises enjoy lower total cost of ownership and save by eliminating hardware token deployment.

The Wave team will demonstrate use of a virtual smart card for endpoint, local and remote access.

The Gartner Identity & Access Management Summit is the premier gathering for IT professionals responsible for IAM programs, with more than 50 analyst-led sessions. Attendees include CISO, CSO, CIOs, IT directors, network security managers and directors.

For more information please contact:

Wave Contact:
Michael Wheeler
Wave Systems Corp.
413-243-7026
mwheeler@wave.com

Investor Relations:
David Collins, Eric Lentini
Catalyst Global LLC
212-924-9800 office / 917-734-0339 mobile
wavx@catalyst-ir.com