London, U.K.
October 3, 2011

Wave Systems Corp. (NASDAQ:WAVX www.wave.com) will play host to leading authorities on data protection at the Trusted Computing Seminar on 20th October in London. The event, to be held at the Royal Aeronautical Society, is focused on Chief Information Officers, Heads of IT Security and Risk Managers, and will feature government advisors and some of the world's foremost experts on information security. The discussion will focus on current and future practices and policy, and the emerging role of hardware security built on open standards set forth by the Trusted Computing Group (TCG).

Joseph Souren, Vice President and General Manager, Wave Systems EMEA, will lead the day-long seminar, introducing a highly accomplished panel of experts that includes David Smith, the Deputy Commissioner and Director of Data Protection of the Information Commissioner's Office; Ian White, the Deputy Technical Director of CESG; Owen Pengelly, Deputy Director (Policy) of the Office for Cyber Security & Information Assurance, Cabinet Office; Steven Sprague, CEO of Wave Systems; David Lacey, Director of Research of the ISSA-UK; Boudewijn Kiljan, Solution Architect Global IT, PricewaterhouseCoopers; Stuart Aston, the Chief Security Advisor of Microsoft UK; Robert Thibadeau, the Chief Scientist of Wave Systems, and inventor of SEDs, and James Stevenson, EMEA technical Lead from Netwitness.

Open to senior IT professionals, the seminar comes at a time when hacking and data loss stories continue to make the headlines, and as governments and enterprises are realising the need to re-examine their data security protocols.

Agenda highlights include:

  • An overview of data protection regulations from the Information Commissioner's Office, and the role that managed hardware encryption plays in achieving compliance.
  • An update from the National Security Agency (NSA) 2nd Annual Trusted Computing Conference held last month, with Mr. Sprague discussing techniques and technologies to enhance security and the end user experience. He will also provide details on a new approach to detect the presence of Advanced Persistent Threats using open standards hardware. APTs can elude conventional anti-virus software on the market.
  • The best practices from CESG, the UK's Communications Electronics Security Group, for using trusted computing to secure the corporate infrastructure. CESG is the UK Government's technical authority on Information Assurance.
  • How PwC (PricewaterhouseCoopers), one of the world's leading accounting and tax advisory services, utilized industry standard embedded security (the Trusted Platform Module) for authentication, realizing greater security and a lower total cost of ownership.
  • Microsoft UK's Stuart Aston, Chief Security Advisor, will share the software firm's views on trusted computing and provides a glimpse into how Windows 8 leverages the TPM.
  • A roundtable discussion that addresses the future of trusted computing for mobile devices.

"This year we've assembled a group of government officials, leading security experts and representatives from global brands to explore how trusted computing can address some of the most pressing security issues of the day," Mr. Souren said. "We're experiencing a growth in support from across industry and government, from Microsoft's recent discussion on the expanded use of TPM in Windows 8 to CESG's endorsement of trusted computing and the benefits it can bring for securing networks and locking down data. Attendees are going to gain the practical knowledge to incorporate the latest advancements in hardware security for their own organizations."

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