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Wave Joins Industry Thought Leaders on Mobile Security Panel at Interop NY


October 1, 2012 - Lee, MA

Wave Systems Corp. (NASDAQ: WAVX) announced today that Steven Sprague, CEO, will appear on a panel this Friday at Interop New York, held October 1-5 at the Javits Convention Center, New York, NY. The panel, titled "New Strategies for Mobile Security," brings together industry leaders to discuss the current state of mobile security and the challenges present.

WHAT: Interop New York panel, "New Strategies for Mobile Security"
WHEN: 9:00 - 10:00 a.m. ET Friday, October 5th, 2012
WHERE: 1E10 Jacob Javits Convention Center, 655 West 34th Street, New York

"One of the biggest challenges in IT security today is enterprise management of mobile endpoints," said Steven Sprague, CEO of Wave Systems. "One solution is the Trusted Platform Module (TPM), which is making an appearance on Windows 8 phones. This open-standard technology offers enormous potential for enhanced mobile security, as TPMs store tamper-resistant keys for device and user ID and device integrity, which are critical building blocks for establishing a secure execution environment in the enterprise."

A founding member of the Trusted Computing Group, Wave has contributed to trusted computing's evolution over the years, supporting its expansion into mobile by developing and demonstrating TPM Mobile solutions. The panel Mr. Sprague will speak on also features representatives from Samsung, Symantec, Fluke Networks, and ICSA Labs.

About Interop®
Interop ® delivers engaging experiences for IT professionals across the globe. Through in-depth education, community, news, real-world demonstrations and hands-on access to the latest technology, Interop serves as an unbiased source of learning and connection for IT pros, helping them drive business success and build for the future. The flagship event, Interop Las Vegas, is held each spring, with additional events in New York, Mumbai and Tokyo. Interop is a cornerstone in the UBM TechWeb family of global brands attracting tens of thousands of IT professionals each year. For more information visit, www.interop.com.

About Wave Systems
Wave Systems Corp. (NASDAQ: WAVX) reduces the complexity, cost and uncertainty of data protection by starting inside the device. Unlike other vendors who try to secure information by adding layers of software for security, Wave leverages the security capabilities built directly into endpoint computing platforms themselves. Wave has been a foremost expert on this growing trend, leading the way with first-to-market solutions and helping shape standards through its work as a board member for the Trusted Computing Group.

Safe Harbor for Forward-Looking Statements
This press release may contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Wave assumes no duty to and does not undertake to update forward-looking statements.

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Company:
Wave Systems Corp.
Michael Wheeler
413-243-7026
mwheeler@wavesys.com

Investor Relations:
David Collins, Eric Lentini
212-924-9800
wavx@catalyst-ir.com

MarketWire

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