WAVX - NEWS WITH DELL - LOTS OF MOVEMENT!
WAVX
Wave Systems Corp. NASDAQ-NM
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Wave Software to Enhance Security for New Dell Mobile Systems; Embassy Trust Suite for Dell Leverages Trusted Computing for Advanced Data Protection, Encryption and More
LEE, Mass.--(BUSINESS WIRE)--March 29, 2006--Wave Systems Corp. (NASDAQ: WAVX,
www.wave.com) announced today that a new version of its software is now shipping with new Dell Latitude notebooks and Dell Precision mobile workstations. Dell will include the Wave software as a standard offering on all Latitude D620 and D820 notebooks and Dell Precision M65 mobile workstations.
The computers contain a Trusted Platform Module (TPM), a unique standards-based hardware security chip that handles various security tasks on a computer. This hardware-based solution holds computer-generated keys for encryption, helping avoid attack by hackers looking to capture passwords or steal the encryption keys to access sensitive data stored on PCs. When combined with Wave Systems Embassy Trust Suite software, the TPM performs a variety of business security features, such as system authentication to help ensure only authorized computers can access the network and data.
Bundling Wave's Embassy Trust Suite adds capabilities for security policy management, data protection, password management and strong pre-boot authentication. The benefits of these applications for reducing network security problems include mitigating password, data and personal information theft, application security, strong wireless authentication, secure email and more--all while increasing productivity. The entire solution is standards based, interoperable with known business applications and very easy to deploy and use in an Enterprise Environment.
A more fully featured version of Wave's Embassy software, Embassy Trust Suite for Dell (ETS) 2.1, as well as Embassy Authentication Server (EAS) and Embassy Key Transfer Manager Server (EKMS) is also available as an upgrade purchase option.
"Dell has shown a real commitment to security and an understanding of how critical standards-based solutions are becoming in the business market," said Steven Sprague, CEO of Wave Systems. "Offering TPMs in all of Dell's professional computers will have a significant security impact, and bundling in Wave's Embassy Trust Suite software ensures Dell's customers have everything they need right out of the box to leverage the benefits of trusted computing as the industry's new standard for security architecture."
Wave's trusted computing software works with Trusted Computing Group (TCG) industry standard specifications and all TPMs that are currently commercially available. Wave's Embassy software applications are designed to simplify the management and support of the security capabilities of the TPM. The computer industry is now shipping version 1.2 TPM chips, having already shipped tens of millions of PCs embedded with TPM chips.
For more information about Wave's trusted applications and services, please go to:
http://www.wave.com/products/ets.html.
About Wave Systems
Wave Systems solves the most critical security problems for enterprises and government with software solutions that are trustworthy, reliable and easy to use. Wave's trusted computing software solutions include strong authentication, data protection, advanced password management and enterprise-wide trust management services. 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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SOURCE: Wave Systems Corp.