Wave Systems Selected as a FiRe 2011 FiReStarter Company

Strategic News Service is proud to announce that Wave Systems has been selected as a 2011 FiReStarter company, to be featured at its annual Future in Review (FiRe) technology conference. FiReStarter companies are selected based on their potential to bring positive change to the world, and are showcased before, after and during the conference, both onstage and at an exclusive investor reception.

Wave Systems Corp. (NASDAQ: WAVX) reduces the complexity, cost and uncertainly 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. For 20 years, Wave has been the 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.

Conventional security based on software alone fails to authenticate users and machines on the network or fully secure data on lost or stolen laptops. Yet there is a powerful infrastructure in place today that can address these issues and safeguard against the most pernicious cyber threats. That security model focuses on device identity and it’s been successfully deployed by the cable and cellular phone industries for more than a decade.

“Imagine doing away with multiple user names and passwords and simply logging into your device. Then your device securely and seamlessly logs you into your applications and services on the network or in the cloud,” commented Steven Sprague, President & CEO of Wave Systems. “Those capabilities exist today because of hardware security pre-installed on PCs and computing platforms; the challenge is letting the world know about the industry’s collaboration to create these standards. It’s no longer a technical challenge, but it’s one of awareness of the hardware security embedded in our computing devices — it’s already there and it’s easy to turn it on.”

Future in Review is an annual gathering of world-class thought leaders in technology and economics. FiRe attendees convene each year with the goal of solving major world problems; a goal that is consistently met through FiRe’s collaboration across disparate industries and the intellectual and strategic guidance of FiRe Chair and SNS CEO, Mark Anderson. Now in its ninth year, Future in Review 2011 will take place May 24-27th at the beautiful Montage Resort in Laguna Beach, California. The Economist has called FiRe “the best technology conference in the world.

“At a time when Economic Cyberwar is taking center stage as both a security and global economic issue, Wave Systems’ ability to secure down to the device is an important part of the armaments list each vendor should have,” said Anderson, FiRe Chair and SNS CEO. “We grew to understand the impact that Wave’s solutions are having for real users in the market when Steven Sprague joined us last fall for our FiReGlobal West Coast event. With hardware-based security built into more than 500 million computing devices, we’re excited to have Wave Systems as a 2011 FiReStarter company, to demonstrate how we can strengthen and simplify security in a world of fast-changing threats and vulnerabilities.”

To register, and to see the draft agenda, go to www.futureinreview.com.