Lee, MA
September 25, 2013

Wave Systems Corp. (NASDAQ: WAVX), the Trusted Computing Company, announced today that it has been named a Visionary by Gartner Inc. in its September 2013 Magic Quadrant for Mobile Data Protection (MDP), published by John Girard and Eric Ouelett. Companies in the Magic Quadrant are positioned for completeness of vision and ability to execute.

“To once again be recognized in Gartner’s Magic Quadrant as a visionary is a huge honor,” said Steven Sprague, CEO for Wave. “We consider Gartner’s findings as highly credible proof that Wave has been able to and will continue to lead not only in the mobile data protection space, but also in other areas as customers look to protect their sensitive data. Wave-managed hardware encryption makes users’ devices ‘safe to lose’ since network administrators can access detailed event logs to prove sensitive data was protected should a device become lost or stolen.”

In the mobile data protection (MDP) market, Gartner tracks software security utilities that enforce confidentiality policies by encrypting data, and then managing access to that encrypted data on the primary and secondary storage systems of end-user devices. The market primarily serves laptops, although the technologies and use cases originated in the desktop workstation area. In the evaluations, Gartner assesses the inclusion of compatibility features such as support for the Trusted Platform Module (TPM), self-encrypting drives (SEDs) based on the Trusted Computing Group Opal standards and OS embedded encryption such as Windows BitLocker and Mac FileVault.

Unlike other ISVs, Wave’s leverages the security capabilities built directly into endpoint computing platforms themselves, instead of adding layers of software for security that can be more vulnerable to attack. Wave’s comprehensive portfolio of trusted computing solutions for managing data protection, authentication and malware detection enable enterprises and SMBs to:

  • Ensure their devices are safe to lose. Data is always protected with hardware-based encryption managed by Wave. Wave Cloud is the only Cloud service on the market for managing self-encrypting drives and Wave for BitLocker Management enables the fast deployment of BitLocker™, the native encryption feature from Microsoft.
  • Safely and securely encrypt files uploaded to cloud storage services like Dropbox™ or Microsoft SkyDrive™.
  • Eliminate passwords. Ensure seamless, second-factor authentication with Wave to enable virtual smartcards and to protect credentials while using Microsoft DirectAccess.
  • Ensure that only known devices are allowed on known networks. Establish persistent device identity that can’t be spoofed and gain increased visibility into endpoint health before the operating system loads with Wave Endpoint Monitor.

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