Lee, MA
October 1, 2012

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.

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