Lee, MA
June 8, 2011

Wave Systems Corp. (NASDAQ:WAVX www.wave.com) announced today that President and CEO Steven Sprague will speak at the General Dynamics C4 Systems-sponsored Information Assurance User Conference and Training held in Las Vegas, Nevada on June 8 and 9, 2011. Sprague will discuss trusted computing technologies and device authentication in a presentation titled "The Role of Trusted Computing in Protecting the End Point," on Thursday, June 9, 2011.

As government entities worldwide are faced with the challenge of securing mobile access and mission-critical data, they continue to work towards the next generation of secure computing platforms. The Trusted Platform Module (TPM) security chip, built into nearly 500 million business-class PCs worldwide, provides hardware device authentication that allows organizations to ensure only known users and devices are accessing the network.

"The recent attacks and disruptions in remote access have highlighted the need for an additional layer of security to ensure networks and data are secure," commented Sprague, discussing the increasing relevance of the TPM chip and trusted computing standards. "TPMs can provide this assurance."
                                                                                                                                 
The annual User Conference and Training event is a technical forum for attendees to learn more about information assurance technologies, standards, products and system solutions.

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