Lee, MA
March 3, 2011

Wave Systems Corp. (NASDAQ:WAVX www.wave.com) announced today that Gerard Feeney, Chief Financial Officer, and Brian Berger, Executive Vice President, Marketing and Sales, will present at the 23rd Annual ROTH OC Growth Conference on March 16, at the Ritz Carlton in Laguna Niguel, CA. The annual three-day conference brings together over 400 small- and mid-cap growth companies across sectors including software and technology.

About ROTH Capital Partners
Founded in 1984, ROTH Capital Partners isan innovative, full service investment banking firm dedicated to the small-cap public market. ROTH's goal has always been to service the needs of small-cap public companies better than anyone else. To this end, ROTH's exclusive focus is to offer its clients a full spectrum of investment banking services, including capital raising, research coverage, trading and market making, merger and acquisition advisory services, and investor conferences.

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