Lee, MA
February 27, 2012

Wave Systems Corp. (NASDAQ:WAVX www.wave.com) today announced that Steven Sprague, President and CEO, will present at the 24th Annual ROTH OC Growth Conference on Monday, March 12, 2012 at 1:00 p.m. PT at the Ritz Carlton in Dana Point, California in Salon 3 – Green Track. The annual three-day conference brings together over 400 small- and mid-cap growth companies across a variety of sectors including software and technology.

About ROTH Capital Partners
Founded in 1984, ROTH Capital Partners is an 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 Systems Corp.
Gerard T. Feeney, CFO


Investor Relations:
David Collins, Eric Lentini
Catalyst Global LLC
212-924-9800 office / 917-734-0339 mobile