Wave Systems Announces Licensing of Secure Software to STMicroelectronics for its Trusted Computing Group 1.2 Solution for Personal Computers.LEE, Mass. -- Solution to Be Demonstrated at the Intel Developer Forum Intel Developer Forum (IDF), is a twice yearly gathering of technologists to discuss Intel products and products based around Intel products. The first IDF was in 1997. There is usually a Spring IDF and a Fall IDF. , Sept. 7-9, Moscone South Center, San Francisco Wave Systems Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :WAVX) today announced that it has licensed secure software to STMicroelectronics (NYSE NYSE See: New York Stock Exchange : STM (Scanning Tunneling Microscope) A microscope that can image down to the atomic level. An STM uses a piezoelectric tube with a tiny sharp tip at the end that is moved within nanometers of the object being sampled. ) for use in ST's Trusted Computing Group See TCG. (TCG (Trusted Computing Group, Beaverton, OR, www.trustedcomputinggroup.org) The successor to the Trusted Computer Platform Alliance (TCPA), announced in 2003 by founding members AMD, HP, IBM, Intel and Microsoft. ) 1.2 Solution for trusted personal computers. The new solution, which is backward compatible with the TCG 1.1b specification, features an integrated Core TCG Software Stack along with Wave's Embassy(R) Security Center and Cryptographic Services Provider (CSP (1) (Certified Systems Professional) An earlier award for successful completion of an ICCP examination in systems development. See ICCP. (2) (Commerce Service P ), as well as all necessary BIOS and Windows drivers. The ST19WP18-TPM solution, based on ST's Trusted Platform Module In computing, Trusted Platform Module (TPM) is both the name of a published specification detailing a microcontroller that can store secured information, as well as the general name of implementations of that specification, often called "TPM chip" or "TPM Security Device" (Dell). (TPM (1) See TP monitor. (2) (Transactions Per Minute) The number of transactions processed within one minute. See TPS. (3) (Trusted Platform M ), combined with the software stack (BIOS and Windows(R) drivers, Trusted Computing Group Software Stack, and Wave EMBASSY(R) Security Center and TCG Cryptographic Service Provider In Microsoft Windows, a Cryptographic Service Provider (CSP) is a software library that implements the Cryptographic Application Programming Interface (CAPI). CSP's implement encoding and decoding functions, which computer's application programs may use for e.g. ), delivers an off-the-shelf TCG-enabled security solution for desktop and laptop PCs. Trusted PCs shipped by the computer industry are embedded with TPM chips specified by TCG industry standards. Wave's client and server solutions work with TPM chips embedded in Trusted PCs. TPMs serve as a platform for secure services and applications. This solution enables strong authentication on any PC that includes a TPM and Wave software. "Trusted Computing is set to become the major IT issue for companies and governments as computer systems become increasingly complex and vulnerable. ST's secure technology, combined with advanced software from proven partners, such as Wave Systems, provides a complete system-on-chip solution around which trusted systems can be built," said Alain Jarre of the Smartcard ICs Division, STMicroelectronics. "Wave is delighted to be a partner with STMicroelectronics in delivering a comprehensive hardware and software solution for the trusted computing market," said Brian Berger, executive vice president, marketing and sales, Wave Systems. "We believe this is another important demonstration of the deep capabilities Wave offers in addressing client and server needs with solutions that are available today, with the current infrastructure in organizations." "This solution can enable today's most popular enterprise applications to take advantage of trusted computing," said Steven Sprague, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Wave Systems. ST has completed commercial licensing terms with Wave for the EMBASSY Security Center (ESC See escape character and escape key. See also ESC/P. ESC - escape ), a powerful Trusted Platform Module management utility that is designed to allow easy set up and configuration of the TPM. The ESC is designed to provide multi-factor authentication functions to users and key management. In addition, TPM administrators can easily define custom security policies. The license also includes the TCG enabled Wave Cryptographic Service Provider (CSP), which is designed to support any application requiring cryptographic services taking full advantage of the TPM. It is compliant with Microsoft's crypto-API specification. The ST solution including Wave's software is planned to be demonstrated this week at the Intel Developer Forum (IDF), Moscone South Convention Center, San Francisco, CA. For more information, please visit Wave's location, Booth 115, Trusted Computing Group Community, or contact Brian Berger at bberger@wavesys.com. More information about Wave's EMBASSY Trust Suite products is available through Wave Systems at www.wave.com/products/ets.html. About Wave Systems Consumers and businesses are demanding a computing environment that is more trusted, private, safe and secure. Wave is the leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms from a variety of vendors. Wave holds a portfolio of significant fundamental patents in security and e-commerce applications and employs some of the world's leading security systems architects and engineers. For more information about Wave, visit http://www.wave.com. Safe Harbor for Forward-Looking Statements Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control. Wave Systems assumes no obligation to publicly update or revise any forward-looking statements. All brands are the property of their respective owners |
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