Wave Systems Demonstrates Embassy(R) Strong Authentication Technologies at the DoD Public Key Enabling Trade Show.LEE, Mass. -- 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) announced today that it is demonstrating its Embassy secure software technologies featuring strong authentication capabilities at the Department of Defense Public Key Enabling (DoD PKE PKE - public-key encryption ) trade show at the Atlanta Hilton, Atlanta, Georgia, today and tomorrow. The conference focuses on enabling federal system administrators, workgroup managers, and users to get the most out of Public Key Infrastructure, featuring demonstrations, hands-on training sessions, and opportunities to interact with DoD and industry experts. Wave's Embassy software supports the next generation Trusted Computing Trusted Computing (also abbreviated TC) is a technology developed and promoted by the Trusted Computing Group. The term is taken from the field of trusted systems and has a specialized meaning. security chip hardware called the 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 ) 1.2. The computer industry has already shipped millions of PCs embedded with the Trusted Computing Group-standard TPM 1.1 chips and is now shipping next generation 1.2 TPM chips. Wave's Embassy platform supports both standards. TPMs help enable secure services and applications. Wave has designed its Embassy technology to work with all commercially available TCG-compliant TPMs. Wave's Embassy platform is also compatible with the Microsoft Office(R) environment, and facilitates a variety of PC-related security and productivity tasks. At the conference, Wave is demonstrating the hardening of standard Department of Defense PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of systems. Using TPMs, Wave will demonstrate issuing a standard, medium assurance certificate (X.509 version 3 PKI class 3) which is commonly used for network and application authentication. The TPM will bind the certificate to the hardware platform, creating a more tamper resistant certificate. This is the first time that fully certified (FIPS (Federal Information Processing Standards) A series of publications issed by the U.S. National Institute of Standards and Technology (NIST) that specifies information security guidelines for federal government departments and agencies. 140-2 L2) TPMs will be shown in this security capacity. Wave is working with External Certificate Authorities (ECA ECA See: Export Credit Agency ) approved by the DoD C.I.O. to more broadly disseminate this solution. "Working with TPM security chip enabled PCs, Wave's Embassy software technology can strongly authenticate both the PC and the user in a government or enterprise network," 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. "Network administrators can benefit from better authentication capabilities by using available biometrics, smart cards, passwords or the TPM, all tailored to specific security needs." Beyond its importance to the DoD PKI environment, Wave's Embassy trusted computing solutions are also designed to solve the real world authentication and identity management problems facing federal, state and local government agencies. For more information about Wave's Embassy strong authentication technologies, please visit www.wave.com. About Wave Systems Wave Systems solves the most critical security problems for enterprises and government with software solutions that are trustworthy, reliable, easy to use, and offer a speedy return on investment. Wave's trusted computing software solutions include strong authentication, data protection, advanced password management and enterprise-wide trust management services. For more information about Wave, visit http://www.wave.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion