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QBS Software to Distribute Wave's Embassy(R) Secure Software, Targeting EU Enterprises Interested in Trusted Computing.

LEE, Mass. & WEMBLEY, U.K. -- Wave Systems Corp. (NASDAQ:WAVX) and QBS Software Limited, an award-winning software distributor, today announced that QBS Software has been appointed by Wave as a distributor of Wave's Embassy(R) Trust Suite software and infrastructure to enterprises in Europe interested in trusted computing solutions for personal computer security.

Wave's Embassy software is designed to deliver solutions compliant with the Trusted Computing Group specifications for trusted computing. Millions of PCs have been shipped by the computer industry embedded with a TCG-standard chip, called the Trusted Platform Module (TPM). TPMs serve as a platform for secure services and applications - offered by companies such as Wave. Wave has designed its secure business productivity software to work with all TCG-compliant TPMs commercially available.

QBS Software provides tools to the developer community and is a leading software supplier in Europe providing thousands of products to developers, designers, IT Managers, network administrators, DBAs and corporate buyers. Products range from IDEs to code tools, components to Installation tools as well as security, reporting, installation, web, database, help creation, system tools and application software.

"We believe that Trusted Computing, with solutions available from nearly every PC OEM and important independent software vendors like Wave, is becoming increasingly important to enterprises and government agencies evaluating stronger data security," said Skye Quin, a director of QBS Software. "Wave's Embassy platform of client and server solutions is a powerful solution addressing industry standard data protection, identity protection and access control needs."

"QBS Software is a successful and highly visible distributor of software solutions within the EU, including security solutions. We believe the company will play an important role in reaching the growing market for trusted computing solutions around the continent," said Bruno Leconte, Wave vice president, EMEA.

The Embassy Trust Suite is designed to be compatible with the Microsoft Office(R) environment, and to deliver a variety of PC-related security and productivity tasks, in an intuitive, easy-to-understand format.

Wave's Embassy technology platform is lead by the Embassy Trust Suite 5.0 and the Embassy Enterprise Authentication Server, now available for trusted computing for business and government applications. New and improved trusted computing features include network policy management, data protection, biometric authentication, smart card authentication, password authentication and machine authentication of a user's personal computer to a server.

More information about Embassy Trust Suite products is available through Wave Systems at www.wave.com/products/ets.html.

About QBS Software

Established in 1987 to provide tools to the developer community, QBS Software has expanded to become a leading software supplier in Europe providing thousands of products to developers, designers, IT Managers, Network Administrators, DBAs and Corporate Buyers. Products range from IDEs to code tools, components to Installation tools as well as security, reporting, installation, web, database, help creation, system tools and application software.

QBS has developed a keen expertise in product marketing and management alongside sophisticated in-house publishing and fulfillment. We have an extensive network of industry connections and commercial relationships with software publishers and vendors throughout the world, many of whom rely on QBS Software to build strong markets for them in the UK and Europe. QBS Software is an active participant in leading industry exhibitions, conferences and roadshows and works closely with various user groups.

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 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.

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Publication:Business Wire
Date:Feb 27, 2006
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