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Wave Systems Joins TSCP

HERNDON, Va., Dec. 21 /PRNewswire-FirstCall/ -- Wave Systems Corp. (Nasdaq: WAVX -- www.wave.com), a leading provider of enterprise security software, has joined Transglobal Secure Collaboration Program (TSCP) in the silver membership category. Wave is the latest organization to recognize the role TSCP plays in developing and deploying secure information sharing solutions in highly sensitive environments and commit to contributing to the integration and adoption of TSCP standards.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091221/NE28882LOGO )

"We're excited to join TSCP and strongly support its efforts to engage collectively with major standards bodies in the aerospace and defense (A&D) community to protect IP and combat cyber threats," said Steven K. Sprague, president and chief executive officer of U.S.-based Wave Systems. "Wave is looking forward to bringing machine authentication to federated trust environments, and helping facilitate and advance industry best practices for secure collaboration."

As part of its ongoing work with the TSCP, Wave will share its expertise in identifying ways to leverage the embedded hardware security of the Trusted Platform Module (TPM) security chip for establishing strong device authentication within the A&D supply chain.

"We're pleased to welcome Wave Systems to TSCP," said Keith Ward, TSCP chairman. "We strongly believe that with all parties working together toward a common federated goal, we can reduce the risk of information security breaches, accelerate secure information sharing across A&D organizations, and reduce overall program costs.  Wave's unique experience and capabilities in Trusted Computing will be a tremendous asset to TSCP and its members."

As security threats to critical assets around the world increase and become more sophisticated, the need for a common, robust approach to ensuring the protection of information escalates. Meeting this need is the core mission of TSCP -- the A&D industry's consortium dedicated to identifying, prioritizing, developing and testing requirements for all aspects of information-sharing -- from identity management and secure email to document sharing with identity federation.

TSCP members include global government and defense agencies, leading A&D companies, and solutions providers. For more information, please visit www.tscp.org.

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