Wave Garners Prestigious GSN Homeland Security Award

Wave Garners Prestigious GSN Homeland Security Award 
National Competition Recognizes Homeland Security Efforts in 42
LEE, MA -- (Marketwire) -- 12/10/12 --  At a gala dinner that drew
hundreds of government officials and industry executives to the
Washington Convention Center on November 29, Government Security News
(GSN) announced the winners -- including Wave Systems (NASDAQ: WAVX)
-- in its 4th Annual Homeland Security Awards competition.  
In the category of "Best Data Security/Loss Management Solution," GSN
identified Wave Systems' Safend Data Protection Suite (DPS) as this
year's winner. Safend DPS protects organizations from data leakage
and theft with a single software product providing granular port and
device control, transparent hard disk encryption, comprehensive
removable media encryption and accurate content control. It provides
complete protection of sensitive data-in-use, data-at-rest and
data-in-motion, without sacrificing productivity.  
The Los Angeles County Department of Mental Health (DMH) successfully
used Safend DPS to manage the organization's thousands of endpoints.
DMH serves about a quarter of a million residents across 130 sites in
LA County, and must adhere to strict regulations that ensure the
confidentiality of patient data. 
"We chose Safend because it's an easy-to-use product that guarantees
connectivity and productivity coupled with topnotch security and
performance," said Robert Pittman, Chief Information Security Officer
for the County of Los Angeles, CA. 
"A substantial amount of corporate data lives on vulnerable devices.
Wave Systems' Safend Data Protection Suite helps to protect each
individual endpoint, which is critical in this increasingly mobile
workforce," said Steven Sprague, CEO of Wave Systems. "We help
government organizations secure data from a full range of
ever-evolving modern risks and we're thrilled to be recognized with
such a prestigious honor from GSN." 
One of the evening's highlights was the presentation of the GSN /
Raytheon Award for Distinguished Leadership and Innovation in Public
Safety and Security to Richard Reed, Deputy Assistant to the
President for Homeland Security. Reed delivered an insightful keynote
address to an audience of industry executives and government
officials at the federal, state and local levels. 
According to Jacob Goodwin, Editor-in-Chief of GSN, the winners were
selected by a panel of objective judges. "We received an outstanding
group of entries and have handed winners' plaques to an exceptional
group of companies and government agencies," he said. 
Sponsors for GSN's 2012 homeland security awards program included BRS
Labs, Cisco Systems, Entrust, Raytheon, RedSeal, Teradata, Vanguard
Integrity Professionals and Whitestone Group.  
See complete list of winners.  
About Wave Systems 
 Wave Systems Corp. (NASDAQ: WAVX) reduces the
complexity, cost and uncertainty of data protection by starting
inside the device. Unlike other vendors who try to secure information
by adding layers of software for security, Wave leverages the
security capabilities built directly into endpoint computing
platforms themselves. Wave has been a foremost expert on this growing
trend, leading the way with first-to-market solutions and helping
shape standards through its work as a board member for the Trusted
Computing Group.  
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