Axiad IDS Integrates Wave Data Protection Into Its Identity Solutions to Bring Increased Value to Customers

Axiad IDS Integrates Wave Data Protection Into Its Identity Solutions to Bring 
Increased Value to Customers 
Wave's Trusted Computing Solutions Now Available Through Axiad's
Channel Partners 
LEE, MA -- (Marketwired) -- 07/17/13 --  Wave Systems Corp. (NASDAQ:
WAVX), the Trusted Computing Company, today announced a strategic
distribution agreement with Axiad IDS, a market solution provider and
value-added distributor for industry-leading suppliers of identity
and access management (IAM) and authentication solutions. The
partnership will offer Wave's security solutions on a resale basis
through Axiad's channel partners. 
"We see Wave as a critical component of Axiad IDS solution offering,"
said Sam Lellouche, VP, Identity and Access Management Solutions at
Axiad IDS. "Through Wave's innovative trusted computing solutions,
customers can now utilize a robust system that offers unprecedented
yet straightforward control over exactly who has access to their
data, with which devices, and over which networks. 
Integrating Wave into its offerings allows Axiad IDS to offer
end-to-end solutions to secure data and access to company resources.
Customers will get boot protection, data encryption, email security,
secure access to computers, networks and applications, either
locally, through a VPN or in the cloud -- even physical access to
buildings. All of this is controlled with a single credential such as
a PIV-C smart card. 
Recently, the presence of cyber threats has been increasing with the
proliferation of Advanced Persistent Threats (APTs), DDoS and other
attacks. Most security solutions on the market today rely on
proprietary software vulnerable to attack; Wave, by contrast, enables
security that's built into the device, not added on, giving
enterprises the ability to know their devices, data and applications. 
"Wave partnered with Axiad IDS because of its strong reputation in
identity management and more than 80 years' experience in the
market," said Steven Sprague, CEO of Wave Systems. "Customers are
demanding more complete security solutions and our partnership Axiad
IDS will enable Wave to pursue opportunities in this market."  
With Wave's industry-leading solutions that take advantage of
hardware-based security, Axiad customers can: 

--  Ensure their devices are safe to lose. Data is always protected with
    hardware-based encryption managed by Wave. Wave Cloud is the only
    Cloud service on the market for managing self-encrypting drives and
    Wave for BitLocker(TM) Management enables the fast deployment of
    BitLocker(TM), the native encryption feature from Microsoft.
--  Eliminate passwords. Ensure seamless, second-factor authentication
    with Wave to enable virtual smartcards and to protect credentials
    while using Microsoft DirectAccess.
--  Ensure that only known devices are allowed on known networks.
    Establish persistent device identity that can't be spoofed and gain
    increased visibility into endpoint health before the operating system
    loads with Wave Endpoint Monitor.

About Axiad IDS
 Founded by Yves Audebert and Bassam Al-Khalidi, Axiad
IDS (IDentity Solutions) is a Market Solution Provider and
Value-Added Distributor focused on Identity and Access Management for
corporate, government and healthcare organizations. Leveraging its
extensive experience in authentication, networking technologies and
large-scale Digital Identities deployments such as HSPD-12 PIV and
DoD CAC, Axiad IDS allows organizations to control and protect their
data, resources and assets. Relying on leading technology vendors,
Axiad IDS provides, deploys, supports and manages full-scope Identity
and Data Protection solutions that brings quantifiable business
benefits to its customers. Axiad IDS delivers its products and
services through its channel partners. 
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.  
Safe Harbor for Forward-Looking Statements
 This press release may
contain forward-looking information within the meaning of the Private
Securities Litigation Reform Act of 1995 and Section 21E of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
including all statements that are not statements of historical fact
regarding the intent, belief or current expectations of the company,
its directors or its officers with respect to, among other things:
(i) the company's financing plans; (ii) trends affecting the
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Wave Systems Corp. 
Michael Wheeler 
Investor Relations:
David Collins, Eric Lentini
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