Security Software Provider Wave Systems Names William Solms CEO and Director

Security Software Provider Wave Systems Names William Solms CEO and Director 
LEE, MA -- (Marketwired) -- 11/19/13 --   Wave Systems Corp. (NASDAQ:
WAVX) announced that the company's Board of Directors has confirmed
William M. Solms, age 50, as Chief Executive Officer. Mr. Solms, who
joined Wave in June and has served as Wave's Acting CEO since October
6, has also been elected to Wave's Board of Directors. His
appointment increases the size of Wave's Board to six members. 
"Bill has brought a commitment to excellence, discipline and
accountability since his appointment as Acting CEO," said Chairman
John Bagalay. "In short order, he has begun to implement a plan to
re-organize the company, streamline operations and bring clarity and
focus to Wave's place in the security market. Given this progress,
the Board felt strongly that Bill was the right choice to continue
leading the company." 
Before being named acting CEO, Mr. Solms served as Wave's Vice
President of North American Sales. He had previously worked at
Microsoft and at Oracle where he directed the Federal Sales Team for
Oracle-On-Demand. A graduate of West Point, Mr. Solms served a
distinguished career as an active duty Army officer, ultimately
capping his 20+ years of service in the Pentagon as a member of the
Joint Staff.  
"I'm honored and humbled by the opportunity to lead Wave," Mr. Solms
said. "We have a great team that has produced a first-class product
suite, which allows us to be market leaders in key segments of the IT
security space. I look forward to bringing a renewed sense of
operational excellence and fiscal discipline to the company while at
the same time continuing to foster the spirit of innovation that has
been a hallmark of Wave." 
About Wave Systems 
 Wave Systems Corp. 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 Harbour 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
company's financial condition or results of operations; (iii) the
company's growth strategy and operating strategy; and (iv) the
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"will," "expect," "estimate," "anticipate," "believe," "intend" and
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forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements as
a result of various factors. Wave assumes no duty to and does not
undertake to update forward-looking statements. 
All brands are the property of their respective owners. 
Company: 
Wave Systems Corp. 
Michael Wheeler 
413-243-7026 
mwheeler@wave.com 
Investor Relations:
David Collins, Eric Lentini
212-924-9800
wavx@catalyst-ir.com 
 
 
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