Wave Systems Corp. (NASDAQ: WAVX) () announced today that it was named one of four finalists for a 2012 SC Magazine Award for its Safend Data Protection Suite, among the IT security industry's most prestigious accolades.

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Safend Data Protection Suite a Finalist for 2012 SC Magazine Europe Awards

(March 12, 2012)

LONDON -- (Marketwire) -- 03/12/12 -- Wave Systems Corp. (NASDAQ: WAVX) (www.wave.com) announced today that it was named one of four finalists for a 2012 SC Magazine Award for its Safend Data Protection Suite, among the IT security industry's most prestigious accolades.

Competing in the "Best Data-Loss Prevention" category, Wave made the judges' shortlist on the merits of its Safend Data Protection Suite. The suite provides an integrated endpoint security toolkit that offers enterprise-wide port control, disk and media encryption, content inspection, data discovery and classification. But what makes it stand out from competitive solutions is the powerful, yet intuitive control the suite grants through a single management server, single management console and a single lightweight agent.

Paul Fisher, SC Magazine UK editor, said: "This was a record-breaking year for entries for the awards and I believe that this is represented in the quality of the nominees."

Winners of SC Awards Europe will be announced Tuesday, April 24 at a gala dinner and ceremony in London. Among the industry's most coveted honours, the SC Awards honour professionals working to secure enterprises, as well as the vendor and channel communities that deliver innovative security technologies.


Wave acquired Safend last September. Additional information on the Safend Data Protection Suite can be found here.

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 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 declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such 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.

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Press contacts:
Lloyd Gofton
07919-353-484
Lloyd@liberatemedia.com

Tim Greenhalgh
07808-608-416
tim@liberatemedia.com

Investor Relations:
David Collins, Jennifer Neuman
Jaffoni & Collins
212-835-8500
wavx@jcir.com


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Related Keywords: SC Magazine Europe Awards, Safend, Wave Systems Corp., data protection, DLP, data loss prevention, Marketwire, , IT (Information Technology), Security, Financial, Other,

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