Samsung Partners With Wave to Extend Trusted Computing Security by Enabling Its Semiconductor Capabilities in PC, Tablet and ...
November 14 2011 - 8:29AM
Marketwired
Wave Systems Corp. (NASDAQ: WAVX) announced today an agreement to
provide Samsung Electronics with engineering services, consulting,
validation and a customized version of Wave's local management
software for Samsung's Trusted Platform Module (TPM) security chips
designed for OEM distribution.
"As businesses worldwide are seeking better security for their
critical information and network access, the importance of a
fundamental new approach to securing a powerful management
infrastructure that ensures only authorized users on known devices
are granted access or can execute critical functions has been
crucial," said Dojun Rhee, Vice President of System LSI marketing,
Device Solutions, Samsung Electronics. "By combining Wave's broad
expertise/know-how, and strong OEM and enterprise customer
relationships in trusted computing with Samsung's world-leading
chip design and manufacturing capabilities, Samsung will provide
reliable, competitive trusted computing security chips for our
customers."
"We look forward to providing Samsung's OEM customers the
ability to turn on, manage and leverage the Trusted Platform Module
with Wave's software, to deliver stronger security for end-users
and better protection for their critical data," said Brian Berger,
Wave's Executive Vice President of Marketing and Sales. "Samsung
recognizes the power of trusted computing, and this move will
empower partners and customers with new, silicon-based means to
provide trusted hardware on numerous platform types in the coming
years."
Trusted computing enables organizations to establish a more
secure computing environment without compromising functional
integrity, privacy or individual rights. The Trusted Computing
Group is a not-for-profit organization formed to develop, define
and promote open vendor neutral standards for trusted computing
building blocks and software interfaces across multiple
platforms.
"With billions of handhelds, tablets and slates in the hands of
today's workforce, ensuring that these devices are known and
trusted within the organization is paramount," said Eric Ouellet,
Research Vice President at Gartner. "To date, the percentage of
attacks against this class of device is relatively small, yet this
is likely to change as these kinds of devices are increasingly
becoming the primary computing platforms in today's enterprise
environment. Implementing embedded security on these devices is a
major step in the right direction and will provide the foundation
for preventing tomorrow's threats and the loss of valuable
corporate, employee and customer sensitive data."
Samsung is a global leader in advanced semiconductor solutions,
combining cutting-edge designs, advanced manufacturing processes
and quality, and innovative packaging technology to deliver a broad
portfolio of semiconductor solutions including security chips for
smart cards and NFC-enabled mobile devices.
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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Company: Michael Wheeler Wave Systems Corp. 413-243-7026
mwheeler@wavesys.com Investor Relations: David Collins,
Jennifer Neuman Jaffoni & Collins 212-835-8500
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