Wave to Showcase Virtual Smart Card Solution at Gartner's Identity and Access Management Summit Nov. 18-20
November 18 2013 - 8:25AM
Marketwired
Wave to Showcase Virtual Smart Card Solution at Gartner's Identity
and Access Management Summit Nov. 18-20
Secure, Cost-Effective Alternative to Physical Smart Cards and
One-Time Password Tokens
LEE, MA--(Marketwired - Nov 18, 2013) - Wave Systems Corp.
(NASDAQ: WAVX) will demonstrate its comprehensive solution for
activating and managing virtual smart cards for Windows 7, 8 and
8.1 at the Gartner Identity & Access Management Summit 2013,
taking place this week at the J.W. Marriott in Los Angeles.
Virtual smart cards emulate the functionality of traditional
smart cards but do not require the use of a separate physical card
or a reader as they use the Trusted Platform Module (TPM) chip on
the PC. Wave introduced its virtual smart card feature for
Windows 7 last year.
"The Gartner Identity and Access Management Summit is the ideal
forum for us to show IT decision-makers how virtual smart cards can
provide an added layer of security for both local and remote access
of the endpoint," said Wave CEO Bill Solms. "Virtual smart cards
let organizations integrate device identity management on top of an
existing user identity management program, creating a layered
approach to security that is much more effective."
Physical smart cards and virtual smart cards offer comparable
levels of security, yet virtual smart cards deployed by Wave
require no additional material acquisition costs and are less
expensive to provision and manage. Enterprises enjoy lower total
cost of ownership and save by eliminating hardware token
deployment.
The Wave team will demonstrate use of a virtual smart card for
endpoint, local and remote access.
The Gartner Identity & Access Management Summit is the
premier gathering for IT professionals responsible for IAM
programs, with more than 50 analyst-led sessions. Attendees include
CISO, CSO, CIOs, IT directors, network security managers and
directors.
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 is a leading expert in this growing trend and is
leading the way with first-to-market solutions and helped shape
standards through its board seat on the Trusted Computing
Group.
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release may contain forward-looking information within the meaning
of the Private Securities Litigation Reform Act of 1995 and Section
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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
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words "may," "would," "will," "expect," "estimate," "anticipate,"
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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