Wave Systems Begins Shipping Its Management Software With Samsung Electronics' TPM Security Chips
February 24 2014 - 8:29AM
Marketwired
Wave Systems Begins Shipping Its Management Software With Samsung
Electronics' TPM Security Chips
LEE, MA--(Marketwired - Feb 24, 2014) - Wave Systems Corp.
(NASDAQ: WAVX) announced the inclusion of its management software
on Samsung Electronics' new Trusted Platform Module (TPM). The TPM
chip, combined with Wave's EMBASSY Security Center, provides
enterprises with a powerful tool to ensure endpoint and network
security.
The TPM is a secure micro-controller with cryptographic features
that provides a root of trust and enables the secure generation of
keys (with the ability to limit the use of the keys to signing/
verification or encryption/decryption). With the TPM, IT can detect
unauthorized changes in the boot process that could signal the
presence of a rootkit; protect digital certificates for more secure
remote access via VPN or wireless network; establish second-factor
authentication with virtual smart cards in place of one-time
password tokens or physical smart cards; and strengthen Microsoft
BitLocker encryption.
"As the world's leading semiconductor manufacturer, Samsung's
entry into the TPM market signals an important development in
hardware-based security built on industry standards," said Wave CEO
Bill Solms. "This news builds on Wave's already-strong partnership
with Samsung and long history of collaboration."
Wave collaborated with Samsung Electronics during the
development of their TPM chip; in addition to supplying the
management software Wave played an instrumental role in helping
Samsung during the development process.
EMBASSY Security Center enables all functions of the TPM, with
applications varying from hardware-based data encryption to
ensuring that only known users and their devices can access
corporate resources. The keys are secured by the device itself,
making them less vulnerable to tampering.
Supported on Windows 8, Windows 7, Windows Vista, and Windows
XP, Samsung's TPM security chip is available to all original
equipment manufacturers (OEMs) and is compatible to configurations
shipping on all business-class systems. Under the agreement, Wave's
EMBASSY® Security Center (ESC) - Samsung Edition, TPM Software
Stack ("TSS"), EMBASSY® Trusted Suite (ETS) - Samsung Edition, and
EMBASSY® Security Center (ESC) Pro - Samsung Edition will be
available for distribution.
Samsung's development of the TPM marks growing support from the
global technology firm. Last month, Samsung introduced the 840 EVO
solid-state (SSD) self encrypting drive that is compliant with the
Opal standard from the Trusted Computing Group. Wave provides
management software for the 840 EVO.
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: Wave Systems Corp. Michael Wheeler 413-243-7026
mwheeler@wavesys.com Investor Relations: David Collins, Eric
Lentini 212-924-9800
wavx@catalyst-ir.com