Wave Unveils Management for the SanDisk X300s Solid-State Drive With Encryption to Secure Enterprise Data
May 13 2014 - 08:15AM
Marketwired
Wave Unveils Management for the SanDisk X300s Solid-State Drive
With Encryption to Secure Enterprise Data
Each SanDisk X300s SSD(TM) Comes Exclusively Equipped With
Wave's EMBASSY Security Center
LEE, MA--(Marketwired - May 13, 2014) - Wave Systems Corp.
(NASDAQ: WAVX) announced today that its management software has
been validated for use with SanDisk's new self-encrypting solid
state drive (SSD) for corporate environments, the SanDisk X300s
SSD.
Today's workforce is more mobile than ever before, which means
enterprise data is exposed to greater risks. In fact, the latest
Forrester Mobile Workforce Adoption Trends study found that 29
percent of employees are "anywhere, anytime" workers and that 37
percent work from multiple locations. With both devices and data on
the move, enterprises must ensure that their sensitive information
is protected. Secure encryption is also a compliance requirement
for many in the healthcare, finance, and manufacturing
industries.
The SanDisk X300s SSD will include a link to a fully functional
download of Wave's EMBASSY® Security Center (ESC), a client
application for SED management, as part of the SanDisk
administration dashboard. For enterprise-wide deployments, Wave
offers its EMBASSY Remote Administration Server, and Wave Cloud
2014, the first and only cloud service that manages SEDs from a
single console. The combined offering delivers maximum data
protection and performance to help address IT decision makers top
data management and security challenges.
"Wave's collaboration with SanDisk means that our customers will
receive an immediate endpoint encryption solution for our new X300s
SSD," said Tarun Loomba, vice president of marketing, client
storage solution at SanDisk. "Wave's EMBASSY® Security Center (ESC)
allows seamless deployment of data protection policies, which can
also be centrally managed by cloud or server-based solutions from
Wave Systems."
Wave ESC will be available through the SanDisk SSD Dashboard
software suite to be released in June 2014.
"The SanDisk X300s SSD offers strong protection for companies'
most sensitive data, and when combined with Wave's superior
management capabilities, will deliver customers with a
cost-effective, comprehensive solution right out of the box," said
Wave CEO Bill Solms.
Self-encrypting drives (SEDs) offer security that is built into
the device itself, offering stronger protection than software-based
encryption solutions. Because they are isolated from the rest of
the system where viruses and malware reside, they are resistant to
software attacks. In addition, the drives cost less and greatly
outperform traditional software solutions.
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 Harbor 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
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such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are
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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
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respective owners.
About SanDisk
SanDisk Corporation (NASDAQ: SNDK), a Fortune 500 and S&P
500 company, is a global leader in flash storage solutions. For
more than 25 years, SanDisk has expanded the possibilities of
storage, providing trusted and innovative products that have
transformed the electronics industry. Today, SanDisk's quality,
state-of-the-art solutions are at the heart of many of the world's
largest data centers, and embedded in advanced smart phones,
tablets and PCs. SanDisk's consumer products are available at
hundreds of thousands of retail stores worldwide. For more
information, visit www.sandisk.com.
© 2014 SanDisk Corporation. All rights reserved. SanDisk is a
trademark of SanDisk Corporation, registered in the United States
and other countries. Other brand names mentioned herein are for
identification purposes only and may be the trademarks of their
respective holder(s).
*1 GB = 1,000,000,000 bytes. Actual user capacity less.
This news release contains certain forward-looking statements,
including expectations for technology and product introductions,
wafer production, technology and product capabilities, costs and
performance and markets that are based on our current expectations
and involve numerous risks and uncertainties that may cause these
forward-looking statements to be inaccurate. Risks that may cause
these forward-looking statements to be inaccurate include among
others: SanDisk's 1Z nanometer process technology, SanDisk's X2 and
X3 NAND memory architectures or our solutions utilizing these new
technologies may not be available when we expect or in the
capacities that we expect or perform as expected, or the other
risks detailed from time-to-time in our Securities and Exchange
Commission filings and reports, including, but not limited to, our
most recent annual report on Form 10-K. We do not intend to update
the information contained in this press release.
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