LEE, MA–(Marketwired – Jan 6, 2014) – Wave Systems Corp. (NASDAQ: WAVX) announced today it is offering complete management of Samsung’s 840 EVO solid-state drives (SSDs) to deliver stronger security and data protection. Wave Cloud and EMBASSY Remote Administration Server (ERAS) were both validated by Samsung for the drives, which support the Trusted Computing Group (TCG)’s industry-standard Opal specification.
The new Samsung drives deliver improved sequential read and write speeds using the industry’s most compact 10-nm class 128 Gb high-performance NAND flash memory. With up to 1 TB of capacity, the 840 EVO series offers a high storage volume and performance, even on ultra-slim notebooks.
The release marks an important step forward in the adoption of the Opal TCG standard.
“Enterprises and SMBs need powerful ways to secure their data, and the 840 EVO series meets their security requirements in today’s sophisticated threat environment,” said Jennifer Langan, director of mobility product marketing at Samsung’s Enterprise Business Division. “The Samsung 840 EVO series uses hardware-based security to offer best-in-class performance and data protection, and global companies will enjoy the benefits of the 840 EVO drives, combined with Wave’s expertise in data protection.”
When paired with Wave’s EMBASSY Remote Administration Server (ERAS) or Wave Cloud 2014, the drives give enterprises improved security and manageability capabilities. ERAS is the only management solution that delivers drive initialization, user management, drive locking, user recovery and crypto erase for all Opal-based, proprietary and solid-state SEDs, while Wave Cloud 2014 is the only cloud-management solution for SEDs on the market today.
“Samsung has demonstrated its commitment to data security and performance through the 840 EVO drives, giving end-users strong assurance that their sensitive data is safe and secure,” said Wave CEO Bill Solms. “Wave is honored to support Samsung’s new drive series and to have our management suite validated by Samsung.”
The combined solution will be made available to customers through trusted channel partners such as CDW and SHI, as well as large original equipment manufacturers (OEMs).
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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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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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
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