Wave Systems Corp.

WAVX | NASDAQ | CIK: 0000919013 | SIC: 3577 Computer Peripheral Equipment, NEC | inactive
Lee, MA | Founded: 1988-02-12
Hardware-based digital security company. Founding member of Trusted Computing Platform Alliance (TCPA, 1999) and its successor the Trusted Computing Group (TCG, 2003). Developed EMBASSY platform for TPM chip management. Permanent TCG board member alongside AMD, HP, IBM, Intel, Lenovo, Microsoft, Oracle. Software shipped on 500M+ PCs via Dell, Acer, HP, Lenovo. Peak market cap exceeded $1.8B in March 2000. CEO Steven Sprague served 14 years as principal industry evangelist for trusted computing.
trusted-computingTPMhardware-securityTCPATCGEMBASSYself-encrypting-drivescybersecuritydata-security
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Products

NameTypeDescription
EMBASSY (EMBedded Application Security SYstem)platformCore hardware/software security platform. Programmable system-within-a-system for secure storage, authentication, and transaction processing.
EMBASSY Trust SuitesoftwareEnterprise TPM management and deployment software. Shipped via Dell, Acer, HP, Lenovo.
EMBASSY Security CentersoftwareClient-side security management for end users.
EMBASSY Remote Administration Server (ERAS)softwareEnterprise-scale TPM deployment and management.
WaveMetersoftwareDigital content metering/DRM system. Early product, pre-TCPA era.
WaveNetplatformCentral transaction processing network for content metering.
WaveXpressjoint_ventureJoint venture with Sarnoff Corp for secure DTV content distribution.

Partnerships

PartnerTypeDescription
Compaq ComputerdevelopmentTCPA Trusted Client co-development. Joint announcement Aug 22, 2000.
Advanced Micro Devices (AMD)developmentFirst Wave/AMD TCPA-compliant Trusted Client PC reference platform. Demonstrated Nov 13, 2000.
National SemiconductorlicensingLicensed cryptographic technology from Wave for TCPA security co-processor. Announced Aug 22, 2000.
Infineon TechnologiesdevelopmentJoint TPM promotional activities. EMBASSY services on Infineon TPM.
DellOEMShipped Wave EMBASSY Trust Suite on business PCs.
AcerOEMLicense agreement. 4-5 million copies of software per quarter.
HP / Hewlett-PackarddevelopmentStrategic alliance (1998) for HP VerSecure in EMBASSY architecture.
LenovoOEMDistribution partner for EMBASSY Trust Suite.
Samsung ElectronicscomponentTPM chip + Wave software bundling.
IntelcomponentSelected Wave to manage SSD security. Joint TPM initiatives.

SEC Filings

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