NEWS RELEASE TRANSMITTED BY Marketwire

FOR: WAVE SYSTEMS CORP.

NASDAQ SYMBOL:
 WAVX

Wave to Hold Q1 Conference Call Thursday, May 10th at 4:30 p.m. ET

MAY 3, 2012 - 16:44 ET

LEE, MA--(Marketwire - May 3, 2012) - Wave Systems Corp. (NASDAQ: WAVX), a leading provider of trusted computing software, announced it will host a webcast/conference call reviewing its 2012 first quarter results and recent progress, on Thursday, May 10th at 4:30 p.m. ET. Wave's results will be issued after the market's close that day.

WEBCAST/REPLAY: Available at http://www.wave.com/news/webcasts.asp

TELEPHONE: 415-226-5361 or 212-231-2915

About Wave Systems (www.wave.com)
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 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.



FOR FURTHER INFORMATION PLEASE CONTACT:

For more information please contact:

Company:
Gerard T. Feeney
CFO
Wave Systems Corp.
413-243-1600
info@wavesys.com

Investor Relations:
David Collins, Eric Lentini
Catalyst Global
212-924-9800 office / 917-734-0339 mobile
wavx@catalyst-ir.com