Scottsdale 9/28/2012 10:10:00 PM
News / Finance

Wave Systems (WAVX) Enters ARM TrsutZone Ready Program

QualityStocks would like to highlight Wave Systems Corp. (NASDAQ: WAVX). The company develops, produces, and markets products for hardware-based digital security. Its products are based on the Trusted Platform Module (TPM), a hardware security chip that enables secure protection of files and other digital secrets, and performs critical security functions. The company offers EMBedded Application Security SYstem (EMBASSY) Trust Suite, a set of applications and services that are designed to bring functionality and user value to TPM enabled products.

In the company’s news yesterday,

Wave Systems announced that it has joined the ARM TrustZone® Ready Enablement Program. The goal of the program is to deliver support and infrastructure for the implementation of enterprise security capabilities in mobile devices. This partnership means that Wave has united with other industry leaders in helping chip manufacturers design and roll out new industry standard security capabilities within ARM’s TrustZone architecture to enable full cross-platform interoperability across PCs, tablets, smartphones, and other mobile devices.

ARM, the leading semiconductor IP supplier worldwide, developed TrustZone Technology as a System-on-Chip security concept that features a hardware-isolated space for a Trusted Execution Environment (TEE). Mobile services can be deployed with enhanced security and convenience after core security services, such as cryptography, storage, and user interfaces, have been integrated.

ARM’s TrustZone Ready enablement program has the primary objective of assisting chip and device manufacturers in designing robust, industry-certified security architecture into their products that will address the demands of service providers seeking to deploy secure services on secured platforms. Companies that have security blanketed across their entire system will significantly benefit from the cohesive set of design blueprints, market requirements, and checklists aligned with industry standards inherent to the program.

“Smart phones, tablets and other devices are essential for today’s enterprise, and require access to sensitive applications and data. While these devices have excellent security for the mobile operator’s services, they lack basic security for use within an enterprise network,” commented Steven Sprague, Wave’s CEO. “ARM, with the TrustZone Ready Program, is taking the lead in making sure that standards-based security implemented in the TrustZone Trusted Execution Environment (TEE) is integrated into chipsets for mobile devices. Wave is committed to sharing its expertise in Trusted Platform Module (TPM) implementations, application development and trust infrastructure support.”

“Wave’s infrastructure for managing TPM and TPM-mobile-enabled devices will allow enterprise users to exploit the full capabilities of Trusted Computing Group standards across multiple device types,” added Jon Geater, Director of Technology for ARM Secure Services Division and Board Representative of ARM at GlobalPlatform. “ARM welcomes Wave into the TrustZone Ready Program as a valuable partner that will bring secure enterprise services to TrustZone secured devices running GlobalPlatform Trusted Execution Environments.”

About QualityStocks

QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.

To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net 

Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net  

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.