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Wave Systems Corp. (WAVX) Signs Strategic Distribution Agreement with Ingram Micro (IM)

|Includes: Wave Systems Corp. (WAVX)

Wave Systems Corp., a leading provider of client and server software for hardware-based digital security that enables organizations to know who is connecting to their IT infrastructure, protect corporate data, and strengthen boundaries of their networks, today announced a strategic distribution agreement with Ingram Micro (NYSE: IM) starting November 1. The deal allows for the offering of Wave’s EMBASSY security software to more resellers around the world via Ingram’s network of customers for the managing of hardware-based data protection and authentication. Ingram Micro serves more than 150 countries on six continents and maintains the world’s most comprehensive portfolio of IT products and services.

“We are thrilled to have the opportunity to work with such an established global leader as Ingram Micro and look forward to offering our management tools for trusted computing around the world,” said Brian Berger, Executive Vice President of Marketing and Sales, Wave Systems in a press release Tuesday.

Wave’s core products use a highly secure cryptographic support system known as the Trusted Platform Module (TPM) to generate, store and process keys used to encrypt information and harden identities. Wave’s comprehensive suite of products leverages these capabilities to allow an organization to implement a safer, more trusted computing environment. In fact, Wave’s flagship software offering, EMBASSY® Trust Suite, comes installed on every business-class laptop computer shipping from Dell.

“This agreement allows us to offer Wave’s comprehensive management for data protection and authentication to more IT resellers around the world,” said Eric Kohl, Director, Ingram Micro Advanced Technology Division, in the Tuesday press announcement. ” Ingram Micro is very excited to offer Wave’s robust management tools for embedded hardware security — SEDs for protecting data and TPMs for strengthening authentication — to its network of partners and our partners’ customers.”

Ingram Micro is the world’s largest technology distributor and a leading technology, sales, marketing and logistics company for the IT industry worldwide. Since 1979 Ingram Micro has connected technology solution providers with vendors, bringing the latest products and services to the market.

Wave reports that its customers include the world’s largest chemical company, one of the largest automotive manufacturers, healthcare systems, financial institutions and government agencies.

For more Information about Wave and the Embassy Suite of products, please visit wave.com

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