RSA CONFERENCE 2006, SAN JOSE, Calif., Feb. 13 /PRNewswire-FirstCall/ --
Seagate Technology (NYSE: STX), the world's leading hard drive maker, and Wave
Systems Corp. (Nasdaq: WAVX) are teaming up at the RSA Conference 2006,
February 13-17, at San Jose's McEnery Convention Center to showcase the latest
development in data security. The two companies will demonstrate a security
solution that combines the strongest protection available for intellectual
property, personal information and other sensitive data stored on lost or
stolen notebook PCs with a simple way to manage and protect encryption keys
and passwords.
The demonstration features Seagate Momentus 5400 FDE, a 2.5-inch, 5400-RPM
notebook hard drive with hardware-based Full Disc Encryption (FDE) to deliver
the highest levels of data security, and Wave's Embassy Security Center
software. The Wave Systems software suite, which meets security specifications
established by the Trusted Computing Group (TCG), an industry group focused on
developing open standards for security hardware and software, uses Wave's
Trusted Drive Manager to give organizations an easy way to set up and
configure the Momentus 5400 FDE drive and automate protection and management
of passwords and encryption keys.
"The Trusted Computing Group specifications have provided the industry
with standard building blocks to enhance computer security," said Lark Allen,
executive vice president, Wave Systems. "By extending the TCG trusted
computing specified services to Seagate's FDE drives, Wave's software enables
organizations to implement a single, integrated infrastructure for managing
their trusted devices."
Wave's Embassy solutions support hardware security features provided by
TCG Trusted Platform Module (TPM) security chips currently shipping in
millions of personal computers. Among other capabilities, Wave's Trusted Drive
Manager provides strong authentication for tightly controlled access to FDE
drives and can be used with biometrics and smart cards to enable multi-factor
authentication. Extending the Embassy Security Center to include support for
the Seagate Momentus 5400 FDE family can bring an important new capability to
data protection for organizations of all sizes.
Momentus 5400 FDE -- Delivering New Levels of Notebook PC Security
With the new Momentus 5400 FDE hard drive, Seagate has taken the lead in
delivering a simple, cost-effective way to provide strong protection against
unauthorized access to data on notebook PCs. Momentus 5400 FDE automatically
encrypts all data, not just selected files or partitions, on the drive.
Seagate FDE also eliminates disc initialization and configuration required by
encryption software, allows hard drive data to be erased instantly so the
drive can be redeployed, and delivers full inline-speed encryption with no
impact to system performance.
Seagate FDE works by putting all security keys and cryptographic
operations within the drive, separating them from the operating system in
order to provide greater protection against hacking and tampering than
traditional software alternatives, which can give thieves backdoor access to
encryption keys and are more vulnerable to viruses.
"As notebooks continue to proliferate, representing an increasing segment
of the overall PC market, more customers are demanding systems that provide a
bulwark against the loss of sensitive business or personal information and the
potentially high related costs when notebooks are lost or stolen," said Karl
Chicca, Seagate senior vice president and general manager, Personal Storage.
"Seagate is focused on teaming with Wave Systems and other providers of
industry-standard security software to enable easy-to-deploy notebook PCs with
strong hardware encryption and the software infrastructure needed to manage
and protect passwords and encryption keys."
Wave Systems and Seagate Present at RSA Conference
The Seagate-Wave Systems notebook PC security demonstration can be seen at
the Wave Systems booth, 1407, and the Trusted Computing Group booth, 1411, at
RSA Conference 2006. These Wave Systems and Seagate security experts will
speak at the conference's Trusted Computing Group Seminar on Monday,
February 13:
Steven Sprague
Wave Systems
Platform Solutions: Authentication
10:45 - 11:15 a.m.
Michael Willett
Seagate Technology
Platform Solutions: Storage
11:15 - 11:45 a.m.
Q&A
Brian Berger, Moderator
Wave Systems
12:45 - 1:00 p.m.
Solution Availability
Seagate's Momentus 5400 FDE hard drive and Wave's Embassy Security Center
software will be available later this year.
About Seagate
Seagate is the worldwide leader in the design, manufacture and marketing
of hard disc drives, providing products for a wide-range of Enterprise,
Desktop, Mobile Computing, and Consumer Electronics applications. Seagate's
business model leverages technology leadership and world-class manufacturing
to deliver industry-leading innovation and quality to its global customers,
and to be the low cost producer in all markets in which it participates. The
company is committed to providing award-winning products, customer support and
reliability to meet the world's growing demand for information storage.
Seagate was named 2006 Company of the Year by Forbes Magazine. Seagate can be
found around the globe and at http://www.seagate.com.
About Wave Systems
Consumers and businesses are demanding a computing environment that is
more trusted, private, safe and secure. Wave is the leader in delivering
trusted computing applications and services with advanced products,
infrastructure and solutions across multiple trusted platforms from a variety
of vendors. Wave holds a portfolio of significant fundamental patents in
security and e-commerce applications and employs some of the world's leading
security systems architects and engineers. For more information about Wave,
visit http://www.wave.com .
Safe Harbor for Forward-Looking Statements
Except for the statements of historical fact, the information presented
herein constitutes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the company
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such
factors include general economic and business conditions, the ability to fund
operations, the ability to forge partnerships required for deployment, changes
in consumer and corporate buying habits, chip development and production, the
rapid pace of change in the technology industry and other factors over which
Wave Systems Corp. has little or no control. Wave Systems assumes no
obligation to publicly update or revise any forward-looking statements.
NOTE: Seagate, Seagate Technology and the Wave logo are registered
trademarks of Seagate Technology LLC. Momentus is either a trademark or
registered trademarks of Seagate Technology LLC. All other trademarks or
registered trademarks are the property of their respective owners.
SOURCE Seagate Technology LLC
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Related links:
http://www.seagate.com
CONTACT:
John Callahan of Wave Systems Corp.,
+1-413-243-7029, or jcallahan@wavesys.com; or David Collins, or
Richard Land, both of Jaffoni & Collins, +1-212-835-8500, or
wavx@jcir.com, for Wave Systems Corp.; or Michael Hall,
+1-831-439-2731, or michael.l.hall@seagate.com, or Woody Monroy,
+1-831-439-2838, or woody.monroy@seagate.com, both of Seagate
Technology
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