Wave Systems Corp. develops, produces, markets, and sells products for hardware-based digital security in the United States and internationally. The company s products are based on the Trusted Platform Module (TPM), a hardware chip that enables secure protection of files and other digital secrets, as well as performs critical security functions. It offers authentication solutions, including Wave Virtual Smart Card 2.0 that provides two factor authentication for Windows login, as well as authentication for various software applications that supports the Microsoft Smart Card infrastructure; and Trusted Platform Module (TPM) Management solution, which offer device and user identification management by allowing information technology administrators to manage and provision TPMs. The company also provides encryption solutions, such as self-encrypting drives (SED) management solutions that offers initialization, user management, SED locking, SED user recovery, and SED crypto erase; BitLocker Management solution, which provide automated turn-key management for Microsoft BitLocker encryption; and Macintosh Operating Systems (Mac OS) Encryption, a solution for encryption management on Mac OS devices. In addition, it offers data loss protection solutions comprising The Protector product that provides port control and removable media encryption; The Inspector product, which offer enforcement of data-centric security policies across various channels, including email, Web, FTP, external storage devices, CD/DVD burners, iPhone, iPad and other smart phones, file repositories, print screen, local printers, and network printers; and The Encryptor product that provides software full disk encryption. The company was formerly known as Cryptologics International, Inc. and changed its name to Wave Systems Corp. in January 1993. Wave Systems Corp. was incorporated in 1988 and is based in Lee, Massachusetts. As of February 1, 2016, Wave Systems Corp. filed a voluntary petition for relief under the provisions of chapter 7 of title 11 in the United States Bankruptcy Court for the District of Delaware.

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