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Wave Systems also recently announced that Scrambls for Enterprise (www.scrambls.com) was launched, giving organizations a means for their employees to safely collaborate over social media sites like Twitter® (www.Twitter.com) and Facebook (www.Facebook.com), and share files with cloud services like Dropbox™ (www.Dropbox.com) and Salesforce.com® (www.Salesforce.com). Scrambls protects data that is often overlooked in corporate security initiatives -- information shared online via social media, files stored in the cloud and data in motion.

Employees are free to leverage existing social media infrastructures to enter status updates, Tweets, blog posts, files and more, without jeopardizing security or privacy. Scrambls for Enterprise encrypts data before it ever leaves a user's computer or smartphone. Posts and files can only be viewed by those the enterprise grants permission to -- everyone else sees scrambled text.

"Social media and cloud services are expanding the way business is done, but enterprises need greater control of the information they share across the public web," commented Steven Sprague, scrambls co-creator and CEO of Wave Systems. "These services are often self-discovered by employees who use them to share critical information. Enterprises need to take responsibility for this new flow of data, and scrambls provides the privacy, security and audit controls similar to what you'd see with corporate email accounts."

The power of scrambls lies in the permissions granted to group members. To read a post or descramble a file, the service automatically applies the permission to make it readable again for only those individuals granted access. Business administrators set the policy and manage the groups. Add or remove people from the groups at any time to change who can read messages and files, even after they've been published on the web.

"Scrambls can open up new business opportunities with use cases for every type of vertical market," continued Sprague. "In healthcare, a private and protected channel for communication leads to better care and service. It's easy for doctors, social workers and caregivers to have sensitive discussions about the care of a family member in real time using popular tools like Twitter or Facebook. Those conversations remain private with scrambls."

For complete details about these announcements: http://www.wave.com/news/

For Wave Webcasts and Presentations: http://www.wave.com/news/webcasts.asp

For the Wave Blog: http://blog.wave.com/