Item 8.01. Other Events.

On November 13, 2009, Wave Systems Corp. ("Wave") and Hewlett-Packard Company ("HP") entered into a reseller agreement that permits HP to distribute and sell Wave's software products through HP channels.

The reseller agreement does not provide for guaranteed minimum shipped quantities or royalties.

Safe-Harbor Statement:

Under the Private Securities Litigation Reform Act of 1995, the foregoing may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

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