Peter J. Sprague

PETER J. SPRAGUE is Chairman and CEO of Wave Systems Corp. Mr. Sprague
founded Wave Systems Corp. in 1988 to introduce new business models that
allow producers and users of electronic information to distribute and
purchase content. Prior to founding Wave, Mr. Sprague served as Chairman
of National Semiconductor Corporation. In 1962 he started a firm in Iran
that later became the largest cold storage facility in the Middle East.
Mr. Sprague served as Chairman of a wide range of business ventures
including Design Research, the Advent Corporation and Aston Martin Ltd.
He holds patents in the area of projection cathode ray tubes and in the
field of information distribution. Mr. Sprague received his Bachelor of
Arts degree in Political Science from Yale in 1961, studied Political
Science at MIT and participated in the doctoral program in Economics at
Columbia University.