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WISeKey SA

WISeKey and Group Brasilinvest join forces to launch WISeKey Brasil

Geneva, Valencia, Sao Paulo (ots)

WISeKey is expanding its
global reach to South America. This cooperation allows the WISeKey
Spanish subsidiary, with head offices in Bilbao, to expand its
cooperation with Brasilinvest to offer WISeKey's technology in both
Spanish and Portuguese speaking countries. WISeKey is currently a
leading provider of Internet security.
The agreement includes an injection of capital into WISeKey ELA by
the Brazilian group Brasilinvest, accelerating the setting up of a
distribution network in Latin America with 22 subsidiaries and in all
Portuguese speaking countries (Brazil, Portugal, Angola, Cabo Verde,
Guinea Bissau and Mozambique), to distribute WISeKey technology in a
market with 1billion potential users.
Carlos Moreira, Founder and President of WISekey said "this new
joint venture agreement with Brasilinvest will allow us to enlarge
our existing community of users in the targeted markets increasing
WISeKey international positioning and leveraging our unique trust and
security model of WISeKey, now considered as the fastest e-security
company in the world.
Mario Garnero, the Chairman of Brasilinvest Group
http://www.brasilinvest.com.br , a holding company located in Sao
Paulo with interests in the financial, telecommunications,
infrastructure, real estate and agricultural sectors in Brazil and
abroad,  said: "This agreement to establish WISekey Brasil will allow
us to internalize WISeKey's technology in our market and to introduce
this unique Swiss technology to be used in other leading Brazilian
sectors such as alternative energies. Mr. Mario Garneiro is also the
Chairman of Fórum das Américas and president of the United Nations
Association-Brazil, both non profitable organizations active in
Brazil.
WISeKey ELA and Velasco Group's chairman Pedro Luis Velasco,
declared: "WISeKey ELA is delighted to establish this first affiliate
in the South American market. WISekey Brasil will reinforce our
existing operations in WISekey ELA as it will allow us to expand our
unique system for creating and managing safe digital identification
infrastructures in Brazil.
According to Victor Canivell, CEO of Wisekey ELA, "The current
drive to dematerialize both business and government processes in
Brazil will allow Wisekey to actively contribute to the further
development of its buoyant economy". He further adds that "now is the
right time to enter the Brazilian digital identity market, going
beyond the current offerings with more practical solutions".
WISeKey Brasil will extend its presence to all Brazilian States
and main cities, partnering with local software services providers to
respond to the accelerated demand of the private and public sectors
for Internet trust services.

Contact:

Daniel Ybarra
VP Corporate Communications
E-Mail: dybarra@wisekey.com
Phone: +41/22/594'30'00

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