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WISeKey SA

WISeKey Brasil launched with Brasilinvest Group at the 2009 World Economic Forum on Latin America

Geneva / Rio de Janeiro, Brazil (ots)

WISeKey, one of the World
Economic Forum founding members of the New Champions, announced today
during their participation at the World Economic Forum in Rio the
establishment of WISeKey Brasil. WISeKey has established a Joint
Venture with Brasilinvest with the objective to use Brazil as the
regional Hub platform for the expansion to Latin America. The project
will establish a regional Hub which will strengthen digital
interrelations between Latin American citizens in order to create a
Latin American identity (I'm Latin American,
www.hightrusted.com/latino-americano ) based on specific regional
attributes (language, nationality, age, professional activity, etc).
The World Economic Forum in Rio with the full support of President
Luiz Inácio Lula da Silva and the Forum's key Strategic Partners,
will reconvene 500 of the most prominent leaders from Latin America
and other parts of the world from 14 to 16 April 2009 in Rio de
Janeiro, Brazil, to build on the success of the World Economic Forum
on Latin America in Cancún, Mexico, in 2008.
The New Champions Community is composed of rapidly growing
companies that have both the aspirations and ability to successfully
expand outside their domestic markets.
The Joint Venture includes an injection of capital into WISeKey
Brasil by WISeKey SA (mother company) and Brazilian group
Brasilinvest, accelerating the setting up of a distribution network
in Latin America for WISeKey technology.
Mario Garnero, the Chairman of Brasilinvest Group, said: "The
launch of WISeKey Brasil with the support of Brasilinvest Group 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 banking and alternative energies.
Carlos Moreira, Founder and President of WISeKey, said: "WISeKey
Brasil objective is to consolidate the e-Security and Digital
Identification market in Brazil and South America. This market is now
very fragmented and requires to be consolidated under a trusted
e-Security brand such as WISeKey. Our expansion in the region will
include strategic acquisitions in the e-Security."

Contact:

Estrella Vela
E-Mail: evela@wisekey.com
Phone: +41/22/594'30'05

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