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WI Harper, a leading venture capital firms, and WISeKey, a New Champion of the World Economic Forum, announced today in Dalian, China, a deal to establish a Joint Venture in China

WI Harper, a leading venture capital firms, and WISeKey, a New Champion of the World Economic Forum, announced today in Dalian, China, a deal to establish a Joint Venture in China
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Geneva/Dalian, People's Republic of China (ots)

In a bid to
bring leading digital identity solutions to China's large and quickly
developing economy, WISeKey and WI Harper, one of the China's most 
successful venture capital firm, today signed a letter of intent to 
collaborate on developing business opportunities in China.
The agreement between Geneva-based WISeKey with WI Harper, a 
leading venture capital firm with offices in Beijing, Taipei, and San
Francisco, is designed to open the Chinese telecom, mobile, and 
digital media industry to WISeKey eSecurity technologies.
The agreement is aimed at creating convergence in the electronic 
identity ecosystem in China by offering WISeKey's expertise in value 
added services and products to the growing user community of digital 
identification for electronic identity cards, electronic tokens, 
biometric devices, mobile operators, and SIM identification.
"WISeKey is very excited about the prospect of helping China 
deploy digital ID security technologies and solutions on a large 
scale," said Carlos Moreira, WISeKey's chairman and CEO. "We will 
draw heavily on WISeKey's experience in working with small and large 
businesses, consumers, and regulators to help make our partnership 
with WI Harper a great success."
Peter Liu, chairman of WI Harper, said WISeKey's strong knowledge 
of the growing digital security market and issues was the key 
attraction.
"We are very happy to work with a New Champion of the World 
Economic Forum in helping their technology to be deployed in China," 
Liu said. "We believe WISekey's experience in the area of digital 
security will have a significant impact in China when it is combined 
with local manufacturing and electronics industry."

Contact:

Dimitry Léger
Corporate Communications Director
WISeKey SA
Tel.: +41/22/594'30'00
E-Mail: dleger@wisekey.com

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