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WISeKey announces a Joint Venture with I-Teco to establish WISeKey Russia to provide eSecurity and Trusted Cloud Computing services

WISeKey announces a Joint Venture with I-Teco to establish WISeKey Russia to provide eSecurity and Trusted Cloud Computing services
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Geneva/Moscow (ots)

- Indication: Picture can be downloaded free of charge under:
     http://www.presseportal.ch/de/pm/100006027/?langid=2 -
WISeKey, a World Economic Forum High Growth Company, is expanding 
its global footprint via a group of strategic partnerships with key 
partners. WISeKey's global expansion is targeting BRIC economies as a
priority, with several major wins in the latest months in Brazil, 
Russian Federation, India and China. This enhances existing 
operations in the USA and Middle East from the Swiss Hub, converting 
WISeKey to one of the fastest growing eSecurity companies in the 
world. I-Teco is a leading Russian systems integrator and supplier of
information technologies for corporate and state customers, 
established in 1997 with a current turnover of more than 10 billion 
rubles. I-Teco employs more than 1000 people including 800 highly 
skilled IT-specialists, and possesses over 500 industry certificates 
including ISO. I-Teco is among TOP500 Russian largest companies and 
TOP5 consulting groups in development and IT systems integration 
(ratings of "Expert RA"). In 2007 I-Teco was recognized as the IT- 
company of the year in the field of system integration (RBC/CNews 
Awards), and twice - in 2007 and 2009 - as the most attractive 
employer (Superjob.ru).
Carlos Moreira, Founder, Chairman of the Board and CEO of WISeKey 
said: «The economic outlook for Russia is very bright and this joint 
venture enables WISeKey to respond faster to marketplace dynamics. 
Our company will be in a better position to strategically invest in 
Russia and accelerate our growth.» WISeKey's partnership with I-Teco 
establishes an alliance between two leading companies whose values 
and product portfolios represent a rich legacy of bringing leading 
eSecurity technology and services to consumers in Russia and around 
the world. This will allow our company to provide Secure Cloud 
Computing and security services from Russia with a localized High 
Security datacenter in Moscow.
Alexei Remizov, Chairman of the Board of I-Teco said, «The joint 
venture provides WISeKey a platform to expand its successfully 
branded products to the Russian market and to export world class 
Russian technology and services to international markets. WISeKey's 
partnership with I-Teco leverages both firms' strengths and will 
enable us to expand eSecurity and Trusted Services such as Cloud 
Computing and Digital Identification much faster and more efficiently
across Russia and the region, substantially increasing revenues and 
profitability».
Anna Lipowska, Executive Board Member of WISeKey Russia, said: 
«This cooperation allows two leading IT companies to expand their 
business by combining Swiss neutrality, Russian know-how, and state 
of art technologies. This is a powerful model that will be replicated
throughout the Central Eastern Europe (CEE) region.»
Dimitry Malyshev General Manager WISeKey Russia said: «Swiss 
eSecurity combined with the experience and talents of I-Teco experts 
responds to the highest requirements of Russian governmental 
institutions and private sector. The joint venture will manufacture 
next generation eSecurity products in Russia to be distributed 
worldwide.»
Under the Joint Venture agreement, WISeKey and I-Teco will become 
financial and operational founders of the new entity - WISeKey 
Russia, headquartered in Moscow. I-Teco will be the exclusive 
distributor of WISeKey technologies, services and products in Russia 
and will provide WISeKey Russia with the required datacenter 
infrastructure allowing trusted cloud-computing services.
WISeKey ( www.wisekey.com ) is the one of the fastest growing 
eSecurity company in the world. A leading Swiss information security 
and identity management software and services firm headquartered in 
Geneva. Its mission is to facilitate the global growth of secure 
electronic transactions. It does so by supplying businesses, 
governments, and individuals with advanced technology and services 
that authenticates the identity of communicators, signatures, and 
objects during Internet transactions.
I-Teco ( www.i-teco.ru ) I-TECO provides systems of information 
security, integration services, consulting, service support and 
outsourcing, it implements complex, integrated IT-infrastructure 
solutions for major state structures, industrial and 
telecommunications companies, financial and insurance companies and 
small and medium businesses. Since its foundation I-Teco has the 
right to work on projects related to the use of information 
containing state secrets, with the establishment of means to protect 
confidential information, development, production, maintenance and 
distribution of cryptographic tools, having obtained the required 
licenses of the FSB and Russian Federal Service for Technical and 
export control.

Contact:

Carlos Moreira, CEO WISeKey
Tel.: +41/22/594'30'05
E-Mail: cmoreira@wisekey.com

Anna Lipowska WISeKey Russia
Tel.: +41/22/594'30'05
E-Mail: alipowska@wisekey.com

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