WISeKey and Turing Cryptography
Start
Joint
Sales
Operations of
Cybersecurity & Trust
Services
WISeKey and Turing Cryptography join forces to
roll out a full suite of TuringSign SSL/TLS services in the
Asia-Pacific region secured by the OISTE/WISeKey Root of Trust.
Turing Cryptography is a subsidiary of CrossCert, Inc. (“CrossCert”
KOSDAQ: 041460), the only Global Certification Authority in South
Korea.
During the first quarter of 2022, commercial
operations have ramped-up, with the launch in Korea and with
immediate plans to extend operations to Singapore, Hong-Kong, and
Taiwan, and a next phase that aims a global reach.
Geneva – March
24, 2022 –
WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY),
a leading cybersecurity and IoT company, and Turing Crypto GmbH
(“Turing Cryptography”), a cybersecurity company based in Berlin,
Germany, with a strong footprint in Asia, North America, and
Europe, announced today the official start of operations and the
generation of the first revenue and positive acceptance of new
customers.
Both companies signed a strategic partnership agreement to
generate revenue and new technology offering. As per the terms of
this agreement, WISeKey and Turing Cryptography have joined forces
to roll out a full suite of TuringSign SSL/TLS services in the
Asia-Pacific region secured by the OISTE/WISeKey Root of Trust.
Turing Cryptography is a subsidiary of CrossCert, Inc. (“CrossCert”
KOSDAQ: 041460), the only Global Certification Authority in South
Korea. In subsequent phases, partners aim to expand the cooperation
by offering complementary solutions, including Turing
Cryptography’s leading FIDO biometric authentication software (with
over one billion transactions to-date) and WISeKey’s end-to-end
Cybersecurity and IoT platform.
The objective of the partnership is to generate synergies by
launching new and innovative cryptographic security solutions in
the Asia Pacific region and other markets. During phase one of this
partnership, both partners have agreed to roll out SSL/TSL products
in the Asia Pacific region. Future synergies are expected to
include joint offerings in AI powered security solutions, where
both companies possess core competencies.
During the first quarter of 2022, commercial operations have
ramped-up, with the initial launch in Korea and immediate plans to
extend operations to Singapore, Hong-Kong, and Taiwan, and a next
phase that aims a global reach.
“The TuringSign SSL service launch in Korea was very promising.
We see remarkably positive response from our customers and this
encourages our imminent roll out plan in Singapore and Hong Kong.
Subsequently, China, Japan and other Asian countries will also be
consolidated. As an innovative new brand with a veteran team of
cybersecurity experts, TuringSign is committed to providing
industry-leading quality and speed at the most affordable price. To
highlight this commitment, we are implementing cutting-edge
distributed networking technologies in our PKI to achieve industry
leading OCSP response times. This optimization drastically enhances
site loading speed of your visitors regardless where they are
connecting from” commented Ricky Wong, Executive Vice President at
Turing Crypto GmbH and former VeriSign APAC sales director.
“We are pleased with the positive outcome of this strategic
partnership, which will allow CrossCert Group and WISeKey to
develop a growing business and offer their new combined
technologies to a larger customer base. We have already identified
new collaboration areas to extend our alliance and develop the IoT
and NFT markets,” said Carlos Moreira, Founder and CEO of
WISeKey.
About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading
global cybersecurity company currently deploying large scale
digital identity ecosystems for people and objects using
Blockchain, AI and IoT respecting the Human as the Fulcrum of the
Internet. WISeKey microprocessors secure the pervasive computing
shaping today’s Internet of Everything. WISeKey IoT has an install
base of over 1.5 billion microchips in virtually all IoT sectors
(connected cars, smart cities, drones, agricultural sensors,
anti-counterfeiting, smart lighting, servers, computers, mobile
phones, crypto tokens etc.). WISeKey is uniquely positioned to be
at the edge of IoT as our semiconductors produce a huge amount of
Big Data that, when analyzed with Artificial Intelligence (AI), can
help industrial applications to predict the failure of their
equipment before it happens.
Our technology is Trusted by the OISTE/WISeKey’s Swiss based
cryptographic Root of Trust (“RoT”) provides secure authentication
and identification, in both physical and virtual environments, for
the Internet of Things, Blockchain and Artificial Intelligence. The
WISeKey RoT serves as a common trust anchor to ensure the integrity
of online transactions among objects and between objects and
people. For more information, visit www.wisekey.com.
About Turing Cryptography
Turing Crypto GmbH (AG Charlottenburg, Berlin, HRB 196097 B) is
an AI powered security company based in Berlin, Germany. The
company offers geographically neutral and price competitive trust
services to secure customer’s website identity. Turing Crypto is a
subsidiary of CrossCert, Inc. (KOSDAQ: 041460), a publicly listed
company and the only Global Certification Authority in Korea. As
the market leader in premium SSL/TLS certificates in Asia Pacific,
the company also offers a wide range of cybersecurity and
authentication solutions. Together with its affiliate AIBrain Inc.,
a leading AI technology company based in Silicon Valley, Turing
Cryptography is developing next-generation security solutions
powered by Artificial Intelligence. For more information about
Turing Cryptography, visit www.turingsign.com. For more information
about CrossCert, visit global.crosscert.com. For more information
about AIBrain, visit www.aibrain.com.
Press and investor contacts:WISeKey
International Holding LtdCompany Contact: Carlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.comWISeKey Investor Relations (US)Contact: Lena
CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com
Turing Crypto GmbHCompany Contact: Ricky
WongExecutive Vice PresidentTel: +852 9038 4574Email
ricky.wong@turingsign.comBusiness contact from Turing Crypto
GmbHContact: Soeren MaerkiDirector, Global Business DivisionTel:
+82 10 5505 3855Email s.maerki@turingsign.com
Disclaimer:
This communication expressly or implicitly contains certain
forward-looking statements concerning WISeKey International Holding
Ltd and its business. Such statements involve certain known and
unknown risks, uncertainties, and other factors, which could cause
the actual results, financial condition, performance, or
achievements of WISeKey International Holding Ltd to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. WISeKey
International Holding Ltd is providing this communication as of
this date and does not undertake to update any forward-looking
statements contained herein as a result of new information, future
events or otherwise.
This press release does not constitute an offer to sell, or a
solicitation of an offer to buy, any securities, and it does not
constitute an offering prospectus within the meaning of article
652a or article 1156 of the Swiss Code of Obligations or a listing
prospectus within the meaning of the listing rules of the SIX Swiss
Exchange. Investors must rely on their own evaluation of WISeKey
and its securities, including the merits and risks involved.
Nothing contained herein is, or shall be relied on as, a promise or
representation as to the future performance of WISeKey.
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