WISeKey Further
Expands its North American
Footprint with the Signing of
a Sales Representative
Partnership with
CJR Associates
With this new
partnership, which
represents the third agreement signed
since the beginning of 2023, WISeKey
is well positioned to reach potential customers in
the Northeast, Midwest and Southeast
Geneva, Switzerland – March 24, 2023: WISeKey
International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a
leading global cybersecurity, AI and IoT company, announced today
it signed a Sales Representative Agreement with CJR Associates
(http://www.cjr-associates.com/), a leading Sales Representative
organization based in New Jersey. Effective immediately, this
agreement will contribute to the acceleration of the business
expansion in North America for WISeKey’s new subsidiary SEALSQ (aka
WISeKey Semiconductors).
CJR Associates covers a large territory across
the several states, including New York, New Jersey, Washington DC,
Pennsylvania, Ohio and Illinois. With this third partnership signed
since the start of the year, SEALSQ’s aims to push its value
proposition to the entire US Market providing quality sales support
and representation across key geographic areas.
CJR Associates partner already with leading
suppliers in each segment and is committed to leverage their
longstanding experience on the semiconductors market, and their
deep technical expertise to bring SEALSQ’s unique security value
proposition to a large existing customer database. SEALSQ’s
Semiconductors, PKI and Trust Services portfolio will also enable
CJR to address new kinds of customers requiring a complete security
offering.
Long established in the East Coast, CJR services
a broad range of customers and applications. It is a High-Tech
Manufacturer's Rep organization specializing in both Embedded
Semiconductor and Commercial Enterprise Sales. CJR has transformed
from a traditional Semiconductor Rep, into a highly specialized
Embedded and Enterprise Sales Force. In business for 25 years, they
continue to drive outstanding support for clients and
suppliers.
CJR’s team will be supported by SEALSQ’s
existing North American Sales Team and particularly by Ms. Renae
Rae, Director of Sales for the region, who has over 20 years of
senior level business experience, specifically in the
semiconductor, IoT, connectivity, and integration field.
David Khalifa, SEALSQ VP of Global Sales said,
“With this new agreement, we have further expanded our reach into
key markets in North America. We have now created a strong
foundation in several key states stretching from Northeast, Midwest
and Southeast regions and are well positioned to take advantage of
the very strong market demand we are witnessing for our security
semiconductors and Identity Management businesses.”
CJR’s President, Peter RICCA, expressed his
views of the new partnership; "We are extremely pleased to announce
SEALSQ as the latest addition to our growing line card and look
forward to many years of growth and success.”
About CJR
AssociatesCJR has successfully supported and serviced the
largest OEM customers on the east coast for almost 30 years. It is
a High-Tech Manufacturer's Rep organization specializing in both
Embedded Semiconductor and Commercial Enterprise Sales. For more
information, visit http://www.cjr-associates.com/
About SEALSQ:SEALSQ is a wholly
owned subsidiary of the WISeKey Group that focuses on developing
and selling Semiconductors, PKI and Post-Quantum technology
hardware and software products. Our Post-Quantum solutions include
Post-Quantum microchips and devices that can be used in a variety
of applications, from Multi-Factor Authentication devices, Home
Automation, and IT Network Infrastructure, to Automotive,
Industrial Automation and Control Systems.Post-Quantum Cryptography
(PQC) refers to cryptographic methods that are secure against an
attack by a quantum computer. As quantum computers become more
powerful, they may be able to break many of the cryptographic
methods that are currently used to protect sensitive information,
such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to
develop new cryptographic methods that are secure against quantum
attacks.
About WISeKeyWISeKey (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.
Press and investor contacts:
WISeKey
International Holding LtdCompany Contact: Carlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey
Investor Relations (US)Contact: Lena CatiThe Equity
Group Inc.Tel: +1 212
836-9611lcati@equityny.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.
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Jun 2024 to Jul 2024
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Jul 2023 to Jul 2024