WISeKey Selected as One of the World’s Top 100 Most Innovative CyberTech Companies
May 18 2023 - 10:45AM
WISeKey
Selected as One
of the World’s
Top 100 Most
Innovative
CyberTech
Companies
List can be found at
https://fintech.global/cybertech100
Zoug and
Geneva – May 18, 2023: WISeKey
International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) a leading
Swiss cybersecurity and Semiconductors company today announced that
it was selected as one of the world’s Top
100 Most Innovative CyberTech companies. Companies
included on this list can be found at
https://fintech.global/cybertech100.
This reward comes as recognition to WISeKey for defining a new
strategic direction that will see it operate as a holding company
of several distinct operational companies covering the full
spectrum of WISeKey-related technologies. Currently, this is
comprised of the Root of Trust and PKI at WISeKey SA,
semiconductors and Quantum technology with SEALSQ and WISeKey
Semiconductors, Space technology using Picosatellites under
WISeSat.Space, and Trusted Blockchain NFT with WISe.ART Corp. Each
of these subsidiaries contribute in meaningful ways to the overall
mission of the WISeKey holding company, while also operating
independently with a specific focus on their particular area of
R&D and expertise and integrating their respective technologies
into the WISeKey platform.
The decision to operate as a holding company of several distinct
operational companies reflects WISeKey International Holding’s
commitment to provide the most comprehensive and effective
cybersecurity platform solutions to its customers. By diversifying
its operations, the holding company is better positioned to meet
the evolving needs of the cybersecurity market while maintaining a
central focus on its core mission of securing the Internet.
Each subsidiary has its own revenue stream and profitability
targets, enabling it to focus on its core strengths and market
opportunities. Each subsidiary has its own maturity stage, with
SEALSQ already in process of independently listing on the NASDAQ,
while the other subsidiaries are still in the start-up phase. These
subsidiaries are aligned with the overall mission of the holding
company that keeps majority ownership and provides managed
financial services guaranteeing a proper operation while at the
same time offering cutting-edge cybersecurity solutions to its
customers.
Over time, the holding company plans to gradually IPO each
independent company as they reach maturity. This approach will
provide each subsidiary with the flexibility to operate
independently while benefiting from the resources and support of
the parent company. It will also create a diversified business
structure that is better positioned to succeed in the rapidly
evolving cybersecurity market.
The CyberTech100 is an annual list of 100 of the world’s most
innovative CyberTech companies. These are the companies every
financial institution needs to know about as they consider and
develop their information security and risk management strategies.
The previous CyberTech100 lists received widespread attention.
Companies that won places on the list generated huge awareness
among financial services organizations and the wider cybersecurity
community. Many were approached directly by financial institutions
while others got a warmer reception from prospective clients and
partners. The list has been updated for 2023 to recognize the next
generation of solution providers shaping the future of the
cybersecurity industry. The list aims to help senior executives and
cybersecurity professionals identify which technology solutions
have market potential and should be part of their integrated
cybersecurity risk management strategy.
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.
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