WISeKey Further Expands its Taiwan
Footprint with the Signing of a
Distribution Agreement with Holy Stone
GENEVA – September 28,
2023: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN,
NASDAQ: WKEY), a leader in cybersecurity, digital identity,
and Internet of Things (IoT) solutions operating as a holding
company, today announced that its Semiconductors & PKI
subsidiary SEALSQ Corp. (“SEALSQ”) (NASDAQ: LAES) signed
a Distribution Agreement with Holy Stone Enterprise Co., Ltd (“Holy
Stone”), a Taiwanese semiconductor distributor. Effectively
immediately, this agreement will contribute to the further
expansion of SEALSQ’s footprint in Taiwan.
Through this agreement, SEALSQ will leverage
Holy Stone’s market knowledge, its relationships with key players
in Taiwan, and strong technical expertise. Holy Stone is committed
to bringing WISeKey’s unique security value proposition to its
large customer base. SEALSQ’s Secure Elements, PKI, and trust
service portfolio will also enable Holy Stone to address the needs
of its existing and potential customers requiring a complete suite
of security offerings.
Holy Stone will be supported by SEALSQ’s
Taiwan-based sales & application team, and particularly by Ken
Chen, Director of Sales for the region. Mr. Chen has over 20 years
of senior level business experience, especially in semiconductors,
IoT connectivity and integration field.
David Khalifa, VP of Global Sales for WISeKey
said, “We are delighted to sign Holy Stone as our distributor in
Taiwan. Working with Holy Stone will better position SEALSQ to
bring our highly differentiated end-to-end security solutions to
customers. Taiwan is a key market place for IoT ODM/OEM and we are
well positioned to multiply our touchpoints in the country and
capitalize on several new opportunities arising from the growing
demand for our offerings.”
Holy Stone’s Vice President and General Manager,
Justin Huang, expressing his views of the new partnership, noted,
“We are excited to be working together with SEALSQ in offering
complete security solutions, targeting particularly Smart City
& Smart Home applications. This partnership enables us to bring
the latest advancements in technology to our customers. We look
forward to a successful collaboration with SEALSQ.”
About Holy
StoneHoly Stone Enterprise Co., Ltd. (“Holy Stone”) was
founded and headquartered in Taipei, Taiwan in 1981. After years of
development, Holy Stone has more than 1,000 employees across the
world.
Of all the electronic components suppliers, Holy Stone is one of
the few which not only owns sales and marketing channel for both
active and passive components, but manufactures its own products.
Factory in Longtan was built in 1999, producing MLCC under house
brand and merchandising with custom skills throughout the world
ever since. Taking pride in meeting various needs of diversified
clientele, Holy Stone has built trust, credibility and long-term
relationship with customers. On top of a manufacturer, Holy Stone
also serves as a semiconductor components agent, partnering with
world-class suppliers, providing total solutions and a wide range
of components, and initiating operating value for
clients.https://www.holystone.com.tw/
About SEALSQSEALSQ (Nasdaq:
LAES) is a 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. For
more information, visit www.sealsq.com.
About WISeKeyWISeKey
International Holding Ltd ("WISeKey", SIX: WIHN; Nasdaq: WKEY) is a
global leader in cybersecurity, digital identity, and IoT solutions
platform. It operates as a Swiss-based holding company through
several operational subsidiaries, each dedicated to specific
aspects of its technology portfolio. The subsidiaries include (i)
SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI,
and post-quantum technology products, (ii) WISeKey SA which
specializes in RoT and PKI solutions for secure authentication and
identification in IoT, Blockchain, and AI, (iii) WISeSat AG which
focuses on space technology for secure satellite communication,
specifically for IoT applications, and (iv) WISe.ART Corp which
focuses on trusted blockchain NFTs and operates the WISe.ART
marketplace for secure NFT transactions.
Each subsidiary contributes to WISeKey's mission
of securing the internet while focusing on their respective areas
of research and expertise. Their technologies seamlessly integrate
into the comprehensive WISeKey platform. WISeKey secures digital
identity ecosystems for individuals and objects using Blockchain,
AI, and IoT technologies. With over 1.6 billion microchips deployed
across various IoT sectors, WISeKey plays a vital role in securing
the Internet of Everything. The company's semiconductors generate
valuable Big Data that, when analyzed with AI, enable predictive
equipment failure prevention. Trusted by the OISTE/WISeKey
cryptographic Root of Trust, WISeKey provides secure authentication
and identification for IoT, Blockchain, and AI applications. The
WISeKey Root of Trust ensures the integrity of online transactions
between objects and people. For more information on WISeKey's
strategic direction and its subsidiary companies, please visit
www.wisekey.com.
Press and investor contacts:
WISeKey
International Holding Ltd Company 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
the Swiss Financial Services Act (“FinSA”), the FInSa's predecessor
legislation or advertising within the meaning of the FinSA.
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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