WISeKey and Group Brasilinvest Join Forces to Launch WISeKey Brasil

    GENEVA, Switzerland, VALENCIA, Spain and SAO PAULO, Brazil, June 25 /CNW/
- WISeKey is expanding its global reach to South America. This cooperation
allows the WISeKey Spanish subsidiary, with head offices in Bilbao, to expand
its cooperation with Brasilinvest to offer WISeKey's technology in both
Spanish and Portuguese speaking countries. WISeKey is currently a leading
provider of Internet security.
    The agreement includes an injection of capital into WISeKey ELA by the
Brazilian group Brasilinvest, accelerating the setting up of a distribution
network in Latin America with 22 subsidiaries and in all Portuguese speaking
countries (Brazil, Portugal, Angola, Cabo Verde, Guinea Bissau and
Mozambique), to distribute WISeKey technology in a market with 1 billion
potential users.
    Carlos Moreira, Founder and President of WISeKey said "this new joint
venture agreement with Brasilinvest will allow us to enlarge our existing
community of users in the targeted markets increasing WISeKey international
positioning and leveraging our unique trust and security model of WISeKey, now
considered as the fastest e-security company in the world.
    Mario Garnero, the Chairman of Brasilinvest Group
http://www.brasilinvest.com.br), a holding company located in Sao Paulo with
interests in the financial, telecommunications, infrastructure, real estate
and agricultural sectors in Brazil and abroad, said: "This agreement to
establish WISekey Brasil will allow us to internalize WISeKey's technology in
our market and to introduce this unique Swiss technology to be used in other
leading Brazilian sectors such as alternative energies. Mr. Mario Garneiro is
also the Chairman of Forum das Americas and president of the United Nations
Association-Brazil, both non profitable organizations active in Brazil.
    WISeKey ELA and Velasco Group's chairman Pedro Luis Velasco, declared:
"WISeKey ELA is delighted to establish this first affiliate in the South
American market. WISekey Brasil will reinforce our existing operations in
WISekey ELA as it will allow us to expand our unique system for creating and
managing safe digital identification infrastructures in Brazil.
    According to Victor Canivell, CEO of Wisekey ELA, "The current drive to
dematerialize both business and government processes in Brazil will allow
Wisekey to actively contribute to the further development of its buoyant
economy". He further adds that "now is the right time to enter the Brazilian
digital identity market, going beyond the current offerings with more
practical solutions".
    WISeKey Brasil will extend its presence to all Brazilian States and main
cities, partnering with local software services providers to respond to the
accelerated demand of the private and public sectors for Internet trust

For further information:

For further information: Daniel Ybarra, VP Corporate Communications,
mailto:dybarra@wisekey.com, +41-22-5943000

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