WISeKey Granted Canadian Patent for the Digital Identification of Valuable Goods
WISeKey Granted Canadian Patent for the Digital Identification of Valuable Goods
ZUG, SWITZERLAND- April 6, 2016- WISeKey International Holding Ltd (SIX: WIHN), announces that the Canadian Patent and Trademark Office has [on April 5, 2016], granted a new patent to WISeKey titled “Method and apparatus for digital authentication of valuable goods”, that covers an invention related to the useof strong digital identification authentication provided by WISeKey which combined with OISTE.ORG allows valuable objects on the Internet to be authenticated using digital identification.
WISeKey’s patented technology is already proven in Switzerland with more than three years’ experience in the luxury industry, the digital brand protection solution “WISeAuthentic” being implemented by several prestigious watch makers.
This patented technology opens up tremendous possibilities and industry leadership for WISeKey in terms of certifying, connecting, and insuring objects and storing the ensuing data in a secure, trusted cloud environment. We are now on the threshold of a fourth phase in the evolution of the Internet, what is called the Embedded Internet, a network space where billions of intelligent embedded devices will be connected.
Many countries are already working on what we call Industry 4 which is the next stage of industrial manufacturing and a paradigm shift toward smart factories which could be the advent of a fourth industrial revolution. So are we in fact on the verge of a fourth revolution with $14.4 Trillion of Value at Stake for Companies and Industries.
WISekey has already received patents in USA http://goo.gl/ozgOQm, Switzerland and now Canada.
Carlos Moreira, WISeKey’s CEO noted, “This patent gives us the opportunity to access the Canadian market for authenticating valuable goods through digital certificates. Our digital world is changing rapidly and Embedded Internet has now become part of our lives. The demand for internet-connected products and embedded systemsis growing. Currently there are more than 10 billion wirelessly connected devices in the market, and more than 30 billion devices will be wirelessly connected by 2020 – the Internet of Things to become the Internet of Everything.We have positioned our Company well to take advantage of these opportunities in Europe, US and with this patent, in Canada.”
About WISeKey
WISeKey is one of the world’s fastest-growing cybersecurity companies and a global growth company partner of the World Economic Forum. WISeKey provides specialized technologies for data protection, effective authentication and identification and authentication of people and objects to ensure secured communications and transactions without compromising trust. WISeKey runs its own Root of Trust cybersecurity platform and identity-based data security solutions for international organizations, governments, enterprises, and financial institutions spanning 102 countries. WISeKey is headquartered in Geneva with operations in Vietnam and the US. It intends to aggressively build out its US operations with hubs in California and Maryland. WISeKey has already embedded root of trust based security in over 2.6 billion browsers, sensors and wearables in addition to offering the industry’s trusted suite of IoT security products using the fact that authentication is becoming an increasingly important cybersecurity IoT consideration.
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. (ultram)
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.
Contacts
For further information, please contact:
WISeKey International Holding Ltd:
WISeKey:Youmna Abisaleh, Head of Marketing and Sales Tel: +41 22 594 30 40 Email: yabisaleh@wisekey.com |
Investor Relations:Lena Cati, The Equity Group, Inc. Tel : +1 212-836-9611 Email: lcati@equityny.com |