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WISEKEY RECEIVES NEW PATENT IN SINGAPORE TO AUTHENTICATE AND TRACE PHYSICAL OBJECTS ON INTERNET OF THINGS AND OPENS THE ASIAN MARKET FOR THIS TECHNOLOGY

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GENEVA, Aug. 1, 2014 (GLOBE NEWSWIRE) -- WISeKey's patented technology is already proven with more than three years' experience in the luxury industry, the digital brand protection solution "WISeAuthentic" being implemented by several prestigious watch makers. With the latest evolutions this applies to product and object segments as diverse as smartphones, cars, alarms systems, semiconductors, industrial sensors and household appliances. The near future will see all of these objects fully connected to the internet, enabling intercommunication and autonomous machine-to-machine (M2M) data transfer.

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. WISeKey is championing the ever-changing landscape of cyber-security and how the PKI and cyber-security segment of WISeKey lead the industry in reinventing PKI and Trusted Computing as a support to Cyber-Resilience. Early 2013 WISeKey announced in Davos its plans to make its digital identification and encryption technology more easily accessible through its technical advancements, bringing the entire technology suite to identification of objects connected to trusted clouds. This new patent will allow WISeKey to help more organizations, in different markets and sectors, improve globally their resilience against counterfeiting, cyber-attacks, digital identification and traceability of objects. Our industry is on the brink of a major transformation as a more mature and balanced agenda is emerging, along with some basic insights that are guiding growing numbers of organizations and nations worldwide. There is plenty of innovation and collaboration emerging around different regions and industries to tackle these issues.

"The number of connected devices via the upcoming Internet of Things requiring digital identification and security in the world now tops 4 billion and continues to rise rapidly to reach 50 billion by 2020. This trend shows that Swiss neutrality provided by WISeKey is a key asset in ensuring protection for enterprises and consumers worldwide", said Carlos Moreira, WISeKey Founder and CEO.

https://www.wisekey.com/press/patent-singapore/

CONTACT: Satu Kulmala, Tel +41 22 594 3005, skulmala@wisekey.com

Source: WISeKey