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WISeKey International Holding Announces New Organizational Structure to Reflect its Next Phase of Growth and Global Expansion

WISeKey International Holding Announces New Organizational Structure to Reflect its Next Phase of Growth and Global Expansion

Geneva, Switzerland - December 21, 2017 - WISeKey International Holding Ltd ("WISeKey" or the "Company") (SIX: WIHN) today announced its new organizational structure which reflects the Company's evolvement into a global organization following the full integration of the two recently acquired companies into its vertical platform, and the next phase of its growth and expansion.

While 2016 was a transformational year for the Company, during 2017 WISeKey evolved into a global cybersecurity/IoT player and the only cybersecurity/IoT platform offering end-to-end trusted solutions due to a well thought and well executed business plan.

Today, WISeKey offers a comprehensive and integrated trusted platform of services by combining cybersecurity, Root of Trust along with IoT, semiconductors and blockchain. This platform is the key differentiator that sets WISeKey apart from its competitors, creates substantial cross-IP and cross-selling opportunities and will be the catalyst of the Company's expected growth from innovative technologies and client acquisitions, for years to come.

To reflect this new phase, while WISeKey will continue to operate with two distinct business segments - CyberSecurity Sass and Semiconductors - each segment will be reorganized (internally and as part of the WISeKey organization) aiming to streamline end-to-end sales process, expand cross selling opportunities, and improve efficiencies and collaboration between international offices/teams (Switzerland, France, Spain, Germany, Italy, Belgium, U.K., The Netherlands, U.S.A, India, Singapore, Japan, Bermuda and Taiwan) of over 170 people.

Key appointments include:

  • Roman Bruner, Chief Revenue Officer, WISeKey International Holding
  • Pedro Fuentes, Chief Security Officer, WISeKey International Holding
  • Carlos Moreno, Vice President, Corporate Alliances & Partnerships, WISeKey International Holding
  • Dourgam Kummer, Managing Director, WISeKey CyberSecurity SaaS
  • Bernard Vian, Managing Director, WISeKey Semiconductors
  • Gaetan Egloff, Head R&D and Vietnam Lab, WISeKey International Holding
  • Tony Nagel, Chief Development Officer, WISeKey International Holding
  • Jean-Pierre Pennacino, Finance Projects, WISeKey International Holding
  • Thomas Moretti, Senior Vice President, Signing Solutions and PKI for IoT, WISeKey CyberSecurity SaaS
  • Robert Frank, Country Manager and Vice President of Sales, WISeKey CyberSecurity SaaS, Germany
  • Reto Scagnetti, Country Manager, WISeKey CyberSecurity SaaS, Switzerland
  • Lex Samuel, Country Manager, WISeKey CyberSecurity SaaS, Netherlands
  • Wim Mintiens, Country Manager, WISeKey CyberSecurity SaaS, Belgium
  • Simon Knight, Country Manager, WISeKey CyberSecurity SaaS, U.K.
  • Isabelle Pecharroman, Head of HR, WISeKey Semiconductors
  • Stephen Davidson, Marketing, WISeKey CyberSecurity SaaS
  • Barry Kilborn, Risk and Compliance, WISeKey CyberSecurity SaaS

Today's cybersecurity trends are evolving at an overwhelming pace and information security and secure communication are becoming one of the largest challenges facing both governments and private sector and have been identified as mega trends of the global digitalization and IoT. The overall WISeKey objective to provide secured solution including hardware and software components, is viewed as visionary and a unique platform. This was achieved by a combination of factors, including the strategic decision WISeKey made to target and complete strategic acquisitions which have provided the Company with an unparalleled vertically integrated digital identity, security and IoT ecosystem of products and services.

"Through the reorganization of our corporate structure and individual business units, we are putting in place appropriate managerial disciplines and are setting the right goals to fully realize the potential of our core business, facilitate the speed and effectiveness of our transformation and prepare us for the next phase of our growth and global expansion," said Carlos Moreira, Founder and CEO of WISeKey.

About WISeKey:
WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems with a patented process. 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.

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Press and investor contacts:

WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US)
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@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.

Source:Wisekey International Holding SA