WISeKey Introduces INeS #Think2018, a Security Broker Solution, Designed to Secure Devices, Cloud & IOT Applications, Integrated with IBM's new Watson IoT Platform

INeS' integration with IBM's new Watson Internet of Things (IoT) platform which implements a "message broker" that allows the exchange of information between devices and business applications, provides additional security, authentication and data encryption using Public Key Infrastructure (PKI) technology  

ZUG, Switzerland, Las Vegas - March 20, 2018 - WISeKey International Holding Ltd ("WISeKey", SIX: WIHN), a leading cybersecurity and IoT company, today announced the introduction of WISeKey's Security Broker solution, called INeS. WISeKey's INeS, is a set of cloud components designed for large scale IoT applications and based on standard and proven technologies (PKI, cryptographic Root of Trust, Digital certificates).

The Internet of Things will live up to its promise only if the connected devices, the data they generate, the business applications that control these devices and the services around them, can be fully trusted.  In today's environment, where cyberattacks have become more common and increasingly sophisticated, there is an urgent need to fundamentally rethink the Security Stack for the IOT cloud.

WISeKey's IoT security framework WISeKeyIoT is built on the use of digital certificates stored both in tamper resistant secure elements such as the WISeKey VaultIC407 and Business Applications, while INeS operates in the back-end to enable authentication of these IoT devices and Business Applications.

This solution relies upon the proven ISTANA PKI platform, WISeKey's advanced solution specifically tailored to match the needs of IoT. Using state-of-the-art cryptographic algorithms, the ISTANA PKI platform is designed tomeet the highest standards to issue, manage and validate digital credentials for IoT, and is scalable to support environments with hundreds of millions of devices. Additionally, INeS features Entity Management (Identities, Group, Type, Role, Life Cycle, any custom attributes), Message Security Policy Management and Business Rules Management and it interfaces with both -  the Cloud infrastructure and Business Applications.

INeS is capable to remotely identify credentials and control activation, deactivation, revocation, renewal and securely provision (point to point secure update) for  IOT edge devices and Business Applications.  

INeS' integration with IBM's new Watson Internet of Things (IoT) platform which implements a "message broker" that allows the exchange of information between devices and business applications, provides additional security, authentication and data encryption using Public Key Infrastructure (PKI) technology. 

This solution can be used in multiple industrial applications to: optimize productivity across industries through predictive maintenance on equipment and machinery, create truly smart homes with connected appliances, and provide critical communication between devices including self-driving cars and smart homes. The possibilities that IoT brings to the table are endless.

"With the introduction of INeS, WISeKey has expanded its offerings on IoT security and has become an essential component of any IoT platform.  INeS is designed to help companies optimize and streamline their business and at the same time mitigate revenue loss due to confidentiality issues, liability claims, denial of service attacks and the like," said Carlos Moreno, WISeKey's Senior VP of Partnerships.

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.