WISeKey Protects Sports Revenue and Connects Clubs with their Fans
The new NanoSealRT(TM) and VaultIC155 NFC tags or tokens allied to WISeKey's WISfans® and WISeAuthentic platforms provide sports clubs with a consistent robust way to protect their brands and reinforce their interaction with fans
Geneva, Switzerland - November 5, 2018: WISeKey International Holding Ltd (WIHN.SW, OTTCQX: WIKYY) ("WISeKey"), a Swiss based cybersecurity and IoT company, today announced that it is releasing its new WISfans platform with secure Near Field Communication (NFC) technology support to offer the sports industry a powerful tool to deter counterfeiting of branded merchandise, increase sales and enhance fan interaction.
According to Forbes, the 20 most valuable soccer teams in the world generated an average of $428 million in revenue during the 2016-2017 season (40% more than five years ago). Part of this revenue comes from the sale of branded merchandise. It is estimated that more than half of the world's population, approximately 4.0 billion people, consider themselves to be soccer fans, making it the most popular sport in the world. While sales of branded merchandise for the sports industry continue to grow, counterfeiting has become a major issue for clubs and their fans. WISeKeys' WISfans and its NanoSealRT/VaultIC155 NFC tags/tokens provide sports clubs with a consistent robust way to protect their brands from counterfeiting, while reinforcing their interaction with fans. Specifically, WISfans helps sports clubs:
"WISeKey's proven track record and expertise in brand protection and digital identity management is now available to the sports industry for growing revenue and expanding interaction with fans," said Olivier Debelleix, Director of Brand Protection & Wearable Security Business Unit for WISeKey. "Nowadays, clubs are looking for high-tech tools to secure long term fan retention and loyalty and build relationships which can positively impact their team's profitability. WISeKey is their natural partner."
WISeKey (SIX: WIHN; OTCQX: WIKYY) 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
| WISeKey Investor Relations (US) |
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
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.
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