SEALSQ To Launch SEALCOIN, a digital token and advanced cryptocurrency protocol, at the Davos Space IoT and Cybersecurity Event on January 17, 2024

Tortola, British Virgin Islands, Jan. 03, 2024 (GLOBE NEWSWIRE) --

January 3, 2024: SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that in a significant leap forward for the IoT industry, it will unveil its revolutionary cryptocurrency protocol, SEALCOIN, during the prestigious Davos roundtable on Space IoT and Cybersecurity. This pioneering event aims to address the critical aspects of cybersecurity in the era of Space IoT.

Davos Space IoT and Cybersecurity Event: WISeSat and SEALSQ “Exploring the Final Frontier: Security in the Space IoT Era”

• Date & Time: January 17, 2024, from 17.00 – 18:00 PM CET
• Location: Europa Hotel, Davos, Switzerland
• Registration: https://www.wisekey.com/davos2024/ (also to be broadcasted via YouTube)
  
  

SEALCOIN is designed as a groundbreaking solution for the emerging Machine-to-Machine (M2M) economy, facilitating seamless data and currency exchanges among billions of internet-connected devices. This innovative protocol enables IoT structures from various companies to autonomously interact and access a wide range of services, transcending conventional currency exchange to encompass a complex network of IoT-enabled transactions and services.

While individual traders can engage with SEALCOIN similarly to other cryptocurrencies, its principal value lies in transforming the economic operations and communications within IoT devices. The introduction of SEALCOIN marks a pivotal moment in the evolution of M2M payments, reshaping the digital transaction landscape within the IoT sphere.

The event will delve into the burgeoning Space IoT, combining the expansive potential of space exploration with IoT practicality. With satellites and space technologies increasingly integrating into our daily IoT networks, addressing cybersecurity challenges has become more urgent and complex. Esteemed experts from aerospace, cybersecurity, and satellite communications sectors will discuss strategies to protect these vital assets from cyber threats, ensuring data integrity, post-quantum safety, and secure communications essential to our modern lifestyle.

Attendees Include:

• Ashok Ranadive, entrepreneur, leader, investor, technologist, and strategist
• Julian Fernandez, CEO & co-founder of FOSSA Systems
• Philippe Monnier, board member of WISeKey, business executive, and interviewer of business & political leaders
• Murat Seitnepesov, managing director and chairman of Integral Group
• Bernardino Copano Abad-Gil, chairman of Bernardino of Abad Logistics
• Ignacio Moldes, CDO & product owner, co-founder of AVANT IoT
• Dr. Yann Donon, director of communication & intelligence of RUAG Innovation Organization
  
  

The event will be moderated by Carlos Moreira, founder, chairman, and CEO of WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), the parent company of SEALSQ.

About SEALSQ:
SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication tokens, Smart Energy, Smart Home Appliances, and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.

Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks.

For more information please visit www.sealsq.com.

Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to implement its growth strategies; SEALSQ’s ability to generate revenue from emerging new semiconductors; SEALSQ’s ability to generate revenue from Matter certification and the new cyber trust mark standards; the successful introduction of the WISeSat picosatellite constellation; SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.

SEALSQ Corp 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.