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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  WISeKey International Holding AG    WIHN   CH0314029270

WISEKEY INTERNATIONAL HOLDING AG

(WIHN)
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Allscripts, US leader in healthcare information technology solutions, selects WISeKey to secure its communication systems

10/21/2020 | 12:00pm EST

Allscripts, US leader in healthcare information technology solutions, selects WISeKey to secure its communication systems

Geneva, Switzerland – October 21, 2020: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today a new success story in the US market, after signing a deal with Allscripts to protect mission critical healthcare systems.

The relationship of Allscripts and WISeKey began in 2014, when the companies signed a first deal for Managed PKI services. This new engagement leverages these PKI services to provide more performant dedicated services to manage larger numbers of digital certificates. These certificates can be used to secure the communications of servers and client applications, ensuring the authenticity and confidentiality of all sensitive data.

The COVID-19 pandemic is putting great stress on all healthcare systems, from intensive care units to premature diagnostic services, and all these systems have a big dependency on the performance and security of the supporting IT systems. Companies like Allscripts, a leader in IT systems that support prescriptions processing and other essential healthcare activity, play a crucial role in fighting the pandemic, but are also a target for cybercriminals.

“We are honored that a company like Allscripts trusts the mission-critical security services of WISeKey, which once more demonstrates its capabilities as a Managed PKI services provider,” said Carlos Moreira, WISeKey’s founder and CEO.

“Allscripts has a deep understanding of and takes a serious approach to protecting the safety and security of private data,” said Dave McNamee, VP Transactions and Security Systems. “WISeKey has been a valuable partner in providing the services we need to support security solutions and delivering tools to reduce the costs and efforts in maintaining best practices for securing our solutions.”

WISeKey’s Managed PKI services provide a platform to provision people, applications and objects of strong and trusted digital identities, without the hassle and high investment to deploy a PKI. WISeKey’s trust services are recognised by browsers, operating systems and key applications, allowing a seamless integration and user experience. WISeKey is giving special commercial conditions to companies during these complex days.

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers to make better decisions and deliver better care for healthier populations. To learn more, visit www.allscripts.comTwitterYouTube and It Takes A Community: The Allscripts Blog.

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/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.

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.

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Financials
Sales 2020 15,6 M 17,5 M 17,5 M
Net income 2020 - - -
Net Debt 2020 - - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 51,4 M 57,7 M 57,6 M
Capi. / Sales 2020 3,30x
Capi. / Sales 2021 2,56x
Nbr of Employees -
Free-Float 75,5%
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Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 5,82 CHF
Last Close Price 1,08 CHF
Spread / Highest target 442%
Spread / Average Target 442%
Spread / Lowest Target 442%
Managers
NameTitle
Joao Carlos Creus Moreira Chairman & Chief Executive Officer
Peter Ward Chief Financial Officer & Executive Director
Philippe Doubre Independent Non-Executive Director
David Fergusson Vice Chairman
Eric Pellaton Director
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