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OFFON

WISEKEY INTERNATIONAL HOLDING AG

(WIHN)
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Press Release: WISeKey, Casper Labs, Ocean Protocol and Fossa Systems to Hold a Special NFT Event on May 18 to Discuss TrustedNFT.IO Platform

05/06/2021 | 12:00pm EDT
 
   WISeKey, Casper Labs, Ocean Protocol and Fossa Systems to Hold a Special 
NFT Event on May 18 to Discuss TrustedNFT.IO Platform 
 
   Geneva, Switzerland -- May 6, 2021: WISeKey International Holding Ltd. 
("WISeKey") (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity 
and IoT company, announced today that on May 18, 2021 will hold "The 
Leading Trusted Non-Fungible Token Webinar" in cooperation with Casper 
Labs, Ocean Protocol and Fossa Systems to discuss the technology behind 
the launch of the first ever Non-Fungible Token (NFT) from Space. A 
PocketPod deployer developed by FOSSA Systems will launch in June 2021 
aboard a Falcon 9 rocket by SpaceX. 
 
   Interested parties can be register at 
https://us02web.zoom.us/webinar/register/WN_Y7FANgpBT_-hrHiv7WN6qA 
 
 
 
 
Date & Time  May 18(th) - 03:00 PM CET 
Title        The Leading Trusted Non-Fungible Token Event 
Speakers     -- Carlos Creus Moreira, CEO and Founder of WISeKey 
              -- Trent McConaghy, Founder of Ocean Protocol 
              -- Ashok Ranadive, Director of Professional Services 
              at CasperLabs 
              -- Chris Boos, CTO of WISeKey (Founder of Arago) 
              -- Sebastien Fanti, CEO and Founder of Lexing 
              -- Julian Fernandez, CEO and Founder of Fossa Sytems 
 
 
   During the webinar WISekey will introduce the TrustNFT.IO platform a 
suite of cutting-edge technologies which in association with Open 
Protocol and CasperLabs will combine the WISeID with NFT transactions to 
ensure users' privacy, security and safety whilst providing access to 
NFT trading. 
 
   WISeKey has joined forces with CasperLabs, the developer of Casper, the 
most reliable and secure blockchain for businesses, to bring trust to 
the hype around NFT with the launch of TrustedNFT.io. This strategic 
partnership will provide a dedicated, secure marketplace on the Casper 
Network for buying and selling NFTs, including artwork and luxury goods. 
The first major auction will occur in Summer 2021, with more information 
to come soon. 
 
   "By combining our Root of Trust with the Casper blockchain, we have 
created an innovative Trust Protocol that enables a wide range of use 
cases and business models, simply not possible with current 
blockchain-based solutions on their own," said Carlos Moreira, Founder 
and CEO of WISeKey. "The first application of this collaboration will be 
the auctioning of digital twins of artwork and luxury collectibles, 
which we indisputably move into the virtual world, yet make their 
illegal use impossible." 
 
   Casper blockchain is the first fully decentralized, truly scalable 
blockchain designed for real-world speed and security. Casper's familiar 
tools, open architectures and expert support make it simple and readily 
accessible for developers, and its public software platform makes 
pricing predictable and transparent for businesses. Unlike first 
generation blockchains, Casper provides an upgradable infrastructure 
that powers innovation and facilitates deployments across public, 
private and hybrid environments. 
 
   "CasperLabs is committed to ensuring successful outcomes for 
organizations looking to build innovative applications on the Casper 
Network," said Mrinal Manohar, Cofounder and CEO at CasperLabs. "Our 
partnership with WISeKey will set a new standard for responsible and 
secure NFT transactions during a period of historic interest. Both teams 
are deeply committed to delivering a more environmentally friendly and 
scalable option for the NFT community as it continues to evolve and 
excite new audiences worldwide." 
 
   Casper Network's Proof-of-Stake (PoS) architecture allows for a higher 
volume of secure transactions with no drop off in performance, while 
producing a fraction of the energy expended by traditional blockchain 
protocols. As interest in NFTs continues to accelerate, both 
organizations are committed to promoting a more environmentally-friendly 
consumption and distribution model. 
 
   With the support of CasperLabs, WISeKey's unique Digital Identification 
NFT platform technology will run on the Casper Network to deliver the 
most secure and scalable blockchain backend for creating real digital 
twins for valuable objects. This unique approach will make it possible 
to mint provenance and a digital version into an NFT that contains smart 
contracts on how the digital twin may be used, removing any uncertainty 
of what an NFT actually means to a collector by delivering authenticated 
digital twins to the art and luxury market. 
 
   WISeKey and Ocean are working together to launch WISeART, a 
decentralized marketplace for physical paintings, sculptures, and more. 
The marketplace will include NFTs to represent the physical work, 
combined with fungible tokens for more fluid price discovery, and enable 
staking on physical artworks. 
 
   The marketplace combines the strengths of WISeKey and Ocean. WISeKey has 
developed specialized chips to link physical items with NFTs, and 
world-class blockchain identity technology. Ocean has developed powerful 
decentralized marketplace technology, battle-hardened in the domain of 
data. Combined with WISeKey's NFTs, this marketplace technology readily 
ports to the domain of physical art and offers other benefits given the 
Ocean team's pioneering experience in blockchain art platforms. 
 
   Purchasing an exclusive piece of art is always a matter of great joy, 
but this purchase comes with the concern that the work may be stolen, 
the art itself may not be an original, or its provenance might not be 
verifiable. While most high-end art collectors find it difficult to stop 
such acts, WISeKey's WISeART technology takes steps to protect exclusive 
pieces of artwork. It combines cutting-edge authentication 
microprocessors with identity blockchain technology, which together with 
on-the-ground measures can ensure the authenticity of the artwork (see 
video 
https://www.globenewswire.com/Tracker?data=-Ceuouv-B1-AxXB5D8xZOAlCUiuw2xgnoWCor_xRWLXEYWiezzdmUuGO9oO1y1PvYwbQ1e1tGiJIGkiGHMWQP2HerdzbvOd1Du4CKyHk9TbUT9IUOi5saTz7YolNJo0F8qRhwS7wp4mW2xL3yhs9cz7h_xILmrZzZ-Z_P4Snjsb0BTw-IskhcJhNYLC5AvjUsNyWUU8GBmoy6ze1dVoRJHivJBdkVdoMhClSaqqeY8Q0HVBOBy6P60eNuYwu2TUyV30Cg5w1EvPF_vsBiniEn2NPjHRu6mnGtRIN9Vdxnu-jkI_CE9xd4bYV3ucsxYT_ehng09hVYIzamQzQOvQDav3hUSR4hX_L4Wop73CLaJjG-P2aDMfYTiM7KbP11RMhz7iMzSxwHFkXBj3GoqYq3716sieRJe89fUWtpLDp_0NLveohF-hnc1x1E6lCJN_wT9t_I_SbVZDzL6kYRdxpjSO3W4v_MtFQFSdx5hBT_ZDeGvdAvfE0j-AM3b8HoTe7 
https://youtu.be/oNvhMvdchGk). Moreover, if the art is stolen, it can be 
traced, making it difficult to be traded on the secondary market. This 
control is possible to practice because each artwork's identity is 
stored on an immutable ledger (blockchain) in the implemented system. 
 
   Press and investor contacts: 
 
 
 
 
WISeKey International Holding Ltd          WISeKey Investor 
 Company Contact: Carlos Moreira            Relations (US) 
 Chairman & CEO                             Contact: Lena 
 Tel: +41 22 594 3000                       Cati 
 mailto:info@wisekey.com info@wisekey.com   The Equity Group 
                                            Inc. 
                                            Tel: +1 212 836-9611 
                                            mailto:lcati@equityny.com 
                                            lcati@equityny.com 
-----------------------------------------  -------------------------- 
 
   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 
https://www.globenewswire.com/Tracker?data=mbYowMlXzLGTwWgYOnYxukHZylUMjaRBm0lRT_Bm56nD8htfb668pHvUgHYCVjatgRR9nUeeNnVwirYLf8Roat9qOo2KIkM1HcUT2bkEhk6fephO-Mjg_2U-mMFZ-szerxH8q-no76m_OqBj28waW2DGGyb9m_xAWBCrgulpeld2eKpBAfCRE2S1FGtdAwmX3LhuepjDH0cilFV-lkt4M5-BOonEj66I3zz7Y1gLoY0RlL0gUOA394I94_E0tzi55Xkk38obrW8s95pYc7VanhnNQsbi1xy3Do8SUaTffnCw5jHQqgf2kupK_HgaSWyz9MXWGaFrtaizatr4gRCCd38AeGhM-u4sN4racVDJBrFI37ii4g2V0HVfyI1ze8x23UJQRzrtx1gF3Q5R7xV_-ywqkBlU4VJ75zWVmhP07_c= 
www.wisekey.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 

(MORE TO FOLLOW) Dow Jones Newswires

May 06, 2021 12:00 ET (16:00 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.04% 34479.6 Delayed Quote.12.61%
NASDAQ COMP. 0.35% 14069.423379 Delayed Quote.9.16%
WISEKEY INTERNATIONAL HOLDING AG -1.31% 1.505 Delayed Quote.22.86%
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Financials
Sales 2021 20,9 M 23,3 M 23,3 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 116 M 129 M 129 M
Capi. / Sales 2021 5,54x
EV / Sales 2022
Nbr of Employees 81
Free-Float 82,3%
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Number of Analysts 1
Average target price
Last Close Price 1,51 
Spread / Highest target -
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Managers and Directors
NameTitle
Joao Carlos Creus Moreira Chairman & Chief Executive Officer
Peter Ward Chief Financial Officer & Executive Director
Hans-Christian Boos Director & Chief Technology Officer
Patrick Williamson Chief Operating Officer
Philippe Doubre Independent Non-Executive Director
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