Press Release : WISeKey arago AI Technology Deployed by NEORIS to Launch Smart AMS

 
   WISeKey arago AI Technology Deployed by NEORIS to Launch Smart AMS 
 
   NEORIS Smart AMS is a next-generation managed applications and 
infrastructure service using AI-powered Knowledge Automation to create 
greater operational efficiency and lower operating costs. 
 
   Geneva, January 25, 2021 -- WISeKey International Holding Ltd ("WISeKey", 
SIX: WIHN / Nasdaq: WKEY), a recognized leader in cybersecurity and IoT, 
announced today the signing of a strategic partnership between arago 
GmbH ("arago"), a leading business process automation software company 
based in Frankfurt, and NEORIS, a leading global digital accelerator 
based in Miami to bring to market NEORIS' Smart AMS solution. 
 
   Of note, in November 2020, WISeKey reached a binding agreement to 
acquire a 51% majority interest stake in arago.  The acquisition of a 
controlling interest in arago is the initial step in an overall 
transaction which would lead to a combination of the businesses of 
WISeKey and arago during calendar year 2021. 
 
   Smart AMS is a NEORIS next-generation managed applications and 
infrastructure service powered by Knowledge Automation, arago's 
industry-leading Artificial Intelligence (AI) business process 
automation software. Customers can leverage the Smart AMS offering to 
break through the existing scale limitations of RPA and other existing 
process automation software, achieving up to three times higher 
automation rates and up to twice the cost savings. 
 
   Businesses need to do more with fewer resources and existing automation 
approaches are no longer delivering the required operational 
efficiencies to remain competitive. Confronted with long delays in 
problem resolution due to manual processes and the need to supervise 
automations such as RPA, customers are looking for true digital 
transformation that delivers on the urgent need for operational 
efficiency. The NEORIS Smart AMS 
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solution leverages Knowledge Automation, replacing RPA, to accelerate 
customer digital transformations through end-to-end AI powered 
automation. 
 
   Knowledge Automation, developed by arago and the core of the HIRO 
product, takes a unique approach to process automation by using AI to 
autonomously and independently determine how to complete and then 
automate end-to-end tasks based on real time contextual data. Fully 
auditable and only using steps defined and approved by the customer, 
Knowledge Automation delivers significantly higher automation rates at a 
much lower operational cost. 
 
   "We are thrilled to partner with arago to provide our clients with an 
accelerated digital transformation using AI Knowledge Automation that 
maximizes their service efficiency and speed while dramatically reducing 
costs," said Marcos Acosta, Chief Operating Officer at NEORIS. "Smart 
AMS will make an impactful difference on our clients' businesses and 
enable them to meet market demands." 
 
   "arago is excited to partner with NEORIS given their vast experience and 
expertise in Managed Services to bring the benefits of Knowledge 
Automation to a larger customer base," said arago's founder 
Hans-Christian Boos. "We are proud to help make Smart AMS the leading 
next generation Managed Applications and Infrastructure service." 
 
   About NEORIS 
 
   NEORIS is a leading global digital accelerator that co-creates 
disruptive solutions for digitally aspirational companies to boost their 
connections with customers, employees and stakeholders; ignited by 
creative teams with deep industry knowledge and technical expertise. 
Headquartered in Miami, FL., NEORIS has a network of global delivery 
centers, design studios and operations in the U.S., Europe, Latin 
America, and India. More information is available at www.neoris.com, 
LinkedIn 
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   About ARAGO 
 
   ARAGO GmbH, is a German technology private company which aim is to 
provide the benefits of Artificial Intelligence to enterprise customers 
globally through Knowledge Automation. Founded in Frankfurt am Main 1995 
the company uses modern technologies such as inference and machine 
learning in order to automatically operate any business process. 
 
   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  WISeKey Investor Relations (US) 
 Company Contact: Carlos Moreira    Contact: Lena Cati 
 Chairman & CEO                     The Equity Group Inc. 
 Tel: [phone]               Tel: [phone] 
 [e-mail]                   [e-mail] 
---------------------------------  ------------------------------- 
 
   NEORIS Inc., 
 
   Jorge Lukowski 
 
   Marketing and Communication Global Director at NEORIS 
 
   Tel: [phone] 
 
   [e-mail] 
 
   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 the Swiss 
Financial Services Act ("FinSA"), the FInSa's predecessor legislation or 
advertising within the meaning of the FinSA, or within the meaning of 
any other securities regulation. 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. 
 
   The securities offered will not be, and have not been, registered under 
the United States of America Securities Act of 1933, as amended, and may 
not be offered or sold in the United States of America, absent 
registration or an applicable exemption from the registration 
requirements of said Act. 
 
 
 
 

(END) Dow Jones Newswires

January 25, 2021 12:00 ET (17:00 GMT)