WISeKey's VaultIC Microprocessor Secures Cold Wallets and Offers 
Security and Ease-of-Use for Bitcoin and Other Cryptocurrency Users 
 
   For more information visit: 
https://www.globenewswire.com/Tracker?data=wI91o_EBddH3Bt5t_g7AiKYiry2vyiFGoN8WigYKOrvXHiF3xcBMyw1WOuWjUuJ1r_K5lrYUkE_QEpKq20ow2o-iDM5CjWjDIpQia0-i1gVfGDo0QilQxgvSLKqpfkTeqDUqyK5k_wChwzcfgLsAboltxPi-r9LKYAkUHS2QnrQWADW7XuzwCNvqQyWfQNIjqCHbw0DUllXQDJPbgHgTaouww3_GNVk0DyAoTmkPN07OIwBcaLReVjqwtuTf-Dn5 
https://www.wisekey.com/products-services/secure-semiconductors/secure-elements/ 
 
 
   ZUG, GENEVA, Switzerland -- January 27, 2021- WISeKey International 
Holding Ltd ("WISeKey", SIX: WIHN / Nasdaq: WKEY), a recognized leader 
in cybersecurity and IoT, today announced that its semiconductor VaultIC 
secures Cold Wallets with a contactless hardware that enables the wallet 
to offer security and ease-of-use to Bitcoin and other cryptocurrency 
users. 
 
   Cold Wallets are the safest option to store private keys as these 
wallets are not connected to the internet and therefore reduce the risk 
of being compromised. Cold Wallets cannot be infected by computer 
viruses because private keys never come in contact with 
network-connected devices or potentially vulnerable software. 
 
   VaultIC is a family of tamper resistant secure chips with firmware that 
brings digital security and cryptographic functions to Cold Wallets and 
other cryptographic enabled devices, as part of WISeKey's scalable 
security framework. These chips provide configurable cryptographic 
services for authentication, data confidentiality and integrity check. 
VaultIC offers a wide bundle of standard, NIST-recommended cryptographic 
algorithms (such as ECC, RSA, ECDSA, AES, SHA) and associated key 
lengths. A certified hardware-based True Random Number Generator 
complements this set of features. VaultIC also provides on-chip secure 
data storage for secret keys, certificates, and data. VaultIC comes with 
a rich software environment including tools for protected boot, secure 
firmware update for IoT devices and secure communication (SSL/TLS) 
stacks. 
 
   Cold Wallets protected by WISeKey VaultIC semiconductors provide the 
most secure way to store Bitcoins or other cryptocurrencies by offering 
contactless access to their private key and the ability to make 
contactless transactions and payments. VaultIC secured Cold Wallets use 
a combination of Near Field Communication ("NFC") technology with highly 
secured solutions provided by the WISeKey Semiconductors. 
 
   While the exchanges and software wallets continue to get hacked, the 
hardware Cold Wallets have gained popularity as they are providing the 
most secure solution for transaction and payments. VaultIC secured Cold 
Wallets have now become contactless and users can establish multiple 
private keys into the secure store using the same app and access these 
private keys while making transactions in contactless mode. 
 
   To empower a seamless cryptocurrency enabled economy, VaultIC is 
supplemented with additional WISeID highly secured solutions (biometrics 
enabled variants also available), integrated exchange platforms, 
NFC-based contactless payment solutions, etc. 
 
   While all these security and ease of use features are very important, 
there must be a proper recovery option for the wallet when the hardware 
storage is lost, broken, or stolen. Thus, a backup copy of all private 
keys is stored in the military grade bunkers in the Swiss Alps with 
proper Hardware Security Module (HSM) and sophisticated recovery 
mechanisms are in place for a reliable and consistent Wallet solution. 
 
   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: +41 22 594 3000               Tel: +1 212 836-9611 
 info@wisekey.com                   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 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.

(END) Dow Jones Newswires

January 27, 2021 12:00 ET (17:00 GMT)