WISEKEY INTERNATIONAL HOLDING AG

(WIHN)
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Delayed Swiss Exchange  -  05/20 11:30:39 am EDT
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WISeKey Appoints Ben Stump as Chief Revenue Officer to Drive the Next Phase of its Global Growth

07/27/2020 | 01:00am EDT

WISeKey Appoints Ben Stump as Chief Revenue Officer to Drive the Next Phase of its Global Growth

Geneva, Switzerland – July 27, 2020: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that it has appointed Ben Stump as its Chief Revenue Officer with global responsibility for sales and marketing.  Mr. Stump brings nearly 25 years of experience and proven success in sales, marketing, innovation and technology.

“Ben is an accomplished leader with deep industry expertise who is a welcomed addition to our executive leadership team,” said Carlos Moreira, WISeKey’s Founder and CEO.  “His leadership experience in Digital Transformation, IoT ecosystems and Brand Protection, coupled with his strategic sales approach will deliver market leading solutions that provide tangible ROI for our customers as we collectively continue the digital transformation.”

Mr. Stump was most recently WISeKey’s VP of Business Development, Brand Protection & Customer Engagement for the U.S.  Prior to joining WISeKey, Mr. Stump was Chief Technology Officer at OpSec Security where he developed and implemented OpSec’s digital transformation and introduced SaaS offers for supply chain management with blockchain technology, consumer engagement and license management, as well as managed service offers for online brand protection.  Prior to OpSec, he held executive management positions with Westell Technologies, Kentrox, Digicel, and Telcordia. 

“WISeKey is at the leading edge of delivering unique solutions that bring the IoT to secure life,” said Mr. Stump.  “The combination of secure semiconductors, secure digital identities and value-added applications gives WISeKey an unparalleled and unique position in the market and I am excited to continue to be part of the Company’s growth and success in delivering innovative solutions.” 

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 2022 24,8 M 25,4 M 25,4 M
Net income 2022 -21,2 M -21,8 M -21,8 M
Net cash 2022 31,0 M 31,7 M 31,7 M
P/E ratio 2022 -
Yield 2022 -
Capitalization 34,4 M 35,2 M 35,2 M
EV / Sales 2022 0,14x
EV / Sales 2023 0,29x
Nbr of Employees 136
Free-Float 77,5%
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Managers and Directors
Joao Carlos Creus Moreira Chairman & Chief Executive Officer
Peter Ward Finance Director
Hans-Christian Boos Director & Chief Technology Officer
Carlo Schüpp Chief Operating Officer
Philippe Doubre Independent Non-Executive Director
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