WISeKey Announces the Signing of an Agreement (MoU) Establishing WISeKey Uruguay in Order to Establish a Regional Hub in Mercosur

GENEVA, Switzerland and MONTEVIDEO, Uruguay, December 4 /PRNewswire/ -- The global WISeKey affiliate network is now expanding to Mercosur. These affiliates will use the WISeKey Electronic Security Hub to interconnect and share common technology, products and services. Operation of these trust infrastructures will enable intraoperative Internet services through the agreement signed by WISeKey and the International Telecommunications Union

(http://www.itu.int/ITU-D/e-strategies/MOU/MoU%20World%20e-Trust- Information%20Note.pdf) (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)

WISeKey currently has affiliates in Brazil, Chile, Colombia, Mexico, Uruguay, Venezuela, USA, Germany, Benelux, Bulgaria, Spain, France, Hungary, Italy, Monaco, Sweden, Switzerland, Saudi Arabia, China, UAE, Egypt, Libya and Turkey.

With this model, WISeKey delivers global solutions to local communities, creating one of the most widely used networks on the Internet, including: state agencies, national telecommunications companies and e-commerce service providers. This is helping accelerate the PKI 2 movement, which consists of using Web 2.0 transaction services for Digital Identification.

"Establishing a Hub in Uruguay to boost our activities in the Mercosur region is a very strategic step for WISeKey, as it allows us to unite many projects of great technological and commercial interest in the region, while at the same time expanding into other markets. Likewise, it will allow us to connect the Mercosur Hub to the Hub we are currently installing in Malaga, Spain to create a link between the European Union and Africa (http://www.finanzas.com/id.9199807/noticias/noticia.htm), enabling the use of digital identification among 3 continents," said Carlos Moreira, Chairman and CEO, WISeKey.

"In order to speed up the establishment of WISeKey Uruguay and develop a regional Hub, WISeKey is planning on undertaking acquisitions and strategic alliances in the region, for the purpose of consolidating Uruguay's position as a Hub capable of supporting the latest technological innovations.

WISeKey has reached an agreement to purchase elsitio.com Uruguay in order to expand its Internet trust services in Mercosur. This agreement also includes the launch of a new, innovative service that associates Digital trust IDs to local press and media, advertising and digital content in Spanish", asserted Leandro Anon, CEO of El Sitio.

WISeKey is one of the major electronic ID providers worldwide, and as a Swiss company, it allows for a unique level of trust on the Internet. Electronic IDs are used to protect transactions, access physical and virtual locations and to provide non-refutable identification (ID documents, etc.).

WISeKey has broad experience executing complex e-security projects.

Internet: http://www.wisekey.com

    
    Daniel Ybarra, VP Corporate Communications,
    E-Mail: dybarra@wisekey.com,
    Tel.: +41-22-594-30-00.