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WISeKey SA

WISekey ELA expand its cooperation agreement between Brasilinvest and the Velasco Group for the deployment of WISeKey digital identity and esecurity technologies in South America and Portuguese Speaking countries

WISekey ELA expand its cooperation agreement between Brasilinvest and the Velasco Group for the deployment of WISeKey digital identity and esecurity technologies in South America and Portuguese Speaking countries
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Bilbao/Geneva/Sao Paulo (ots)

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The combined Spanish and Portuguese community is one of the largest
ecosystems with a potential reach of over 1 billion people worldwide
and will allow WISeKey to enter into new markets as providing
e-security for alternative energy sectors.
The Spanish subsidiary of the
Swiss eSecurity company WISeKey (http://www.wisekey.com) WISeKey ELA,
with head offices in Bilbao, is to expand in cooperation with
BrasilInvest the use of Wisekey technology in both Spanish and
Portuguese speaking countries. WISeKey SA is currently a leading
provider of numerical security and trust service infrastructures for
Internet.
The project is the result of an agreement, signed in Bilbao
between Carlos Moreira, founder and President of WISeKey, Pedro
Velasco, President of the Velasco Group and Mario Garnero, President
of BrasilInvest. The agreement will result on a Joint Venture company
created by the 3 groups to set up a distribution network in Latin
America with 22 subsidiaries and all Portuguese speaking countries
(Angola, Macau, Brazil, Portugal, Cabo Verde, Guinea Bissau and
Mozambique), all working to distribute WISeKey technology in a market
with 1billion potential users.
Carlos Moreira, Founder and President of WISekey said "this new
agreement with the Velasco Group and Brasilinvest will allow us to
enlarge our existing community of users in the targeted markets
increasing WISeKey international positioning and leveraging our
unique trust and security model of WISekey, now consider as the
fastest esecurity company in the world.
Mario Garnero, the Chairman of Brasilinvest Group
(http://www.brasilinvest.com.br), a holding company located in São
Paulo with interests in the financial, telecommunications,
infrastructure, real estate and agricultural sectors in Brazil and
abroad,  said: "This agreement between Portuguese and Spanish
speaking groups will allow us to internationalize the unique
technology developed by WISeKey in our markets and will allow us to
bring this unique Swiss technology to be used in other leading
Brazilian sectors such as alternative energies. Mr. Mario Garneiro is
also the Chairman of Fórum das Américas and president of the United
Nations Association-Brazil, both non profitable organizations active
in Brazil.
Velasco Group chairman Pedro Luis Velasco, quoted: "the WISeKey,
Velasco Group and Brasilinvest will reinforce our existing operations
in WISekey ELA as it will allow us to expand our revolutionary system
for creating and managing safe numerical identification
infrastructures in Latin America and the rest of Portuguese speaking
countries".

Contact:

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

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