WISeKey Launches an Upgraded Version of its WISeID Digital Identity and Privacy Platform

WISeKey Launches an Upgraded Version of its WISeID Digital Identity and Privacy Platform

Geneva and Zug Switzerland – June 29, 2023 – WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions, announced today a major upgrade to its innovative digital identity and privacy platform, WISeID.com, designed to provide users with enhanced protection against identity theft and increase privacy in today's hyper-connected digital world.

The new generation of WISeID builds upon WISeKey’s tradition of pioneering advanced cybersecurity solutions and introduces a suite of significant improvements to further secure users' digital identities and personal data.

NEW FREE IDENTITY VALIDATION: Now all WISeID users can verify their real identity using the computer or phone webcam to capture an identity document (National ID, Driver License, or Passports of most countries are accepted) and do face recognition.

NEW TYPES OF CERTIFICATES: users can now get digital certificates with different validation levels:

• Free Certificates. All users can get free basic certificates, which only contain the email address and are valid for three months.
• Basic Certificates. Users can activate an optional subscription for basic certificates with a validity of two years.
• Advanced Certificates. This subscription will allow users to get certificates that also contain additional information such as name and country, to provide assurance to other people when sending a mail or signing a document. This service requires users to verify their real identity with our new KYC process.
• Advanced PRO Certificates. These certificates will also contain the company information and are suitable for professional use. This requires fulfilling an organization validation process, done by WISeKey.

NEW DOCUMENT SIGNATURE SERVICE: WISeID users now benefit of a free document signature solution. Users can simply sign a PDF document from their computer or mobile, without having to worry about creating and installing certificates in their devices. Our platform generates automatically, and securely single-use certificates whenever is needed to sign a document. The person that signs up can do it for free, and the only requirement is to have a valid WISeID Account and validate their identity.

NEW CORPORATE SERVICE: Companies willing to provide WISeID services to employees or customers can get a corporate account, which gives administrative access to create users and manage their certificates. Corporate users don’t need to do individual identity verification. Corporate customers can also get WISeSign packages that can be shared by all the users to request signatures.

“Our goal is to make available our new security services to all WISeID users,” said Pedro Fuentes, WISeKey’s Trust Services Manager. “This latest update is a leap forward in that mission. We have strengthened our existing free features and added new premium services that will allow users to protect their digital life.”

Privacy is at the core of the new WISeID. Users now have increased control over their personal information, choosing who they share it with and when. Furthermore, an innovative data anonymization feature ensures user activities cannot be traced back to them, further safeguarding their privacy.

Mr. Fuentes added, "We have always believed in the power of technology to protect and empower individuals in the digital realm. With the new WISeID, we are taking another step in ensuring our users can enjoy the benefits of digital connectivity without compromising their privacy or falling prey to identity theft."

WISeID is now available for both new and existing users. With this latest upgrade, WISeID continues to lead the way in the evolution of digital security, ensuring that digital identities remain secure and private in an increasingly connected world.

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 installed base of over 1.6 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 leading edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications 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.

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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.