WISeKey and Group Brasilinvest Join Forces to Launch WISeKey Brasil

WISeKey and Group Brasilinvest Join Forces to Launch WISeKey Brasil

June 25, 2007

    GENEVA, VALENCIA, Spain, and SAO PAULO, Brazil, June 25
/Xinhua-PRNewswire/ -- WISeKey is expanding its global reach
to South America. This cooperation allows the WISeKey
Spanish subsidiary, with head offices in Bilbao, to expand
its cooperation with Brasilinvest to offer WISeKey's
technology in both Spanish and Portuguese speaking
countries. WISeKey is currently a leading provider of
Internet security.

    The agreement includes an injection of capital into
WISeKey ELA by the Brazilian group Brasilinvest,
accelerating the setting up of a distribution network in
Latin America with 22 subsidiaries and in all Portuguese
speaking countries (Brazil, Portugal, Angola, Cabo Verde,
Guinea Bissau and Mozambique), to distribute WISeKey
technology in a market with 1 billion potential users.

    Carlos Moreira, Founder and President of WISeKey, said,
"This new joint venture agreement with 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 considered as the fastest e-security
company in the world."

    Mario Garnero, the Chairman of Brasilinvest Group
(http://www.brasilinvest.com.br), a holding company located
in Sao Paulo with interests in the financial,
telecommunications, infrastructure, real estate and
agricultural sectors in Brazil and abroad, said: "This
agreement to establish WISeKey Brasil will allow us to
internalize WISeKey's technology in our market and to
introduce this unique Swiss technology to be used in other
leading Brazilian sectors such as alternative energies. Mr.
Mario Garnero is also the Chairman of Forum das Americas and
president of the United Nations Association-Brazil, both
non-profitable organizations active in Brazil."

    WISeKey ELA and Velasco Group's chairman Pedro Luis
Velasco, declared: "WISeKey ELA is delighted to
establish this first affiliate in the South American
market. WISeKey Brasil will reinforce our existing
operations in WISeKey ELA as it will allow us to expand our
unique system for creating and managing safe digital
identification infrastructures in Brazil."

    According to Victor Canivell, CEO of WISeKey ELA,
"The current drive to dematerialize both business and
government processes in Brazil will allow WISeKey to
actively contribute to the further development of its
buoyant economy." He further adds that, "now is
the right time to enter the Brazilian digital identity
market, going beyond the current offerings with more
practical solutions."

    WISeKey Brasil will extend its presence to all
Brazilian States and main cities, partnering with local
software services providers to respond to the accelerated
demand of the private and public sectors for Internet trust
services.


    For more information, please contact:

     Daniel Ybarra
     VP Corporate Communications:
     Tel:   [phone]
     Email: [e-mail]