WISeKey Signs a Strategic Partnership with Bright Oceans Corporation BOCO Inter-Telecom to Deploy WISeID in China

BEIJING and GENEVA, June 11, 2012 /PRNewswire/ --

WISeKey announces a strategic partnership with the Chinese BOCO group to jointly distribute the WISeID solution in the Chinese market and establish a technology center of excellence in China using BOCO facilities and human resources and a local WISeKey team.

WISeKey will assist BOCO in establishing an IT Security practice in China, with the likelihood of expansion to other countries in the region. WISeKey will benefit from BOCO's strategic positioning in the Chinese territory for the localization of WISeKey's WISeID application, as well as further development and enhancement of the solution. The WISeID solution provides consumers with strong and secure storage of Personal Identifiable Information to help prevent identity theft.

The first phase of this strategic partnership starts in June with the launch of a new WISeID adapted for the Chinese market. It will include enhanced features such as face recognition, strong single-sign on authentication to Chinese social networking platforms such as RenRen, and synchronization with private clouds.

"BOCO and WISeKey will establish a Cloud for China targeting potential WISeID communities with the guarantee that their data will remain in the country." Said Mr. Ren Zhijun, BOCO Inter-Telecom President.

"We are very happy to enter this strategic partnership with BOCO as it will allow WISeKey to offer our security solutions in China." said Carlos Moreira, Founder CEO.

BOCO Inter-Telecom was founded in 1995. BOCO is one of the largest software and system integrators of telecom management, information security, and intelligent transport systems in China with a workforce of 1,600 employees worldwide. (http://www.boco.com.cn)

For more about WISeKey visit: http://www.wisekey.com

Contact:
WISeKey SA
Eileen Weinberg
+41-22-594-30-00
eweinber@wisekey.com