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Tortola, British Virgin Islands, December 26, 2023 (GLOBE NEWSWIRE) —
SEALSQ appoints Vice President of Global Sales
December 26, 2023: SEALSQ Corp (“SEALSQ” or the “Company”) (Nasdaq: LAES) is a company focused on developing and selling semiconductor, PKI and post-quantum technology hardware and software products. Today announced the appointment of Franck Buonanno as Vice President of Global Sales for Semiconductor and PKI Activities, effective immediately.
Mr. Buonanno joined WISeKey International Holding Ltd (“WISeKey”) (ticker: WIHN; Nasdaq: WKEY), SEALSQ’s parent company, in August 2021 as European Sales Director. In his new role as Vice President of Global Sales for SEALSQ, Mr. Buonanno will be responsible for leading the company’s global sales efforts.
Mr. Buonanno has a thirty-year career in embedded electronics, with extensive experience in high technology, international business development and management responsibilities. Most recently, Mr. Buonanno spent over 15 years at ATMEL, a leading global semiconductor company, where he held senior international sales management positions.
Throughout his long career, Mr. Buonanno has demonstrated outstanding leadership capabilities by effectively managing engineering and sales teams and an extensive distribution and representative network. His proven ability to guide diverse teams toward common goals makes him a results-oriented leader.
Mr. Buonanno’s global perspective, successful experience establishing sales offices and distribution networks in many countries, and his proven track record of developing and growing businesses through direct and channel sales make him the right leader for SEALSQ’s global sales expansion.
SEALSQ founder and CEO Carlos Moreira said: “Franck’s leadership and experience will be a valuable asset to SEALSQ as we pursue global expansion. Franck will lead SEALSQ’s sales in cybersecurity, IoT and anti-counterfeiting, and Drive profitable growth across geographies. His responsibilities include strengthening SEALSQ’s business in the U.S. and Asia and executing our growth plans for further expansion in these regions.”
Franck Buonanno added: “I am delighted to take on this new challenge as part of the SEALSQ team. I look forward to continuing to work with such an incredibly innovative team to further expand our sales and existing relationships, and build new and meaningful relationships with our customers and partners around the world.”
About the SEALs:
SEALSQ focuses on selling integrated solutions based on semiconductors, PKI and supply services, while developing post-quantum technology hardware and software products. Our solutions can be used in a variety of applications, from multi-factor authentication tokens, smart energy, smart appliances and IT network infrastructure, to automotive, industrial automation and control systems.
Post-quantum cryptography (PQC) refers to cryptographic methods that are resistant to quantum computer attacks. As quantum computers become more powerful, they may be able to break many of the encryption methods currently used to protect sensitive information, such as RSA and elliptic curve cryptography (ECC). PQC aims to develop new encryption methods that are resistant to quantum attacks.
For more information, please visit www.sealsq.com.
About WISeKey
WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; NASDAQ: WKEY) is a global leader in cybersecurity, digital identity and IoT solution platforms. It is a Switzerland-based holding company that operates through multiple operating subsidiaries, each dedicated to specific aspects of its technology portfolio. These subsidiaries include (i) SEALSQ Corp (NASDAQ: LAES), focused on semiconductors, PKI and post-quantum technology products; (ii) WISeKey SA, focused on IoT, blockchain, security authentication and identification RoT and PKI solutions in the field. (iii) WISeSat AG focuses on space technology for secure satellite communications, especially IoT applications, and (iv) WISe.ART Corp focuses on trustworthy blockchain NFTs and operates the WISe.ART market to enable secure NFT transactions.
Each subsidiary is committed to WISeKey’s mission of protecting cyber security while focusing on their respective areas of research and expertise. Their technology is seamlessly integrated into the comprehensive WISeKey platform. WISeKey uses blockchain, artificial intelligence and IoT technologies to protect the digital identity ecosystem of individuals and objects. WISeKey has deployed more than 1.6 billion microchips in various IoT fields and plays a vital role in protecting the Internet of Everything. The company’s semiconductors generate valuable big data, which can be analyzed through artificial intelligence to achieve predictive equipment failure prevention. WISeKey is trusted by the OISTE/WISeKey cryptographic root of trust to provide secure authentication and identification for IoT, blockchain and artificial intelligence applications. The WISeKey root of trust ensures the integrity of online transactions between things and people. For more information about WISeKey’s strategic direction and its subsidiaries, please visit www.wisekey.com.
forward-looking statements
This communication contains, expressly or implicitly, certain forward-looking statements regarding SEALSQ Corp and its business. Forward-looking statements include statements about our business strategy, financial performance, operating performance, market data, events or developments that we expect or anticipate will occur in the future, and any other statements that are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. These statements involve known and unknown risks and are based on a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. We believe that important factors that could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ’s ability to implement its growth strategy; SEALSQ’s ability to generate revenue from emerging semiconductors; SEALSQ’s adoption of Matter certification and new networks The ability of the Trust Mark Standard to generate revenue; the successful launch of the WISeSat picosatellite constellation; SEALSQ’s ability to continue to enter into beneficial transactions with significant parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and as discussed in SEALSQ’s filings with the SEC risks of. SEALSQ’s reports filed with the SEC further describe risks and uncertainties.
SEALSQ Corp is providing this press release 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.
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