Meeting this week in Geneva with Mario Garnero after reaching an agreement to launch the second phase of WISekey Brazil with Brasilinvest.

Meeting this week in Geneva with Mario Garnero after reaching an agreement to launch the second phase of WISekey Brazil with Brasilinvest. The agreement includes an injection of capital into WISeKey Brasil by the Brazilian group Brasilinvest, accelerating the setting up of a distribution network in Latin America with 22 subsidiaries to distribute WISeKey technology in a regional 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 Garneiro is also the Chairman of Forum das Americas and president of the United Nations Association-Brazil, both non profitable organizations active in Brazil.


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.