WISekey reaches an agreement with the Liaoning Government to establish a WISekey Anti Counterfeiting Center at the Liaoning Watch Factory

WISekey reaches an agreement with the Liaoning Government to establish a WISekey Anti Counterfeiting Center at the Liaoning Watch Factory, located in Dandong City.

Liaoning Province, is one of China's biggest watch movement manufacturers with over 50 years experience. The range of movements made by the factory include hand-winding tourbillons, automatic chronographs and several variants of the Chinese Standard movement including skeleton and open-heart. Liaoning Watch Factory is a major supplier of movements to Million Smart Enterprises and other OEM companies.

The agreement will allow WISekey unique breakthrough solution to help reduce counterfeiting among the luxury watch industry and to protect the 3 million watches produced at the Liaoning Watch Factory. This solution arrives during a period on which the watch industry is also impacted by the crisis and needs to reassure its clients.

The Liaoning Watch Factory will use WISekey technology WISeAuthentic®, a certification system of authenticity through a smartcard.to secure their local production.

"Counterfeiting represents approximately five to seven percent of all world trade," said Carlos Moreira, CEO of WISeKey. "Therefore, with the luxury brand industries estimated to reach one trillion dollars (US) by 2010, these companies need a solution that will prove authenticity. We are pleased that WISeKey technology can be used in the fight against counterfeiting."

XIII Annual MIT Latin American Conference:

XIII Annual MIT Latin American Conference: Latin America’s top business leaders to gather at MIT to explore building a solid financial base for a sustainable future
Conference open free of charge to the public

CAMBRIDGE, Mass.--(BUSINESS WIRE)--In the wake of the Great Recession, Latin American countries face the challenge of building a solid financial base while providing quality education for all, developing clean and diversified sources of energy, and using natural resources in a sustainable way.

On April 24, top business leaders, government figures, and academics will gather under MIT’s iconic dome in Cambridge, Massachusetts to explore the fundamentals of shaping a new development cycle during the XIII Annual MIT Latin Conference. This year’s them, “Building Bridges to a Sustainable Future”, will address the unique opportunities these countries have to implement pending reforms, leverage natural resources, and initiate an era of integration and development across the region.

Panel topics will include:

•The Founder’s Perspective: Entrepreneurship in Latin America
•The Wall Street Perspective on Latin America
•The Integration of the Americas: The Next 1 Billion People Market?
•Land of Resources: Energy and Food as Tools for Growth
•Growth of the Consumer Base
•The Leader’s Perspective on Latin America
Slated key note and panel speakers will include, among others:

•Pratini de Moraes, Chairman, Brazilian Beef Export Industries Association (ABIEC); He has held several positions in the Brazilian federal government;
•Natalisio Almeida, COO, Banco Itau, the largest bank in Latin America;
•Carlos Moreira, Founder and CEO, Wisekey, world leader in solutions for secure electronic transactions and digital identity management.;
•Helio Rottenberg, CEO, Positivo Informatica, the largest PC Manufacutuer in Brazil and largest educational conglomerate in Latin America;
•Jose Carlos Grubisich, CEO, ETH, bio-energy arm of Odebrecht, the largest infrastructure conglomerate of Latin America; and
•Mario Garnero, Chairman, Brasilinvest, Brazil´s foremost merchant bank, known as the “Father of the Ethanol.”
Academics from MIT Sloan will include, among others, Dean David Schmittlein, Deputy Dean Richard Locke, and Bill Aulet, managing director of the MIT Entrepreneurship Center.

For more information and to register, please visit: www.mitlac.com

The MIT Latin Conference is held in partnership with by Jornal do Brasil, widely known as JB, one of Brazil´s most traditional and influential news dailies.

The MIT Latin American Conference is a student-organized event held once a year that gathers influential leaders from business, government, academia, and society in Latin America. In this context, speakers share their views and debate about opportunities and challenges for the region. Last year more than 500 people attended including business leaders, students and professors from MIT and other leading institutions.