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WISeKey Announce New Services and Solutions for Latin America at MIT

GENEVA and CAMBRIDGE, Massachusetts, April 23, 2010 /PRNewswire/ -- Carlos Moreira, Chairman and Founder of WISeKey, is to unveil his vision and plans towards the region in an address to a selected audience of over 500 entrepreneurs and members of the science community in New England during the traditional MIT Latin Conference to be held this week-end in Cambridge, Massachusetts.

Carlos Moreira will debate some of these initiatives with MIT's Media Lab Scholars and MIT Sloan School of Management's Dean, David Schmittlein, at the opening of the Conference.

WISeKey, a World Economic Forum High Growth Company, is to present its deployment plan to provide Trusted Digital Identities and Secure Cloud Services to Spanish and Portuguese-speaking populations in Latin America and the US. WISeKey is a world leader in solutions designed to digital identification, secure electronic transactions and cloud computing.

The first e-security company in the world to offer decentralized Trust Models and PKI architecture, WISeKey allows ecosystems to be federated via a linguistic attribute that makes them interact while maintaining local traditions and languages.

Gone are the days of huge centralized clouds and ID metasystems with no respect to local traditions, languages and national boundaries.

During his presentation, Moreira will provide an overview of the Latin American Digital Identification and Trusted cloud computing landscape. He will have a particular focus on how Latin American ecosystems can leverage cloud utilization at local and national levels, allowing them to improve the interconnectivity among Spanish and Portuguese-speaking populations, which is now the third largest language group on earth.

This also includes the US, where over 44 million Spanish-speakers reside - with that number expected to surpass 100 million by 2050 according to the US Census.

Generally speaking, English is the universal language on the Internet and cloud computing. But the use of only one language tends to polarize the world into Internet users and Internet illiterates, and to exclude huge populations from the benefits of these technologies.

The position of English on the building of cloud services can only be altered by major world-scale political and economic changes, such as increasing importance of Spanish and Portuguese-speaking communities and ecosystems that might wish and be able to promote another language than English. Developing localized ID services and cloud computing in Spanish and Portuguese will reduce the cost of the cloud technology.

Cloud computing is relatively new, but rapidly growing in Latin America. WISeKey is assisting some local providers in leveraging their data centers, increasing their security and trust models, and adding digital identification technologies to provide trusted secure services to their client maintaining their linguistic neutrality.

Carlos Moreira is also to detail at the MIT Latin Conference WISeKey's enhanced presence in the region. The primary focus will be in partnering up with local companies and governments in the establishment of technology transactional hubs, which provide the required platform for the industrial development of technologies, local R&D and applications for firms, the public sector and individuals.

WISeKey Brazil was recently established in partnership with the Brasilinvest Group. The name of its new CEO, who will also share responsibilities for expanding operations to other Latin American countries, is to be announced in the next few weeks.

    Benjamim Ferreira
    +41-79/513 28 38 (mobile)

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