WISeKey and Turing Cryptography Start Joint Sales Operations of Cybersecurity & Trust Services

By STS News Desk On Mar 24, 2022

WISeKey and Turing Cryptography Start Joint Sales Operations of Cybersecurity & Trust Services

WISeKey and Turing Cryptography join forces to roll out a full suite of TuringSign SSL/TLS services in the Asia-Pacific region secured by the OISTE/WISeKey Root of Trust. Turing Cryptography is a subsidiary of CrossCert, Inc. (“CrossCert” KOSDAQ: 041460), the only Global Certification Authority in South Korea.

During the first quarter of 2022, commercial operations have ramped-up, with the launch in Korea and with immediate plans to extend operations to Singapore, Hong-Kong, and Taiwan, and a next phase that aims a global reach.

WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity and IoT company, and Turing Crypto GmbH (“Turing Cryptography”), a cybersecurity company based in Berlin, Germany, with a strong footprint in Asia, North America, and Europe, announced today the official start of operations and the generation of the first revenue and positive acceptance of new customers.

Both companies signed a strategic partnership agreement to generate revenue and new technology offering. As per the terms of this agreement, WISeKey and Turing Cryptography have joined forces to roll out a full suite of TuringSign SSL/TLS services in the Asia-Pacific region secured by the OISTE/WISeKey Root of Trust. Turing Cryptography is a subsidiary of CrossCert, Inc. (“CrossCert” KOSDAQ: 041460), the only Global Certification Authority in South Korea. In subsequent phases, partners aim to expand the cooperation by offering complementary solutions, including Turing Cryptography’s leading FIDO biometric authentication software (with over one billion transactions to-date) and WISeKey’s end-to-end Cybersecurity and IoT platform.

The objective of the partnership is to generate synergies by launching new and innovative cryptographic security solutions in the Asia Pacific region and other markets. During phase one of this partnership, both partners have agreed to roll out SSL/TSL products in the Asia Pacific region. Future synergies are expected to include joint offerings in AI powered security solutions, where both companies possess core competencies.

During the first quarter of 2022, commercial operations have ramped-up, with the initial launch in Korea and immediate plans to extend operations to Singapore, Hong-Kong, and Taiwan, and a next phase that aims a global reach.

“The TuringSign SSL service launch in Korea was very promising. We see remarkably positive response from our customers and this encourages our imminent roll out plan in Singapore and Hong Kong. Subsequently, China, Japan and other Asian countries will also be consolidated. As an innovative new brand with a veteran team of cybersecurity experts, TuringSign is committed to providing industry-leading quality and speed at the most affordable price. To highlight this commitment, we are implementing cutting-edge distributed networking technologies in our PKI to achieve industry leading OCSP response times. This optimization drastically enhances site loading speed of your visitors regardless where they are connecting from” commented Ricky Wong, Executive Vice President at Turing Crypto GmbH and former VeriSign APAC sales director.

“We are pleased with the positive outcome of this strategic partnership, which will allow CrossCert Group and WISeKey to develop a growing business and offer their new combined technologies to a larger customer base. We have already identified new collaboration areas to extend our alliance and develop the IoT and NFT markets,” said Carlos Moreira, Founder and CEO of WISeKey.

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