SEALSQ Expands Partnership with LEGIC to Provide Key Components for Their Authentication and Access Management Platform
February 13 2024 - 8:00AM
https://www.sealsq.com/solutions/secure-access
SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ:
LAES), a company that focuses on developing and selling
Semiconductors, PKI and Post-Quantum technology hardware and
software products, and Swiss-based LEGIC Identsystems, a global
leader in secure authentication, access management and IoT platform
solutions, have announced the expansion of their existing
partnership where SEALSQ provides key semiconductor components for
the LEGIC Security Platform.
SEALSQ is one of the very few semiconductors
manufacturers in the world that offers secure open hardware
platforms with a Common Criteria EAL 5+ certification. Such
platforms are ideal to host and run secure client applications that
offer the highest level of security for authentication and access
management applications.
LEGIC’s end-to-end security platform is ideal for enabling
applications that require secure, contactless management of the
interaction between people and things both on- and
offline:
- Access control for buildings, rooms, lockers, furniture and IT
equipment such as terminals and printers.
- Applications where many users share high-value resources such
as vehicles, machines, office space or IT resources.
- Supply chain security requiring managed and auditable access to
containers and vehicles.
- Smart city applications that match parking, public
transportation, infrastructure access, tourism and social inclusion
services to individual permissions and requirements.
- Closed-loop ePayment applications such as corporate canteen or
vending services.
According to Markets & Markets, the global Access Control
market valuation alone stands at $10 billion in 2023 and is poised
to grow at an estimated 8.5% CAGR, to hit $15 billion in 2028. This
is only part of the TAM that LEGIC technology addresses.
Franck Buonanno, VP of Sales commented about
this partnership: “SEALSQ is proud to support leading
authentication and smart access control platform solution
specialist LEGIC to help them achieve the latest level of security
and certification compliance with their products, while reducing
deployment complexity and time-to-market.”
Christoph Beckenbauer, General Manager at LEGIC commented:
“LEGIC’s end-to-end Security Platform depends on best-in-class
hardware and software components. With key semiconductors from
SEALSQ embedded in our platform, we are confident that our
customer’s applications are strongly protected against a wide range
of cybersecurity threats.”
Announcement of the expanded partnership was
broadcast on Nasdaq Tower on February 7, 2024. Link to the Nasdaq
Tower video can be found here:
https://www.sealsq.com/solutions/secure-access
About LEGIC For over 30 years, Swiss-based
LEGIC Identsystems has enabled companies from around the world to
deploy solutions with demanding security requirements. Based on key
management, trusted services and secure, contactless
semiconductors, the LEGIC Security Platform provides end-to-end
security for smartphone- and smartcard-based access, mobility,
shared resource and industrial IoT applications.
www.legic.com
About SEALSQSEALSQ focuses on
selling integrated solutions based on Semiconductors, PKI and
Provisioning 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 Home Appliances, and IT Network Infrastructure,
to Automotive, Industrial Automation and Control Systems.
Post-Quantum Cryptography (PQC) refers to
cryptographic methods that are secure against an attack by a
quantum computer. As quantum computers become more powerful, they
may be able to break many of the cryptographic methods that are
currently used to protect sensitive information, such as RSA and
Elliptic Curve Cryptography (ECC). PQC aims to develop new
cryptographic methods that are secure against quantum attacks.For
more information please visit
www.sealsq.com.Forward-Looking StatementsThis
communication expressly or implicitly contains certain
forward-looking statements concerning SEALSQ Corp and its
businesses. Forward-looking statements include statements regarding
our business strategy, financial performance, results of
operations, market data, events or developments that we expect or
anticipates will occur in the future, as well as any other
statements which are not historical facts. Although we believe that
the expectations reflected in such forward-looking statements are
reasonable, no assurance can be given that such expectations will
prove to have been correct. These statements involve known and
unknown risks and are based upon a number of assumptions and
estimates which 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. Important factors that, in our
view, could cause actual results to differ materially from those
discussed in the forward-looking statements include SEALSQ's
ability to implement its growth strategies; SEALSQ’s ability to
generate revenue from emerging new semiconductors; SEALSQ’s ability
to generate revenue from Matter certification and the new cyber
trust mark standards; the successful introduction of the WISeSat
picosatellite constellation; SEALSQ's ability to continue
beneficial transactions with material parties, including a limited
number of significant customers; market demand and semiconductor
industry conditions; and the risks discussed in SEALSQ's filings
with the SEC. Risks and uncertainties are further described in
reports filed by SEALSQ with the SEC.
SEALSQ Corp is providing this communication 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.
Press and investor
contacts:
SEALSQ
Corp.Carlos MoreiraChairman & CEOTel: +41 22 594
3000info@sealsq.com |
SEALSQ Investor Relations
(US)The Equity Group Inc.Lena CatiTel: +1 212 836-9611 /
lcati@equityny.comKatie MurphyTel: +212 836-9612 /
kmurphy@equityny.com |
LEGIC Identsystems AGCarl Fenger,
Communications ManagerBinzackerstrasse 41, 8620 Wetzikon,
SwitzerlandTel +41 44 933 64 64 / Direct +41 44 933 64
37carl.fenger@legic.com, www.legic.com
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