WISeKey receives strategic investment from GJC, Grupo Jaime Câmara, leading Brazilian media group and creates a new JV "WISeKey Liber"
WISeKey receives strategic investment from GJC, Grupo Jaime Câmara, leading Brazilian media group and creates a new JV "WISeKey Liber"
GENEVA and LIMA, Peru, April 23, 2013 /PRNewswire/ --
WISeKey and GJC, Grupo Jaime Câmara, two World Economic Forum Global Growth Companies
have entered into a Joint Venture Agreement, aiming at the creation of a new company with
the name WISeKey Liber expanding WISeKey's global footprint to Latin America and Iberia.
WISeKey's global expansion in the past few years focused on emerging economies and in
particular BRIC economies, with several major wins in these countries that face high
growth in cyber security, digital identity and privacy solutions, mobile communications
security, secure cloud computing and other WISeKey related technologies.
This new JV will expand existing operations in Latin America and Iberia and shall
result in WISeKey becoming one of the fastest growing eSecurity companies in the world.
WISeKey and GJC initiative form an alliance between two leading companies whose values and
product portfolios bring high quality technology and eSecurity services to consumers in
Latin America and around the world. This will also allow the company to provide its
solutions through a localized High Security datacenter in the region.
The partnership includes a strategic investment by GJC in WISeKey SA representing 5%
equity stake and an option to bring the equity participation to 10% before the IPO of
WISeKey.
Carlos Moreira, Founder, Chairman of the Board and CEO of WISeKey said: "The economic
outlook for Latin America is very bright and this joint venture enables WISeKey to respond
faster to marketplace dynamics. Our company will be in a better position to strategically
deploy our technology in the region and to accelerate our growth".
Cristiano Camara, CEO of GJC said, "The joint venture will provide WISeKey with a
platform to expand its successfully branded products to the Latin America and Iberia
markets in a consolidated approach integrating with local technologies and services and
offering the solutions to regional clients. WISeKey's partnership with GJC leverages both
firms' strengths and will enable us to expand eSecurity services much faster and more
efficiently across the region, substantially increasing revenues and profitability".
Website: http://www.wisekeyliber.com
About GJC
Grupo Jaime Câmara (http://www.gjccorp.com.br) is the leading communications
group in the brazilian North-Central region of the country with 26 media vehicles in
Goias, Tocantins and Federal District. GJC holds 4 newspapers (O Popular, Jornal Daqui,
Jornal do Tocantins and Daqui Tocantins), 11 TV stations, 9 radio stations and internet
media.
About WISeKey
WISeKey (http://www.wisekey.com) is one of the fastest growing eSecurity companies
in the world, being a leading Swiss information security and identity management software
and services company established in 1999 and headquartered in Geneva, Switzerland.
WISeKey's mission is to facilitate the global growth of secure electronic transactions by
providing businesses, governments and individuals with advanced technology and services
that authenticate the identity of communicators, signatures, and objects during Internet
transactions.
GJC
Breno Machado, CFO
E-Mail: Breno.machado@gjccorp.com.br
Phone: +55-62-3250-1001
WISeKey
Miléna Piletta-Zanin
Marketing and Communications
E-Mail: mpiletta@wisekey.com
Phone: +41/22-594-30-00
WISeKey SA
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