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SEALSQ and Ylan Anoufa Unite to Launch WISeToy

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SEALSQ Corp, in collaboration with WISeKey International Holding Ltd. and Ylan Anoufa, announces the development of the first ever AnoufaBears Intelligent Secure Toy, codenamed WISeToy. This initiative aims to enhance internet safety for children by combining state-of-the-art security technology with artistic flair. The project emerges in response to the increasing prevalence of connected toys and devices in homes worldwide, leveraging cutting-edge cybersecurity solutions to ensure interactive experiences offered by these toys do not compromise the child's safety or privacy.
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The collaboration between SEALSQ, WISeKey and artist Ylan Anoufa to create the AnoufaBears Intelligent Secure Toy integrates cutting-edge cybersecurity into the burgeoning market of connected toys. This innovation addresses a critical need for enhanced privacy and security measures in children's toys, which is becoming increasingly important as homes become smarter and more interconnected. With the proliferation of Internet of Things (IoT) devices, the potential for security breaches that could compromise sensitive data such as geo-location is a growing concern. The use of advanced semiconductors for authentication purposes is a proactive step in mitigating such risks.

From an industry perspective, this initiative could set a new benchmark for IoT device security, particularly in the consumer market focused on children's products. The integration of robust cybersecurity features in toys could drive consumer trust and potentially influence purchasing decisions, leading to increased market share for companies that prioritize security. Additionally, this move may prompt competitors to follow suit, elevating the overall security standards within the industry.

SEALSQ's announcement of the WISeToy AnoufaBears project represents a strategic move to capture a niche market segment in the IoT and smart device industry. The collaboration with a high-profile artist like Ylan Anoufa not only adds a unique selling proposition but also taps into the artist's existing fan base and brand partnerships, potentially expanding the product's reach. The emphasis on security in children's toys could resonate well with the growing demographic of tech-savvy and security-conscious parents.

From a financial standpoint, the project could lead to new revenue streams for SEALSQ and WISeKey, while also enhancing their brand reputation as leaders in secure IoT solutions. If the product successfully addresses the market's security concerns, it could see rapid adoption, influencing stock valuations positively. However, the costs associated with implementing such advanced technology in consumer products will be a critical factor in determining the product's price point and profitability.

The development of the WISeToy AnoufaBears is a significant step forward in child safety within the digital domain. The focus on safeguarding children's interactions with the Internet through secure toys is a response to the increasing number of incidents involving compromised child safety due to IoT vulnerabilities. By equipping toys with advanced semiconductors and a parent-supervised app, SEALSQ is addressing the dual concerns of privacy and child safety in a tangible way.

Moreover, this initiative could serve as a catalyst for raising awareness about the importance of digital safety for children, potentially influencing regulatory standards and best practices. It is essential for such products to undergo rigorous testing to ensure that they deliver on their promises of security, as failure to do so could have severe repercussions for both the children involved and the companies' reputations.

The First Ever AnoufaBears Intelligent Secure Toy is Designed to Enhance Internet Safety for Children

Tortola, British Virgin Islands , Feb. 05, 2024 (GLOBE NEWSWIRE) --

SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a leader in the fields of Semiconductors, PKI, and Post-Quantum technology, in collaboration with its parent company WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, and globally renowned contemporary visual pop-art French artist Ylan Anoufa, proudly announce the development of the first ever AnoufaBears Intelligent Secure Toy, codenamed WISeToy. This groundbreaking initiative aims to safeguard children's interactions with the Internet, combining state-of-the-art security technology with artistic flair.

Ylan Anoufa, known for his iconic AnoufaBear metal sculptures adorned with unique graffiti and placed in locations around the world such as Paris, Hong Kong, Miami, Marbella, Cannes, Nice, Courchevel, Annecy, Macao, and Warsaw, brings a modern, humorous, and thought-provoking aesthetic to the project. His work, celebrated for its vibrant use of color, harmony, space, and form, has captured the attention of the art world and beyond. This is evident through his collaborations with global icons like Lenny Kravitz and the Rolling Stones, as well as brands like Porsche, Barbie, and Van Cleef & Arpels.

The WISeToy AnoufaBears project emerges in response to the increasing prevalence of connected toys and devices in homes worldwide. With over 40 million homes equipped with smart devices, the need for enhanced security and privacy in children’s toys has never been more apparent. These "smart devices," capable of using cameras, microphones, or sensors with internet or Bluetooth connectivity, pose potential risks to children's safety and privacy.

Leveraging SEALSQ’s cutting-edge cybersecurity solutions, each WISeToy AnoufaBear is equipped with advanced semiconductors that authenticate the toy's integrity and facilitate secure connections with a parent-supervised app. This innovative approach ensures that the interactive experiences offered by these toys do not compromise the child's safety or privacy.

Carlos Moreira, CEO of SEALSQ, stated, "Our collaboration with Ylan Anoufa represents a significant milestone in our ongoing efforts to create a safer digital environment for children. By integrating our robust cybersecurity technology with the artistic vision of Ylan Anoufa, we are setting a new standard for secure and educational toys in the digital age."

The initiative highlights the importance of safeguarding children's geo-location data and reducing the risk of fraud, scams, or identity theft associated with the use of connected devices. With the launch of the WISeToy AnoufaBears, SEALSQ, WISeKey, and Ylan Anoufa are at the forefront of combining technology and art to protect and inspire the next generation.

About Ylan Anoufa:
Ylan Anoufa is a contemporary visual pop-art French artist, born in 1980, known for his AnoufaBear metal sculptures and unique artistic vision. His work, which spans painting, sculpture, and graffiti, reflects a modern, humorous, and thought-provoking approach, often infused with a positive message. Anoufa's collaborations with global icons and brands, as well as his participation in charitable endeavors, underscore his commitment to making art that inspires and engages the world.

About SEALSQ:
SEALSQ Corp (NASDAQ: LAES), a subsidiary of the WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, 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.

About WISeKey:
WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, and (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions.

Forward-Looking Statements
This 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.



SEALSQ Corp.
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@sealsq.com


SEALSQ Investor Relations (US)
The Equity Group Inc.
Lena Cati
Tel: +1 212 836-9611 / lcati@equityny.com
Katie Murphy
Tel: +212 836-9612 / kmurphy@equityny.com


FAQ

What is the codename for the first ever AnoufaBears Intelligent Secure Toy?

The codename for the first ever AnoufaBears Intelligent Secure Toy is WISeToy.

Who are the collaborators in the development of the WISeToy AnoufaBears project?

The collaborators in the development of the WISeToy AnoufaBears project are SEALSQ Corp, WISeKey International Holding Ltd., and Ylan Anoufa.

What is the aim of the WISeToy AnoufaBears project?

The aim of the WISeToy AnoufaBears project is to enhance internet safety for children by combining state-of-the-art security technology with artistic flair.

How does the WISeToy AnoufaBear ensure the safety and privacy of children?

The WISeToy AnoufaBear is equipped with advanced semiconductors that authenticate the toy's integrity and facilitate secure connections with a parent-supervised app, ensuring that the interactive experiences offered by these toys do not compromise the child's safety or privacy.

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