SEALSQ Strengthens Partnership with the Connectivity Standards Alliance in Asia by Joining Japanese Interest Group
SEALSQ (NASDAQ: LAES) has announced its support for the Connectivity Standards Alliance in Asia by joining the newly-formed Japanese Interest Group (JIG). The group, part of an international community of over 700 technology companies, aims to foster dialogue and collaboration, focusing on the Internet of Things (IoT) market in Japan. SEALSQ, among 17 founding members, will contribute through its expertise in Semiconductors, PKI, and Post-Quantum technology. The JIG, led by industry leaders including Panasonic and Allion Japan, seeks to advance Matter™ and Aliro™ Smart Home standards. SEALSQ's Japanese team, headed by Sales Director Katsunori Miyahata, will support Japanese device makers in achieving Matter compliance, offering benefits like reduced time-to-market and cost savings through their Matter™ ready PKI-as-a-Service and secure elements.
- SEALSQ joins the Japanese Interest Group (JIG), enhancing its presence in the Asian market.
- Membership in JIG positions SEALSQ among 17 founding members, increasing its industry influence.
- SEALSQ contributes its expertise in PKI and security, supporting Japanese device makers with Matter compliance.
- Benefits of SEALSQ's Matter™ ready PKI-as-a-Service include reduced time-to-market and cost savings for device makers.
- The initiative aims to foster global collaboration and advance Matter™ and Aliro™ Smart Home standards.
- There are no immediate financial gains or revenue projections mentioned in the PR.
- Potentially high initial costs associated with actively contributing to JIG activities.
- Risk of increased operational costs with the new venture.
Geneva, Switzerland, May 30, 2024 (GLOBE NEWSWIRE) --
SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that it will support the Connectivity Standards Alliance (“Alliance”) development in Asia by joining the Japanese Interest Group (JIG).
The Alliance, an international community of more than 700 technology companies committed to open standards for the Internet of Things (IoT), recently announced the creation of the Japan Interest Group (“JIG”). Comprised of volunteer members united by their interest in Alliance technologies and the IoT market in Japan, this newly established interest group, led by Interim Chair Alliance Member Fumi Shingai, CEO of X-HEMISTRY Inc., with the support from Interim Vice Chair Shigeki Nakamura of Panasonic, Interim Secretary Denver Mishima of Allion Japan Inc., aims to foster dialogue and collaboration among its members while enhancing Matter™ and Aliro™ Smart Home standards globally.
The JIG will provide a platform for discussing standards within the Alliance and create a framework for sharing and disseminating various initiatives among local member companies. The new branch will adopt Japanese as its general common language and facilitate regular exchanges of information to strengthen collaboration among members.
"The establishment of the JIG heralds a new era of Alliance-wide collaboration and communication, fostering global cooperation and, more specifically, advancing the reach of Matter and the emergence of Aliro," said Musa Unmehopa, Head of Wireless Standards & Regulations at Signify and Alliance Board Chair.
The Japan Interest Group is currently comprised of 38 companies. SEALSQ is proud to be part of the 17 founding Members including ACCEL LAB Ltd., Allion Japan Inc., Bureau Veritas Japan Co., Ltd, DISIGN INCORPORATED, DSR Asia Co., Ltd., Hitachi Global Life Solutions, Inc., MIWA LOCK Co., LTD., Murata Manufacturing Co., Ltd., mui Lab, Inc., Nature Inc., NEXTY Electronics Corporation, Nordic Semiconductor KK, Panasonic Corporation, SEALSQ Corporation, Sharp Corporation, Silicon Labs, STMicroelectronics International NV, TÜV Rheinland Japan Ltd., X-HEMISTRY Inc., and YAMAGIWA Corporation.
SEALSQ’s Japanese team, represented by Sales Director Katsunori Miyahata, will be actively contributing to the group’s local activities and discussions regarding PKI and security topics while directly supporting Japanese device makers looking for compliance with the MATTER standard.
Indeed, Matter™ compliant device makers in Japan may gain the following benefits from using SEALSQ Matter™ ready PKI-as-a Service and pre-provisioned secure elements:
- Reduced time-to-market in achieving Matter compliance.
- Reduced costs of technology, maintenance, staffing and ongoing compliance.
- More flexible deployment options, including on-premises, hosted or batch issuance.
- Simplified management of device attestation certificates and product attestation intermediates through SEALSQ INeS CMS Platform for IoT.
- Gain efficiency using a scalable platform to sign and secure device updates.
More details can be found here.
“We are excited to enhance our global collaboration with the Alliance and join this new initiative in Japan. By leveraging our security and PKI expertise, we aim to support the JIG's mission to facilitate the adoption and scaling of Matter for Japanese smart-home device manufacturers,” said Franck Buonanno VP of Sales at SEALSQ.
About the Connectivity Standards Alliance
The Connectivity Standards Alliance is the foundation and future of the Internet of Things (IoT). Established in 2002, its wide-ranging global membership collaborates to create and evolve universal open standards for the products transforming the way we live, work, and play. With its Members’ deep and diverse expertise, robust certification programs, and a full suite of open IoT solutions the Alliance is leading the movement toward a more intuitive, imaginative, and useful world.
The Connectivity Standards Alliance Board of Directors is comprised of executives from Allegion, Amazon, Apple, ASSA ABLOY, Comcast, Espressif, Eve by ABB, Fortune Brands, Google, Haier, Huawei, IKEA, Infineon Technologies AG, The Kroger Co., LEEDARSON, Legrand, LG Electronics, Lutron Electronics, Midea, Nordic Semiconductor, NXP Semiconductors, OPPO, Resideo Technologies, Samsung Electronics, Schneider Electric, Siemens, Signify (Philips Hue and WiZ), Silicon Labs, Somfy, STMicroelectronics, Tuya, Verizon, and Wulian.
Learn more about the Alliance at www.csa-iot.org; and follow us on: X, Facebook, and LinkedIn.
About SEALSQ:
SEALSQ 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, Medical and Healthcare 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 and follow us on X and Linkedin
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 the expected success of our technology strategy and solutions for IoMT Security for Medical and Healthcare sectors, SEALSQ's ability to implement its growth strategies, 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 |
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