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VirusIQ selects the WISeKey Digital Health Passport for COVID-19 to secure digital health screening, telemedicine and diagnostic services

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WISeKey has partnered with ClinIQ Inc to use the VirusIQ platform for secure COVID-19 health screening, telemedicine, and diagnostics. This collaboration aims to generate over $2 million in revenue for WISeKey in 2021 and open new market opportunities in healthcare. The WIShelter SafePass will leverage both WISeID and VirusIQ technologies to provide secure medical services and data access. The initiative supports businesses in reopening during the pandemic, focusing on user privacy and security.

Positive
  • Projected revenue of over $2 million for 2021 from the collaboration.
  • Creation of new market opportunities in the healthcare sector.
  • Enhanced security features through the WISeID and VirusIQ integration.
Negative
  • None.

VirusIQ selects the WISeKey Digital Health Passport for COVID-19 to secure digital health screening, telemedicine and diagnostic services

Geneva – September 24, 2020 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity and IoT company, signed a Strategic Collaboration Agreement with ClinIQ Inc, a healthcare incubator platform, to secure digital health screening, telemedicine and diagnostic services.   ClinIQ Inc has worked with Oxford University Innovation to launch VirusIQ is a screening platform that specialises in early detection, prevention and management of virus diseases such as COVID-19. The screening platform provides private, secure and safe identity management, digital health screening, telemedicine and diagnostic services.

The collaboration with ClinIQ reinforces WISeKey’s main objective of establishing a foothold into this new segment which is projected to bring over $2 million in revenue for the Company in calendar year 2021 while at the same time it creates significant new market opportunities in the healthcare sector. 

WIShelter SafePass will leverage a suite of cutting-edge eHealth secure services combining WISeID and VirusIQ platforms to ensure users’ privacy, security and safety whilst providing access to diagnostics, vaccine education and necessary medical services and data. 

WISeID is a trusted identity service that enables access to the web and mobile applications with strong authentication techniques. WISeID supports online KYC onboarding, OTP and digital certificate login, and  an innovative “hands-free” secure login based on QR-Codes which users can read using WIShelter SafePass mobile application without even having to type any password. Additional security services include digital signature services for documents. WISeID implements standards such as OpenID Connect and OAUTH2, that can be easily integrated by customers to enhance the security of their cloud applications. WISeID can also be combined with Microsoft Active Directory, facilitating integration with corporate applications.

WISeKey, powered by VirusIQ, delivers a unique platform to governments, institutions, individuals, and transportation, sports, and entertainment companies that allows the early diagnosis and management of COVID-19 or other pandemic outbreaks. This mobile platform provides rapid access to digital health screening and individual’s medical information, including COVID-19 testing and vaccination reports, digitally signed by accredited bodies, as evidence of certified immunity status. These tools will enable businesses restricted by COVID-19 to quickly reopen and rebuild. 

The WIShelter Safepass suite was built by leaders in the clinical and technical field and allows for scalability and flexibility. It enables users to identify clinical COVID biomarkers, contact tracing, diagnostics, and triage for vaccine access, whilst keeping security at its core.  

"The collaboration between VirusIQ and WiseKey is a testament to our common mission in keeping all citizens safe and enabling secure access to healthcare resources. Our collaboration is an important next step in bringing the world a digital health product that can be trusted to safeguard an individual's health and identity data. We believe in improving private, secure, and safe mHealth technology that endears confidence in government, business, and community stakeholders. The future is brighter when we can work together to safely address healthcare needs," said Dr. Ajintha Pathmanathan, CEO of ClinIQ Inc and VirusIQ Ltd.

"We are proud of this strategic collaboration agreement with VirusIQ which strengthens and accelerates our strategy in the sector, by bringing technological components that meet the requirements of securing medical profiles and data while completing a coherent value proposition within the framework of a digital transformation required by the industry suffering the effects of the Covid-19 pandemic. This agreement continues the line of recent collaborations  WISeKey established with Digid Diagonostics and arago," indicated Carlos Moreno, Vice-President of WISeKey Corporate Alliances and Partnerships.

About VirusIQ 
VirusIQ is a product and subsidiary of ClinIQ Inc (a healthcare incubator platform). VirusIQ Ltd was formed in January 2020 in response to the SARS-COV-2 outbreak in China with the purpose of early detection and prevention of viral outbreaks. The founder, Dr Ajintha Pathmanathan, an Anaesthesiologist and Public Health doctor with experience in treating patients during SARS-COV-1 predicted as early as January 2020 an impending pandemic with the available data and immediately commenced building a team and the platform.  

The VirusIQ team believes in global collaboration to ensure the deployment of private, secure and safe tools to help early detect, prevent outbreaks, improve healthcare access and reopen the community. 

Press and Investor Contact:
Jenna Morgenstern-Gaines
ClinIQ Inc
public_affairs@cliniq.health

About WISeKey:
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an installed base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:


WISeKey SA 
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com     
WISeKey Investor Relations (US) 
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com


Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd 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.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FInSa’s predecessor legislation  or advertising within the meaning of the FinSA, or within the meaning of any other securities regulation. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

The securities offered will not be, and have not been, registered under the United States of America Securities Act of 1933, as amended, and may not be offered or sold in the United States of America, absent registration or an applicable exemption from the registration requirements of said Act.


FAQ

What is the collaboration between WISeKey and VirusIQ about?

The collaboration focuses on using VirusIQ for secure COVID-19 health screening and telemedicine services.

How much revenue is WISeKey expecting from the VirusIQ collaboration in 2021?

WISeKey expects to generate over $2 million in revenue from the collaboration in 2021.

What services will the WIShelter SafePass provide?

WIShelter SafePass will provide digital health screening, telemedicine access, and diagnostics while ensuring user security.

How does the VirusIQ platform enhance healthcare access?

VirusIQ enhances healthcare access by facilitating early detection, management, and secure identity management concerning viral diseases.

What technologies are being combined in the WIShelter SafePass?

The WIShelter SafePass combines WISeID and VirusIQ technologies to ensure secure access to medical data and services.

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