CORRECTION: WISeKey Reports Strong Q4 & FY 2017 Preliminary Financial Results and Announces Initial FY 2018 Revenue Guidance
Summary
WISeKey adopted US GAAP Topic 606 "Revenue from Contracts with Customers" as of January 1, 2017 with the objective of providing enhanced financial transparency ahead of its 2018 ADR II program on the NASDAQ.WISeKeys ability to authenticate, protect and remotely manage millions of networked, automated devices and equipment, using its semiconductors and cybersecurity, is becoming pervasive - from the factory floor, to the hospital operating room, to the residential home - everything, from automobiles to assembly robots, refrigerators to watches and wearables to wine bottles, is connecting and communicating via the Internet.This is especially important as the WISeKey RoT serves as a common trust anchor, which is recognized by operating systems (OS) and IoT applications to ensure the authenticity, confidentiality and integrity of on-line transactions.WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems with a patented process.WISeKeys 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.
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