SEALSQ to Showcase Specific Integration with ESPRESSIF ESP32 in a MATTER Commissioning Demo at ELECTRONICA 2024

Geneva, Switzerland, Nov. 06, 2024 (GLOBE NEWSWIRE) --

Video & live demonstration will be available in Hall C4 Booth 119

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 be showcasing at Electronica 2024 the advanced integration of its VaultIC292 Secure Element with ESPRESSIF's ESP32 Microcontroller via a demonstration featuring a typical MATTER device commissioning process. Such integration is tailored to enhance security and simplify deployment for Internet of Things (IoT) applications using the MATTER protocol.

The 2024 Electronica event will be held from November 12-15, 2024 in Munich, Germany; interested parties can view the live demonstration in Hall C4, at Booth 119.

The powerful integration of ESP32, a widely adopted low-cost, low-power microcontroller equipped with Wi-Fi and Bluetooth capabilities, with the VaultIC292 Secure Element provides an unparalleled level of security for IoT devices, making them more robust and resilient to evolving threats.

The Matter protocol, developed by the Connectivity Standards Alliance (CSA), is a standardized communication protocol designed to ensure seamless and secure connectivity across a wide range of smart home devices, regardless of the manufacturer or platform. SEALSQ's VaultIC292 Secure Element plays a crucial role in this ecosystem by enabling secure key storage, cryptographic operations, and device authentication, which are vital for compliance with Matter's stringent security requirements.

The demonstration walks viewers through the commissioning process, where an IoT device is securely onboarded onto a Matter-enabled network. It highlights the critical importance of secure elements in preventing unauthorized access, data breaches, and compromised communications, ensuring IoT ecosystems remain resilient and protected. It is a great example of SEALSQ's commitment to driving innovation in secure IoT solutions and shows how its collaboration with leading microcontroller technologies like ESP32 enables the seamless, secure deployment of IoT devices in the rapidly evolving Matter ecosystem.

Amey Inamdar, Director of Technical Marketing for ESPRESSIF noted, " ESPRESSIF SoCs are designed to offer flexible and secure platforms with full support for the Matter protocol. The integration with SEALSQ's VaultIC292 demonstrates how additional security elements can be seamlessly incorporated to meet specific market or product needs. This collaboration highlights the adaptability of ESPRESSIF's technology, making it easy to integrate with advanced security solutions for diverse IoT deployments."

"SEALSQ's VaultIC292 Secure Element, combined with the flexibility of the ESP32 microcontroller, provides a comprehensive solution for IoT device manufacturers who want to meet the security demands of today's connected world while minimizing development complexity," said Gweltas Radenac, IoT Business Line Director at SEALSQ. "Our demonstration underscores the ease with which secure Matter-compatible devices can be deployed, thanks to our integrated security expertise."

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.

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 anticipate 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.

Press and Investor Contacts

SEALSQ Corp. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 [email protected]

SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / [email protected] Katie Murphy Tel: +212 836-9612 / [email protected]