SEALSQ Partners with MIWA Lock to Secure Japan's First "Matter"-Compatible Smart Lock

January 29, 2025 08:30 ET | Source: SEALSQ Geneva, Switzerland, Jan. 29, 2025 (GLOBE NEWSWIRE) -- SEALSQ Partners with MIWA Lock to Secure Japan’s First "Matter"-Compatible Smart Lock SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company specializing in Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced it has partnered with MIWA Lock Co., Ltd. to provide the secure foundation for their revolutionary PiACK HOME PG, Japan’s first "Matter"-compatible smart lock. The product has officially launched to market, marking the beginning of a significant business partnership between SEALSQ and MIWA Lock. MIWA’s official press release can be found here: (https://www.miwa-lock.co.jp/news/pdf/release_PiACK%20HOME%20PG_20250114.pdf) Advanced Security for the Smart Home RevolutionMIWA’s PiACK HOME PG represents a significant step forward in smart home technology, enabling seamless interoperability across platforms like Amazon Alexa, Apple Home, and Google Home through the universal Matter standard. SEALSQ’s accredited Root of Trust and Public Key Infrastructure (PKI) services provide the cryptographic backbone required to ensure the device’s security and reliability. Empowering the Future of "Matter" DevicesSEALSQ’s expertise in quantum-resistant solutions positions it as a critical partner for manufacturers developing Matter-compliant devices. The company’s integrated approach simplifies the deployment of secure IoT devices by combining hardware and software into a seamless package, ensuring compliance with the highest standards of cybersecurity. The adoption of Matter is rapidly transforming the smart device landscape, driving demand for secure and interoperable solutions. With the PiACK HOME PG now available in the market, this collaboration is poised to generate significant business momentum. Smart locks are expected to be a cornerstone of the growing smart home market as this segment alone is forecasted to exceed USD 8 billion globally by 2030*—underscoring SEALSQ’s pivotal role in shaping a secure connected future.(*https://www.grandviewresearch.com/press-release/global-smart-lock-market?utm_source=chatgpt.com) Industry Leadership and Commitment“We are thrilled to bring this groundbreaking product to market with SEALSQ as a trusted security partner,” said Keiji Iwata, Department Manager of Research & Development Dept. at MIWA Lock. “Their expertise in providing quantum-resistant cryptographic solutions ensures the PiACK HOME PG delivers both convenience and peace of mind to our customers. This collaboration exemplifies our shared commitment to advancing the smart home industry with reliable and innovative solutions.” “We are honored to support MIWA Lock in bringing Japan’s first Matter-compatible smart lock to market,” said Katsunori Miyahata, Sales Director at SEALSQ Japan. “By leveraging our accredited Root of Trust and PKI services, MIWA is setting a new standard for smart lock security. This partnership highlights SEALSQ’s commitment to delivering innovative solutions for the ever-evolving IoT ecosystem.” About MIWA Lock Co., Ltd.MIWA Lock is a leading Japanese manufacturer of high-security locks and access control system. With continuous innovation, MIWA Lock advances security technologies to meet the needs of residential properties, commercial facilities, and office buildings every day. 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 StatementsThis 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 MoreiraChairman & CEOTel: +41 22 594 3000info@sealsq.comSEALSQ Investor Relations (US)The Equity Group Inc.Lena CatiTel: +1 212 836-9611 lcati@equityny.com

SEALSQ Partners with MIWA Lock to Secure Japan's First "Matter"-Compatible Smart Lock

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