WISeKey International Holding Ltd. reported unaudited preliminary revenue results for the full year ended December 31, 2018. For the year, the company recorded full-year 2018 preliminary unaudited Cybersecurity and IoT revenue of $53.0 million, up 23% from 2017.

The company expect 2019 to be another year of strong financial and operational performance across Cybersecurity and IoT businesses due to: Higher revenue from the ISTANA platform with already strategic revenue wins in the German and Chinese markets. Larger market share and accelerated sales in the US and China markets where already have a strong presence. Larger geographical footprint as continue to enter new territories via MOUs in China and in Saudi Arabia through Joint Ventures. Monetization of the WISeKey Blockchain Platform and related services. Higher revenues from the new Anti-Illicit Trade Technology WISeAuthentic, now expanding from luxury products to other sectors. Untapped potential synergies with global organizations thanks to a partnership agreement with DigiCert to explore common opportunities in the IoT market, using their combined products to enhance mutual offerings.