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NACD and Marsh & McLennan Offer New Road Map for Effective Corporate Governance in the Digital Age

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Report Provides Boards with Practical Advice for Guiding Enterprises Amid Digital Disruption

WASHINGTON, Aug. 08, 2019 (GLOBE NEWSWIRE) — The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 board members, and Marsh & McLennan Companies (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, today released Governing Digital Transformation and Emerging Technologies: A Practical Guide. This report, based on primary research conducted through interviews with company directors as well as a survey of 200 NACD members, outlines a practical approach to advancing board oversight of digital transformation and emerging technologies.

“Businesses of all sizes across every industry are being confronted with unprecedented technological change, forcing them to reimagine traditional practices,” said Peter R. Gleason, president and CEO of NACD. “This report provides fresh thinking to improve board oversight in the digital era, so that boards can guide their companies toward success.”

Corporate directors recognize that governing digital transformation is a challenge. According to the NACD 2019 Digital Governance Pulse Survey,

  • 66 percent of directors believe their companies will be vulnerable to the disruptive impact of emerging technologies in the next year;
  • one in three directors believe that no one, specific technology, but rather a combination of technologies, will significantly transform their business; and
  • while 81 percent of boards prioritize cybersecurity discussions with management, only about half focus on topics of more long-term strategic relevance, such as digital transformation initiatives.

“We know from our research and engagement with companies that the most successful corporate directors understand the tone for innovation is set from the top,” said Leslie Chacko, managing director, Digital Insights and Solutions, Marsh & McLennan Companies. “This framework will help directors confidently address the risks and opportunities presented by technology to unlock value across their companies.”

The report outlines five foundational principles to help prepare directors for navigating the complexities of digital transformation and emerging technologies, such as artificial intelligence, blockchain, the Internet of Things, and robotics process automation. Here are the five principles:

  • Approach emerging technologies as a strategic imperative, not just as an operational issue.
  • Develop collective, continuous, technology-specific learning and development goals.
  • Align board structure and composition to reflect the growing significance of technology as a driver of both growth and risk.
  • Demand frequent and forward-looking reporting on technology-related initiatives.
  • Periodically assess the organization’s leadership, talent, and culture readiness for technological change.

In the report, each principle includes specific recommendations to assist boards with charting potential pitfalls, spotting red flags, and formulating and adopting a more cohesive oversight approach to help them chart a path to effective digital transformation oversight.

To help boards navigate the interconnected and simultaneous forces presented by the digital era, NACD also offers experiential education opportunities such as curated director tours of the Consumer Electronics Show (CES®) and access to the latest business incubators leveraging technology in Silicon Valley. NACD has also led an effort to close the board’s knowledge gap on cyber risk through educating its members on leading practices, convening key stakeholders, and engaging the director community in an ongoing dialogue.

About NACD
The National Association of Corporate Directors (NACD) empowers more than 20,000 directors to lead with confidence in the boardroom. As the recognized authority on leading boardroom practices, NACD helps boards strengthen investor trust and public confidence by ensuring that today’s directors are well prepared for tomorrow’s challenges. World-class boards join NACD to elevate performance, gain foresight, and instill confidence. Fostering collaboration among directors, investors, and corporate governance stakeholders, NACD has been setting the standard for responsible board leadership for 40 years. To learn more about NACD, visit www.NACDonline.org. 

About Marsh & McLennan Companies
Marsh & McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.

Contact:
Susan Oliver
NACD
susanboliver@gmail.com
703-216-4078

Amelia Woltering
Marsh & McLennan Companies
Amelia.woltering@mmc.com
212-345-0864

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WISeKey International Holding Ltd Reports Preliminary Nine Months 2019 Results

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WISeKey International Holding Ltd Reports Preliminary Nine Months 2019 Results

WISeKey Continued its Focus on Cybersecurity/IoT, ICT infrastructure and smart devices, boosting the efficiency and quality of its operations

Company expects to end the year with positive net income:  H1 2019 net income was $21.8 million

 

ZUG, Switzerland- October 18, 2019– WISeKey International Holding Ltd (SIX: WIHN) (“WISeKey” or the “Company”), a leading Swiss cybersecurity and IoT company announced today that its consolidated preliminary revenue for the 9 month-period ending September 30, 2019 (“Q3YTD 2019”) is expected to be approximately $18.7 million (unaudited).

First 9 Months 2019 Highlights

      ·Cash and cash equivalents together with restricted cash increased to $19.2 million at September 30, 2019 as compared to $9.8 million at December 31, 2018.

  • Company expects to report positive net income for FY 2019 following a H1 2019 net income of $21.8 million, mainly due to the $31.1 million gain generated from the sale of its SSL/TLS PKI business.
  • Q3YTD 2019 consolidated preliminary revenue was $18.7 million, including $16.7 million from our continuing operations, following the sale of our SSL/TLS PKI business in Q1 2019.
  • Submitted a second confidential draft registration statement on Form 20-F under the U.S. Securities Exchange Act of 1934 to the U.S. Securities and Exchange Commission (SEC), following the board of directors’ approval of a proposed listing of its Class B Shares in the form of American Depositary Shares on a U.S. Stock Exchange.

Q3 2019 Business Highlights

  • Established WISeKey Arabia, a JV with Saudi Advanced Technologies Company Ltd, a wholly owned company of E.A. Juffali & Brothers and localized its cybersecurity and IoT offerings in the Middle East.
  • Adapted its U.S. patent. No. 7,898,422 for an anti-counterfeiting NFC device designed to protect the pharmaceutical industry from the escalating counterfeit problem which is causing damage to these companies and putting lives at risk (see list of U.S. patents here).
  • Released NanoSeal®, a new microprocessor the: WISeKey’s NanoSealRT is the only NFC Forum Type 5 chip for tags which offers a patent-pending authentication algorithm based on NFC Data Exchange Format (NDEF) that works with both Android and IOS 12 devices, namely more than 2 billion NFC enabled devices. Its tamper/opening detection is a plus when it comes to enriching the consumer experience and reach. The communication with the object is simplified from the manufacturing plant to the field thanks to a powerful ISO15693 compatible interface.
  • Expanded its partnership with Microsoft Corporation:  all members of the Cybersecurity TechAccord are expanding their partnership on initiatives that improve the security, stability and resilience of cyberspace.
  • Announced partnership with Oracle:  WISeKey Blockchain Identity technology became one of Oracle’s first external trusted identity providers, allowing clients to securely add data onto the Oracle Blockchain Platform using the WISeKey cryptographic key infrastructure.
  • Reinforced its penetration in the Chinese technology market: WISeKey’s Root of Trust was accredited by 360 Security Browser to provide Trusted SSL Services in China.  360 Security Browser is the leading internet browser solution in China, with an estimated user base superior to 400 million active users and a market penetration close to 70%, according to CNZZ.
  • Signed a perpetual license agreement with Daimler AG (“Daimler”), one of the world’s most successful automotive companies, for certain components of its ISTANA PKI platform with first payment of $2.5 million
  • Joined forces with OpSec Security IoT leader on Brand Protection and Authentication of IoT EcoSystems.
  • WISeKey Blockchain Centers of Excellence: WISeKey in cooperation with the Blockchain Research Institute (BRI) is creating a number of interconnected Blockchain Centers of Excellence around the world, to facilitate the rapid adaptation and on-boarding of blockchain-based solutions and foster stronger collaboration between the public, private and academic sectors. Each center purchases technologies and licenses from WISeKey.
  • Strategic partnership with Chinese CoinID New Mingwah, a World leading bank-level Blockchain security technology company to integrate CoinID wallet into WISeID and deploy in China. WISeCoin AG and Coinx8 Ltd have entered into a partnership to jointly foster their respective crypto tokens WIS and CXE in Asia, MEA and Europe using www.CoinX.pro Exchange.
  • New agreements for the smart car, pharmaceutical and fintech industries, and consumer products which, in the aggregate, are broadening the ecosystem of WISeKey’s IoT chips.
  • Stronger cybersecurity offering of proprietary solutions, increased footprint and further new customer acquisitions.
  • Continued investments in IoT Security, with strong industry-specific partnerships.
  • Further enhancements of the vertical platform for the IoT through the establishment of partnerships with leading players in the IoT domain.
  • Expansion of patent portfolio with new IP and patents with the aggregation of 39 IoT / Semiconductors patent families (more than 200 patents in total) to its portfolio (https://www.wisekey.com/patents/).
  • WISeKey closed the acquisition of a 22% interest, through a multi-million USD transaction, in Tarmin Inc. (“Tarmin”), a Boston, Massachusetts based leading pioneer of Data & Software Defined Infrastructure delivering a massively scalable, transparent and unified approach for consistent data management, storage, retention, security and search across cloud and traditional storage infrastructure.

Second SEC confidential draft registration statement
Following the board of directors’ approval of a proposed listing of its Class B Shares in the form of American Depositary Shares on a U.S. Stock Exchange, WISeKey has submitted a second confidential draft registration statement on Form 20-F under the U.S. Securities Exchange Act of 1934 to the U.S. Securities and Exchange Commission (SEC).

A registration statement is a set of documents, including a prospectus, which a company must file with the U.S. Securities and Exchange Commission before it proceeds with the listing of its shares on a U.S. stock exchange.

No new securities will be issued in connection with the listing, which is expected to commence after the SEC completes its review process.

This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the “Securities Act”) and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.

About WISeKey:
WISeKey (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 Secures the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install 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 International Holding Ltd
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 article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. 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.

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GCT a Leader in Container Terminal Innovation Joins TradeLens

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Vancouver, BC, Canada, Oct. 17, 2019 (GLOBE NEWSWIRE) — Global Container Terminals Inc. (GCT), a leading container terminal operator in North America has joined the TradeLens supply chain platform, underpinned by blockchain technology. 

GCT operates four strategically located, big ship ready terminals on the west and east coast of North America. A leader in technologically advanced terminal operations, no company is more prepared to keep pace with the changing needs of global supply chains than GCT.

In the Port of Vancouver, GCT Canada is the heart of the Asia-Pacific Gateway. GCT Deltaport is Canada’s largest marine terminal, providing the most efficient ship-to-rail discharge facility worldwide, and GCT Vanterm is among the most productive terminals on the continent.

In the Port of New York and New Jersey, GCT USA boasts the fastest truck processing and vessel productivity in the harbor. GCT New York is a full service facility offering near-dock CES operations, on-terminal warehousing, and unique customer solutions. GCT Bayonne pioneered truck appointments on the East Coast using the latest technology, providing consistent and reliable turn-times.  Both USA terminals offer first and last port-of-call intermodal advantage with their on-dock rail facilities.

By joining TradeLens, GCT is ready to securely connect with supply chain partners including ocean carriers, beneficial cargo owners, and railways. The TradeLens technology platform provides end-to-end supply chain information, facilitating seamless data sharing, collaboration and improved trade flows.

“GCT remains committed to leading in innovation, value and safety. Joining a technology platform like TradeLens only adds to our capability to deliver best-in-class service and visibility to our supply chain partners,” said Doron Grosman, President & CEO of GCT.  ”As competition increases from other ports and customer demands intensify, we need to activate every solution to increase cargo velocity through our terminals and improve performance.”

“We are thrilled to have GCT join TradeLens and connect to a flexible business platform designed to spur innovation. Integrating data with ports, terminals, logistics providers, shippers, and carriers is essential for the vision of TradeLens to realize new ways of working within a collaborative industry ecosystem. GCT’s connection to TradeLens strengthens this new era of transparency and collaboration for the global supply chain.” Mike White, CEO of Maersk GTD and Head of TradeLens.

TradeLens is rapidly expanding with five of the world’s top six ocean carriers and ten of GCT’s ocean carrier customers committed to the TradeLens platform. GCT is proud to join this leading global trade collaboration.

“We are pleased to see more leading organizations from across the shipping industry sign on to the platform. As TradeLens evolves, it is critical more supply chain partners participate to facilitate an open and transparent approach to information sharing. This enhanced level of visibility and efficiency will ultimately benefit the entire industry and our customers.” Eyal Ben-Amram, CIO of ZIM.

The program will be rolled out in phases at all four of GCT’s terminals adding visibility to the east and west coasts of North America.

About GCT Global Container Terminals Inc.

Headquartered in Vancouver, BC, GCT Global Container Terminals Inc. operates four Green Marine certified terminals in two principal North American ports. Through GCT USA on the East Coast, the company operates two award-winning facilities: GCT New York on Staten Island, NY and GCT Bayonne in Bayonne, NJ. On the West Coast, GCT Canada operates two gateway terminals: GCT Vanterm and GCT Deltaport in Vancouver and Delta, BC. Visit http://www.globalterminals.com or follow us @BigShipReady to find out more about GCT.

About Tradelens:

TradeLens is an open and neutral industry platform for global trade, underpinned by blockchain technology and supported by major industry players. The platform promotes a more efficient, predictable and secure exchange of information in order to foster greater collaboration and trust across the global supply chain.

CONTACT: Jennifer Perih
GCT Global Container Terminals Inc.
+1 604 267 5102
media@globalterminals.com

Ben Haddock, Marketing Manager
Maersk GTD
Mobile: +1 305 439 0177  Office:  +1 551 256 9353
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Blockchain PR

Investview (OTCQB: INVU) to Hold Live Webinar to Review Its Recently Announced Exchange Offer for Preferred Stock

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Eatontown, NJ, Oct. 17, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Investview Corporation (OTCQB: INVU) will be holding a live webinar to review the details of its Exchange Offer announced on October 8th, 2019.

(https://www.globenewswire.com/news-release/2019/10/08/1926484/0/en/Investview-Announces-Strategic-Initiatives-Including-an-Exchange-Offer-for-Preferred-Stock.html)

The webinar will be held on:

EXCHANGE OFFER FOR PREFERRED STOCK OVERVIEW

WEDNESDAY

OCTOBER 23rd, 2019

4:30 PM Eastern

To register for the webinar please visit:

https://attendee.gotowebinar.com/register/6398592926937375243

The Company has prepared the live presentation to provide information and detail on the offering to all current and potential shareholders. All current shareholders should attend along with the general public who may have an interest in the Company and its Exchange Offer.

For more information and to review recent announcements, please visit investview.com

About Investview, Inc.

Investview, Inc. is a diversified technology company leveraging the latest innovations in technology for financial education, services and interactive tools. Investview’s family of subsidiaries focus on delivering products that serve individuals around the world. From personal money management, to advancement in blockchain technologies, Investview companies are forging a path for individuals to take advantage of financial and technical innovations. For more information on Investview and all of its wholly owned subsidiaries please visit: investview.com  

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements”.  When the words “believes,” “expects,” “plans,” “projects,” “estimates,” and similar expressions are used, they identify forward-looking statements. These forward-looking statements are based on Management’s current beliefs and assumptions and information currently available to Management and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.

Investor Contact:

pr@investview.com

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