Benzinga | Jun 21, 2021 03:14PM EDT

WISeKey Introduces WISeID Cloud Storage Service

* Cybersecurity and IoT company WISeKey International Holding Ltd (NASDAQ:WKEY) launched its new WISeID Cloud Storage service as a new addition to the WISeID platform for digital identity and cybersecurity services.

* The service, developed in partnership with NextCloud, facilitates universal access to users' files through multiple secure interfaces, like web browser, mobile applications for Apple Inc's (NASDAQ:AAPL) iOS and Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Android devices and desktop applications for Microsoft Corp's (NASDAQ:MSFT) Windows, Apple's Mac and Linux.

* The service will soon include digital signatures and other security features.

* The service will be initially catering to B2C models, where users can benefit from a free trial service followed by the option to acquire an annual subscription for permanent storage with secure backup and other advantages.

* Price action: WKEY shares traded lower by 2.87% at $7.44 on the last check Monday.