Hublot and WISeKey Digital Brand Protection Solution Showcased at the Annual Meeting of New Champions 2010 Tianjin, People's Republic of China
TIANJIN, China, September 13, 2010 /PRNewswire/ -- Hublot, a leading Swiss watch
manufacturer and WISeKey, a 2010 World Economic Forum (WEF) Global Growth
Company, announced the successful deployment of their unique breakthrough
anti-counterfeiting solution, demonstrating the highly proactive collaboration
amongst Global Growth Companies to develop concrete solutions to important
issues facing society.
Since 2010, all Hublot watches have been protected by WISeAuthentic(R), an
authenticity-certification system using WISeKey technology. Operational in over
400 Hublot boutiques over all continents and praised by the reseller network and
Hublot's management, the risk of counterfeiting is greatly reduced and sales are
monitored in real time, allowing quantifiable direct marketing activities and
control of the gray market.
"The technology consists of creating an electronic guarantee certificate with an
algorithm, which contains the watch identity code and enables privileged access
to a reserved space on the Hublot website. Hublot sales outlets and clients are
able to use the SmartCard to check instantly online if the watch is genuine.
This combination provides a fail-safe solution, impossible to replicate, at a
fraction of the amount lost in sales due to counterfeits," said Jean-Claude
Biver, Hublot's CEO.
"This is a major issue debated between WEF Global Growth Companies here in
Tianjin, as counterfeiting represents five to seven percent of all world trade
and is increasing daily," said Carlos Moreira, WISeKey's CEO. "With luxury brand
industries estimated at one trillion dollars (US), these companies need a
reliable solution that will prove authenticity. We are pleased that WISeKey
technology is now used in the fight against counterfeiting."
WISeAuthentic is available for luxury, pharmaceutical, auction, aeronautic and
More information: http://www.wisekey.com/en/solutions/digital-brand-protection