More Than 2,000 Web Sites Reassure Online
Users with VeriSign Extended Validation
Pioneer Electronics, Case Logic and Lamps Plus Join Growing Legion
of Internet Merchants Deploying VeriSign EV SSL to Build Trust with
Consumers
Mountain View, CA – January 14, 2008 – Every day, a simple
green address bar appearing in millions of Internet browsers helps assure
consumers that they have reached a legitimate Web site – and not a tool
of clever identity thieves. That’s because more than 2,000 online merchants
have adopted advanced validation solutions from VeriSign, Inc. (NASDAQ:
VRSN), the leading provider of Internet infrastructure for the networked
world.
By deploying VeriSign
Extended Validation (EV) Secure Sockets Layer (SSL) Certificates,
such companies as Pioneer Electronics, Case Logic and Lamps Plus are
building trust and confidence among consumers by offering them immediate
and visible assurance that they are dealing with a reputable e-commerce
site.
VeriSign EV SSL protection helps merchants combat
e-criminals who use fraudulent sites and pages to illegally capture
passwords, credit card numbers and even Social Security Numbers. VeriSign-protected
sites enable high-security browsers, such as Microsoft Internet Explorer
7, to display a green address bar, signalling to users that their personal
information will go only to their bank or retailer. Those browsers also
display other visual cues, including a lock icon next to the address,
and a new field that contains the name of the organization that owns
the site as well as the security provider that issued the certificate,
such as VeriSign.
“VeriSign’s EV SSL offers a major advantage for online
retailers aiming to build trust with customers at first glance,” said
Ralph Esquibel, infrastructure architect and server operations manager
at Pioneer Electronics. “When customers visit our site and spot the
green bar, they know they’ve found a safe place to shop on the Internet.
In an age where identity theft is a constant concern for many shoppers,
this reassurance is invaluable.”
“Though building trust with online customers is difficult
and time-consuming, losing that trust can happen in the blink of an
eye,” said Tim Callan, director of SSL product marketing at VeriSign.
“That’s why thousands of domains are now protected with VeriSign EV
SSL certificates. By displaying the green bar to site visitors, online
businesses like banks and retailers are communicating that they care
enough to provide the most advanced protection available. And in the
process, they are protecting the relationship they’ve built with customers.”
As the most respected and trusted SSL authority on
the Web, VeriSign is the EV SSL Certificate provider of choice for more
than 2,000 Internet domains, representing greater than 75 percent of
the entire EV SSL Certificate market worldwide. In fact, over 93 percent
of the Fortune 500 – and the world’s 40 largest banks – rely on a VeriSign
SSL Certificate to meet their security needs.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates digital infrastructure services
that enable and protect billions of interactions every day across the
world’s voice, video and data networks. Additional news and information
about the company is available at www.verisign.com.
Media Contact
Christina Rohall, crohall@verisign.com,
650-426-5219
Statements in this announcement other than historical
data and information constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These statements involve risks
and uncertainties that could cause VeriSign's actual results to differ
materially from those stated or implied by such forward-looking statements.
The potential risks and uncertainties include, among others, the uncertainty
of future revenue and profitability and potential fluctuations in quarterly
operating results due to such factors as the inability of VeriSign to
successfully develop and market new products and services and customer
acceptance of any new products or services, including VeriSign’s Extended
Validation SSL Certificates and solutions, the possibility that VeriSign’s
announced new services may not result in additional customers, profits
or revenues; and increased competition and pricing pressures. More information
about potential factors that could affect the company's business and
financial results is included in VeriSign's filings with the Securities
and Exchange Commission, including in the company's Annual Report on
Form 10-K for the year ended December 31, 2006 and quarterly reports
on Form 10-Q. VeriSign undertakes no obligation to update any of the
forward-looking statements after the date of this press release.
©2008 VeriSign, Inc. All rights reserved. VeriSign,
the VeriSign logo, the checkmark circle, and other trademarks, service
marks, and designs are registered or unregistered trademarks of VeriSign,
Inc., and its subsidiaries in the United States and in foreign countries.
All other trademarks are property of their respective owners.
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