VeriSign To Expand Critical Internet
Infrastructure
In India
Regional Internet Resolution Site Planned for Early 2008 will be India’s
First; Part of VeriSign’s Global Project Titan Initiative
New Delhi, India – February 11, 2008 – VeriSign, Inc. (NASDAQ:
VRSN), the leading provider of Internet infrastructure services for
the networked world, today announced its intentions to locate a new
Regional Internet Resolution Site (RIRS) in India, one of the most rapidly
expanding Internet nations in the region.
The new site will help support Internet traffic for
.com and .net, and help provide Internet users in India with enhanced
performance and greater stability. The move is part of Project Titan,
VeriSign’s multi-year initiative to strengthen the critical Internet
infrastructure and expand its capacity tenfold by the year 2010. These
upgrades are vital to managing the surge in Internet interactions and
helping to protect against cyber attacks that are growing in both scale
and sophistication.
“The recent connectivity issues in Asia have demonstrated
the severe impact outages and disruptions have on the global community—placing
an increasing burden on having reliable and secure infrastructure,”
said Ken Silva, chief technical officer for VeriSign. “Because
of our Project Titan strategy, VeriSign’s servers were still able to
process and receive queries during the Internet outage. The placement
of a Regional Internet Resolution Site in India is part of VeriSign’s
continuing commitment to expanding and strengthening the global Internet
infrastructure that so many rely on for their communications and commerce
needs. Additionally, we are committed to help meet the increasing
demands for Internet capacity in India.”
According to a September 2007 Internet World Stats
report, Internet users in India have surpassed 60 million. The
planned RIRS will help support the millions of daily Internet queries
from Internet users in the region, help provide faster responses to
Internet address queries, and will assist VeriSign in identifying and
isolating potential attacks on infrastructure in their early stages.
Worldwide Internet traffic volume continues to increase
with the emergence of consumer-driven services, the surge in web-connected
wireless devices and the proliferation of DNS-centric technologies.
Since 2000, the volume of Internet traffic on VeriSign’s global infrastructure
has increased from an average of 1 billion domain name system queries
per day to peaks of more than 33 billion queries per day today.
VeriSign’s Project Titan will increase its daily DNS
query capacity from 400 billion queries a day to more than 4 trillion
queries a day and will increase the aggregate network bandwidth of its
primary resolution sites from over 20 gigabits per second (Gbps) to
greater than 200 Gbps per second. VeriSign also plans to expand its
deployment of Regional Internet Resolution Sites, similar to the one
being deployed in India, to more than 100 locations across the globe
by 2010.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates digital infrastructure
services that enable and protect billions of interactions every day
across the world’s voice and data networks. Additional news and information
about the company is available at www.verisign.com.
Trademarks
VeriSign, and other trademarks, service marks, and
logos are registered or unregistered trademarks of VeriSign and its
subsidiaries in the United States and in foreign countries.
Copyright © 2008 VeriSign, Inc. All rights reserved.
For more information, contact:
In India: Megan Jackson, mjackson@verisign.com.au,
+61 413 228 835
VeriSign Media Relations: Rufus Manning, rmanning@verisign.com,
+1 703.948.4126
VeriSign Investor Relations: Nancy Fazioli, mailto:nfazioli@verisign.com,
+1 650.426.5416
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 risk that
VeriSign’s announced expansions in capacity, including the expansion
described herein, may not result in additional products, services, customers,
profits or revenues; and increased competition. 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.
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