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Cincinnati Bell Wireless First Carrier to Offer Solution That Replicates Personal Data for Lost, Stolen or Damaged Phones
CTIA Wireless 2006, Las Vegas, NV, April 5, 2006 – VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced VeriSign Backup Plus, which instantly and automatically backs up and restores personal data on mobile phones. Cincinnati Bell (NYSE: CBB) will be the first carrier in the world offering the hosted, self-care service.
VeriSign is committed to introducing new services and features that elevate the mobile experience. VeriSign Backup Plus will initially feature instant, over-the-air back up of contacts in mobile phone address books, giving consumers peace-of-mind from knowing their data is backed upon entry and easily retrievable if phones are lost, stolen or damaged. Later this year, the service will back up mobile calendars, pictures and video and audio content.
“Mobile phones are integral to having an increasingly rich ‘MobiLife.’ Because billions of people use them to stay connected, organized and entertained, VeriSign created a dynamic solution that operators can offer to give customers assurance and peace-of-mind from knowing their mobile content is available and easily retrievable,” said Bill Wolfe, senior vice president, VeriSign Communications Services. “We are excited to have Cincinnati Bell as our first Backup Plus customer.”
Studies have shown that 25 percent of mobile phones are lost each year and most consumers change phones every 12 months. Yet, despite this, most people don’t back up their mobile phone data.
“Cincinnati Bell is always looking for ways to build customer loyalty—whether consumers or business users,” said Mike Vanderwoude, vice president and general manager of Cincinnati Bell Wireless. “We know VeriSign is a trusted provider of rich, secure and scalable mobile services that can be used to enhance the mobile experience. Our customers will appreciate the ‘data safety net’ that Backup Plus provides.”
By leveraging VeriSign’s intelligent infrastructure, carriers, portals, media and consumer goods companies and other network-savvy businesses can bring services to market more quickly while reducing risk, lowering costs and improving the customer experience.
VeriSign Backup Plus is now generally available worldwide. Cincinnati Bell plans to launch its Backup Plus service in May 2006.
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About VeriSign
VeriSign, Inc. (Nasdaq: VRSN), operates intelligent 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.
About Cincinnati Bell Inc.
Cincinnati Bell Inc. (NYSE: CBB) is parent to one of the nation's most
respected and best performing local exchange and wireless providers
with a legacy of unparalleled customer service excellence. With headquarters
in Cincinnati, Ohio, Cincinnati Bell provides a wide range of telecommunications
products and services to residential and business customers in Ohio,
Kentucky and Indiana. For more information, visit www.cincinnatibell.com.
Trademarks
VeriSign and other trademarks, service marks and logos are registered
or unregistered marks of VeriSign, Inc. and its subsidiaries in the
United States and in foreign countries. Copyright © 2006 VeriSign, Inc.
All rights reserved.
For More Information
VeriSign Media Relations: Lori Sinsley, lsinsley@verisign.com,
650-426-4716
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com,
650-426-3744
Cincinnati Bell Media Relations: Jill Cobb, jcobb@hsr.com, 513-346-3492
Forward Looking Statement
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 increasing competition and
pricing pressure from competing services offered at prices below our
prices and market acceptance of our existing services, the inability
of VeriSign to successfully develop and market new services and the
uncertainty of whether new services as provided by VeriSign will achieve
market acceptance or result in any revenues. 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, 2005 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.