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Deploys Intelligent Infrastructure that Enables Traditional and Next-Generation Services
CommunicAsia, Singapore, 21 June 2006—VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced that it has expanded its communications network into Asia to meet customer demand for improved international roaming services. The company also announced that SK Telecom will be the first CDMA operator in the region using its new network services.
VeriSign has built network Signaling Transport Points and Signaling Control Points in Osaka and Tokyo that feature best-in-class operations methodologies that help ensure high availability, redundancy and reliability. Operators using local network capabilities can increase performance and availability for intra-Asia voice and data roaming traffic. Previously, much of that traffic has to be routed back to the United States even if it is between Asian operators.
A number of VeriSign’s Intelligent Messaging Processor (IMP) services—consisting of applications, platforms and intellectual property developed to support international roaming—are also now available in Asia.
SK Telecom will be using the VeriSign Signaling System 7 (SS7) network, IMP and Roamer View services to gain route diversity, improve network availability and support advanced roaming services.
“SK Telecom chose VeriSign for the company’s service, quality and reliability and commitment to the Asian market. We wanted network traffic handled locally. By using VeriSign’s highly redundant, regional signaling infrastructure in Asia, we can improve performance, reliability and customer satisfaction, while reducing operating costs and overhead,” said Yeong Ahn Kim, general manager of the global roaming department, SK Telecom.
VeriSign’s regional investments are being viewed as positive, as noted by Perry LaForge, Executive Director, CDMA Development Group, who said, “We see the deployment of a regional data center as critical to the voice and data service requirements of the Asian operators and we are excited about the additional regional options that VeriSign can bring to CDMA operators.”
VeriSign will leverage its presence in the region to deliver a full set of managed services, including SMS and MMS messaging services, digital content services, traditional and next-generation communications services and commerce and self-care capabilities.
“We have seen tremendous market interest in VeriSign’s managed communications capabilities and expanding our network to Asia will allows us to better serve local operators in one of the largest and fastest-growing markets today,” said Marshall Towe, vice president, Asia Pacific, VeriSign Communications Services.
The presence of VeriSign’s Communications Services Group complements that of VeriSign Japan and the VeriSign Security Services Group, which have been in the region since 1996 and 1999 respectively.
About VeriSign
VeriSign, Inc. (Nasdaq: VRSN), operates intelligent infrastructure services
that enable and protect interactions across voice and data networks
anytime, from anywhere on multiple devices. Additional news and information
about the company is available at www.verisign.com.
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VeriSign, and other trademarks, service marks, and logos are
registered or unregistered marks of VeriSign and its subsidiaries in
the United States and in foreign countries. Copyright © 2005 VeriSign,
Inc. All rights reserved.
For More Information contact:
VeriSign Media Relations: Lori Sinsley, lsinsley@verisign.com,
650-426-4716
VeriSign Investor Relations: Tom McCallum,
tmccallum@verisign.com, 650-426-3744
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; the possibility that this service 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, 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.