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MOUNTAIN VIEW, CA – November 30, 2006 – VeriSign, Inc. (NASDAQ: VRSN), the leading provider of intelligent infrastructure for the networked world, today announced that it received notification from the Department of Commerce that it approved the .com agreement submitted by the Internet Corporation for Assigned Names and Numbers (ICANN).
Since 1999, VeriSign has operated the .com registry with 100 percent uptime even as Internet traffic has grown dramatically. Today, VeriSign’s primary computers for .com can handle 10,000 times the DNS query volume they could in 2000.
“The registry operator framework ICANN has adopted and embodied in the .com agreement strengthens the security and stability of the Internet relied on by hundreds of millions of people around the globe,” said Mark McLaughlin, Executive Vice President and General Manager, VeriSign Information Services. “This framework holds operators accountable for their performance, promotes the continued investment of tens of millions of dollars in the infrastructure and provides important safeguards for consumers.”
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.
For More Information
VeriSign Media Relations: Rufus Manning, rmanning@verisign.com,
703-948-4126
VeriSign Investor Relations: Nancy Fazioli, ir@verisign.com,
650- 426-5146
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 the risk that VeriSign’s announced strategic
relationships, including the relationship described herein, may not
result in additional products, services, 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.
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.