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VeriSign’s Intelligent Content Delivery Network™ Brings Original Podcasts and Video to Sports Social Networking Site
LAS VEGAS, NV, January 9, 2007 – VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure for the networked world, today announced that NBX, an online sports entertainment company, will use the new VeriSign Intelligent Content Delivery Network (CDN) to improve its user experience for online video.
VeriSign is enabling NBX to deliver high-quality, secure podcasts and videocasts to sports fans via the Internet. NBX.com offers online, interactive sports competition to avid sports fans through the NBX Fantasy Sportsbook, which combines fantasy sports betting with an activity-based social network and original sports media programming. Users simply register on the website, create a profile and can begin competing and communicating with each other instantly and it is free to join and play. In addition, NBX users have access to view all of NBX's sports media content, including blogs, videocasts and podcasts.
“Just like other media and entertainment companies, sports entertainment companies need a secure and cost-effective way to distribute the Internet-based content their customers are demanding,” said Todd Johnson, senior vice president for global marketing for VeriSign. “The VeriSign Intelligent CDN, through the latest streaming technology and Kontiki peer-to-peer (P2P) technology, enables NBX to offer the best possible experience for sports fans by providing them a choice in how their content is delivered.”
VeriSign Intelligent CDN enables entertainment companies like NBX to safely distribute their copyrighted content with digital rights management, at a lower cost and higher quality. With a legacy in Internet security, VeriSign is leveraging its scalable, global infrastructure to offer a range of streaming, download and play options in addition to the Kontiki P2P technology.
“We are always focused on providing our users with the most entertaining experience possible when they visit NBX.com,” said John Linney, executive vice president of product management for NBX. “As our user base continues to grow exponentially, so does the demand for our original video programming. VeriSign’s content delivery network dramatically helps us increase delivery speed while maintaining the highest viewing quality of the NBX video programs. Aside from being extremely cost effective, VeriSign helps make NBX a better interactive experience for our users.”
The audience of passionate sports fans looking for quality entertainment offerings online is massive and continues to grow. According to the Center for Media Research, the top five sports websites alone boast more than 60 million visitors. In addition, an estimated 20 million fantasy sports players were online in 2006, according to the Fantasy Sports Trade Association.
About NBX Inc.
NBX Inc. (No Boundaries Experience) offers the NBX Fantasy Sportsbook™
integrated with the MyNBX™ Social Network and unfiltered sports media
programs, providing the ultimate, interactive sports competition to
avid sports fans. All NBX offerings are completely free. The NBX Fantasy
Sportsbook allows sports fans to “wager” using NBX points, not their
hard-earned cash. Players compete for bragging rights, weekly cash and
prizes plus a chance to qualify for free fantasy sports tournaments
with $10,000 grand prizes.
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.
Trademarks
VeriSign, Kontiki 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.
NBX, NBX Fantasy Sportsbook, MyNBX and The World Sports Betting Championships are trademarks of NBX Inc.
For More Information
VeriSign Media Relations: Lisa Malloy, lmalloy@verisign.com,
202-270-7600
VeriSign Investor Relations: Nancy Fazioli, ir@verisign.com,
650-426-5146
NBX Media Relations: Kirk Reynolds, kirk@nbx.com,
408-592-4955
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 inability of VeriSign to successfully
develop and market new products and services and customer acceptance
of any new products or services, including VeriSign’s Intelligent Content
Delivery Network; 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.
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