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Message volume on February 14 expected to spike 40 percent, in line with two-year trend
MOUNTAIN VIEW, Calif. – Feb. 13, 2008 – According to calculations by VeriSign, Inc. (NASDAQ: VRSN), the leading provider of Internet infrastructure for the networked world, a record 2.2 billion mobile messages, including short message service (SMS), and multimedia messaging service (MMS) messages, are expected to be sent and received across carriers and mobile application providers on Valentine’s Day 2008 in North America alone.
Valentine’s Day is traditionally the busiest day of the year for mobile messages. For the past two years, the number of messages VeriSign powered on its infrastructure jumped 40 percent on February 14 compared to an average day.
“Mobile messaging continues to show impressive growth,” said Charles Meyers, group president, Messaging and Mobile Media, VeriSign. “This is a business where the ability to quickly scale to meet huge spikes in demand is absolutely critical. VeriSign successfully met this demand by delivering 530 million SMS messages on New Year’s Eve, and we’re confident that Valentine’s Day will bring another record day to the network.”
Mobile messaging activity has continued to skyrocket in the past 12 months. VeriSign powers inter-carrier mobile messaging for seven of the top ten wireless carriers in North America, and the company’s global infrastructure currently enables over 400 million messages on a typical day. In 2007, VeriSign enabled 96 billion mobile messages across its network globally, up from 43 billion in 2006.
VeriSign publishes a quarterly “Mobile Messaging Index” which contains statistics, data and trends on the mobile messaging industry. To receive a copy of the Index, send an email to pr@verisign.com.
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About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates internet infrastructure services
that enable and protect billions of interactions every day across the
world’s voice, video and data networks. Additional news and information
about the company is available at www.verisign.com.
Contacts
VeriSign Media Relations: Allison (Flerl) Fritz, aflerl@verisign.com,
650-426-4649
VeriSign Investor Relations: Nancy Fazioli, ir@verisign.com,
650-426-5146
VeriSign Industry Analyst Relations: Kathryn Hammler, khammler@verisign.com,
703-948-4367
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, 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.