back
VeriSign Appoints Herb Hribar as Executive Vice President and General Manager of Global Registry Services
Veteran Internet Leader Brings Strong Operating Experience and Track-Record in Growing Infrastructure Businesses
Mountain View, California, April 27, 2001 - VeriSign, Inc. (NASDAQ: VRSN), the leading provider of Internet trust services, today announced that it has appointed veteran Internet executive Herb Hribar as Executive Vice President and General Manager of VeriSign's Global Registry Services group. Hribar, formerly CEO of Interliant, will join VeriSign to lead the expansion of service offerings from the company's globally deployed registration and resolution infrastructure that currently supports the Internet's Domain Name System (DNS). Hribar will oversee development, operations and business development of new and existing services at the Global Registry. This global infrastructure, based on an authoritative database of domain names, is critical to the routing and resolution of domain names globally, and will serve as the basis for new VeriSign offerings in the future.
"Herb's leadership, vision and extensive Internet business experience makes him an invaluable addition to our senior management team," said Stratton Sclavos, president and CEO of VeriSign. "Our rapid growth demanded that we recruit an aggressive, experienced leader to oversee the VeriSign Global Registry. Herb brings a significant background in managing network businesses and intimate Internet knowledge that we hope to leverage as we build out the Internet's most trusted utility."
"I am delighted to join the strongest Internet infrastructure company in the world," said Hribar. "Everyday VeriSign's Global Registry business makes the Internet work and come alive for businesses and consumers worldwide, and I look forward to applying my background to help implement the VeriSign mission of enabling everyone, everywhere to use the Internet with absolute confidence."
Hribar joins VeriSign after an extensive executive career with some of the world's leading Internet and telecommunications companies. Immediately before joining VeriSign, Hribar was the CEO and president at Interliant, Inc, a leading publicly traded Internet application service provider. Prior to Interliant, Hribar was the president and COO of Verio Inc., president of Ameritech Cellular Services, Vice President of Sprint and Sprint International and also a Vice President at GTE Telenet.
About VeriSign
VeriSign, Inc. (Nasdaq:VRSN) is the leading provider of trusted infrastructure
services to Web sites, enterprises, electronic commerce service providers
and individuals. The Company's domain name, digital certificate and
payment services provide the critical web identity, authentication and
transaction infrastructure that online businesses require to conduct
secure e-commerce and communications. VeriSign's services are available
through its Web site (www.verisign.com)
or through its direct sales force and reseller partners around the world.
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, VeriSign's limited operating history under its current business structure, uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results, increased competition, risks associated with the company's international business and risks related to potential security breaches. 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, especially in the company's Annual Report on Form 10-K for the year ended December 31, 2000. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.
VeriSign is a registered trademark of VeriSign, Inc. Other names may be trademarks of their respective owners.