Juno to Offer VeriSign's
Web Site Building Tool to Millions of Subscribers
MOUNTAIN VIEW, CA and NEW YORK, NY (July 9, 2001) -- Juno Online
Services, Inc. (Nasdaq: JWEB) today announced a strategic agreement
with VeriSign, Inc. (Nasdaq: VRSN) to provide Juno's subscribers with
access to domain name registration services and other value-added Web
presence offerings, including professional Web site design services
aimed at small businesses and consumers. One of the nation's largest
Internet access providers, Juno provides multiple tiers of billable
and free services to millions of subscribers throughout the United States.
Under the agreement with VeriSign, Juno will offer
VeriSign Domain Name and value-added products and services to its subscribers
through banner advertisements and text links on its portal site, www.juno.com.
"Through our partnership with VeriSign, Juno
subscribers have access to services designed to help them establish
whatever Web presence they desire, either for personal or professional
use," said David Jakubowski, Juno's vice president for business
development. "VeriSign provides terrifically useful and versatile
tools for our members."
"VeriSign and Juno are helping consumers and
entrepreneurs get started on the Web," said Ben Turner, VeriSign's
vice president and general manager for Value Added Services and Products.
"There are great synergies in working together. Since we launched
our services on Juno, Juno has become one of the top resellers of our
popular Web site design tool."
VeriSign's registration services have expanded to
include the .com, .net, .org, .tv, .cc, and .ws top-level domains. In addition, VeriSign's value-added
services include a Web site design service, which small businesses and
consumers can use to build a Web site in as little as 10 minutes. The
service, available through ImageCafe™ at www.imagecafe.com,
includes a unique Web address with matching e-mail, hosting, and a point-and-click
Web site editing tool. Unlimited live chat customer support is free.
About Juno
Juno Online Services, Inc. is one of the nation's leading Internet access
providers, with 15.9 million total registered subscribers as of March
31, 2001, and 4.1 million active subscribers during that month.
Founded in 1995, Juno provides multiple levels of
service, including free basic Internet access, billable premium dial-up
service, and (in certain markets) high-speed broadband access. The company's
revenues are derived primarily from the subscription fees charged for
its billable premium services, and to a lesser extent from the sale
of advertising and from various forms of electronic commerce.
For more information about Juno, visit www.juno.com/corp/.
To get a copy of the Juno software, go to www.juno.com
or call 1-800-TRY-JUNO.
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 sites (www.verisign.com
and www.networksolutions.com)
or through its direct sales force and reseller partners around the world.
###
Forward-Looking Statements:
For VeriSign
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 and
Quarterly Report on Form 10-Q for the quarter ended March 31, 2001.
VeriSign undertakes no obligation to update any of the forward-looking
statements after the date of this press release.
For Juno
Statements in this press release regarding Juno Online Services, Inc.
that are not historical facts are forward-looking statements and are
subject to risks and uncertainties that could cause such statements
to differ materially from actual future events or results. Any such
forward-looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. The following
factors, among others, could cause Juno's actual results to differ materially
from those described in a forward-looking statement: limited history
of offering Juno's billable premium services and free basic service
in its current form; history of losses; possible unavailability of financing
as and if needed; risks that Juno may be unable to derive significant
revenues from the sale of advertising, due to market conditions or other
factors; inability to successfully migrate free subscribers to, or to
retain subscribers in, Juno's billable premium services; increasing
competition from existing or new competitors; rapid technological change;
dependence on a limited number of telecommunications carriers and other
third party vendors; possible industry consolidation; and potential
fluctuations in quarterly and annual results. This list is intended
to identify only certain of the principal factors that could cause actual
results to differ. Readers are referred to the reports and documents
filed from time to time by Juno with the Securities and Exchange Commission,
including the Quarterly Report on Form 10-Q filed May 11, 2001, for
a discussion of these and other important risk factors.
VeriSign is a registered trademark of VeriSign,
Inc. Network Solutions and ImageCafe are registered trademarks of Network
Solutions, Inc. Other names may be trademarks of their respective owners.
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