eNIC and VeriSign Partner to Expand Reach of .cc Domain from VeriSign, Inc.

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eNIC and VeriSign Partner to Expand Reach of .cc Domain

Seattle, Wash. and Mountain View, Calif., May 30, 2001 - VeriSign, Inc. (Nasdaq: VRSN), the leading provider of Internet trust services, and eNIC Corporation, the registry for Web addresses ending in .cc, announced that the VeriSign Global Registry Services division will expand registration access to the .cc top-level domain (TLD) to its customer base, which includes all of the domain name registration companies (registrars).

"With today's announcement we are providing another in a diverse suite of products and services to registrars," says Herb Hribar, executive vice president and general manager of VeriSign Global Registry Services. "By providing registrars with access to .cc domain names, businesses and consumers have an added option when selecting a Web identity. We are excited about the relationship with eNIC, a pioneer in alternative Web addresses."

Registrars will access .cc names through its Shared Registration System (SRS). Use of the SRS allows multiple registrars to simultaneously access the .cc registry and offer names to their customers. It also allows other registries easier access to and technical implementation with the network of registrars that has made .com the largest domain on the Internet.

"Having access to VeriSign's registrar partners significantly strengthens the position of .cc in the global marketplace," said Brian Cartmell, CEO of eNIC. "Individuals and businesses looking for a domain name can now benefit from VeriSign's reach into the registrar market and learn why hundreds of thousands of customers say 'dot-cc works for me.' Partnerships such as this will help grow the domain-name industry and create demand for eNIC's products using the Domain Name System. That's where the real excitement starts. We're getting closer to realizing the potential of the Internet."

 
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.

About eNIC Corporation  
eNIC Corporation, http://www.enic.cc, a privately held Internet company based in Seattle, Washington, is the worldwide registry of the Dot-CC TLD and is the registrar for second level domain names within the Dot-CC TLD. Brian Cartmell, Chairman and CEO of eNIC, founded the company in October 1997. eNIC is currently the second largest registry in the United States and the fourth largest registry and registrar of country code TLDs in the world with 350,000 registered domains in the Dot-CC TLD alone. Registrants of Dot-CC domains include major corporations throughout the world including such notable companies as Intel Corporation (NASDAQ:INTC - News), Deutsche Telecom, Amazon.com (NASDAQ:AMZN - News), Yahoo! (NASDAQ:YHOO - News), Goodyear Tire and Rubber (NYSE:GT - News) and the Coca-Cola Company (NYSE:KO - News). As the Dot-CC registry, eNIC acts as the authoritative repository of all functional information relating to all Dot-CC domain names. The company markets Dot-CC domains worldwide in conjunction with its more than 7,000 affiliates and marketing partners. For more information, please visit http://www.enic.cc.

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.

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