American Medical Association Partners with VeriSign to Launch Next Generation Internet ID Service for Health Care Professionals from VeriSign, Inc.

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American Medical Association Partners with VeriSign to Launch Next Generation Internet ID Service for Health Care Professionals

Partnership brings Expanded Services and Applications to the Leading Physician Internet Authentication Service

Chicago, IL, and Mountain View, CA – April 25, 2001 - The American Medical Association (AMA), and VeriSign, Inc. (Nasdaq: VRSN), the leading provider of Internet trust services, today announced a partnership to further develop and enhance the AMA's Internet ID service. As a result of this partnership, VeriSign is the AMA's exclusive technology provider for the AMA Internet ID service, which is the only nationwide system available to authenticate physicians to enable secure Internet communications and transactions. The enhanced service will be the first Internet authentication offering built on VeriSign's recently announced next generation trust services, which provide a standards-based, open framework that makes it easy for developers to integrate advanced security functions into online applications. The partnership will help accelerate the development of e-health applications that can utilize AMA Internet IDs, the first of which will be a new secure e-mail service scheduled for release in the third quarter.

"The AMA's partnership with VeriSign offers access to new technology that will enhance the AMA Internet ID, providing physicians with a trusted environment and a host of new features and benefits that will make it easier for them to shift more patient-sensitive work online," said Robert A. Musacchio, Ph.D., AMA senior vice president of business and membership.

The AMA Internet ID service was initially created from innovative authentication security technology developed by Intel Corporation. VeriSign licensed the Intel-developed technology and will go forward with the AMA to expand the service. AMA Internet IDs became available in December 2000 to protect physician privacy and confidentiality when online medical information is sent or received.

Physicians routinely cite security as their main concern in using the Internet to communicate and conduct transactions. With this service, physicians can more fully realize the potential of the Internet by using their AMA Internet IDs. These ensure security, in a wide range of clinical and administrative web-based applications that are currently part of physician's daily workflow, such as claims, patient charting and e-prescriptions. Since physicians conduct business in a variety of places including offices, hospitals and home offices, the enhanced service features roaming capabilities to give physicians the freedom to perform online tasks securely from any location. It will also allow for delegation or assignment of selected privileges to a physician's staff, enabling for the first time a complete secure online practice.

"Physicians, practitioners and clinicians need a centralized trusted infrastructure to meet current demands for secure communications and to move e-health care to the next level of service," said Anil Pereira, senior vice president and group general manager of VeriSign's Enterprise and Service Provider division. "By leveraging VeriSign's next generation trust services, the new service is well positioned to have a significant impact on the creation of a frictionless e-health economy by making it easy to enable the use of digital certificates in e-health applications."

The service provided by VeriSign and the AMA will offer the following features and benefits:

  • Managed outsourced service alleviates responsibility from health care organizations to authenticate physicians
  • Real-time authentication automatically confirms validity of AMA Internet IDs
  • Roaming technology enables physicians to encrypt or digitally sign information from any desktop with Internet access
  • Delegation capability allows physicians to allocate select tasks to office staff.

VeriSign's managed trust services are designed to rapidly assist health care organizations and application vendors in their efforts to comply with the Health Insurance Portability and Accountability Act (HIPAA) regulations.

Availability 
 
The AMA's Internet ID service is available today and the enhanced service is scheduled for availability in the third quarter. The new secure e-mail services and digital signature handling capability will be available as part of the service in the third quarter.

About the American Medical Association 
Founded 154 years ago, the American Medical Association is the largest medical association in the world and is the nation's principal advocate for patients and their physicians. It sets standards for the profession of medicine and is an influential leader in the continuing national debate over health care. The AMA's work includes the development and promotion of standards in medical practice, research and education; a strong advocacy agenda on behalf of patients and physicians; and the commitment to provide accurate, timely information and discourse on matters important to the health of America. For more information, please visit www.ama-assn.org.

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.

Learn more: Healthcare Authentication Services

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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