News & Events

VeriSign Introduces Three-Year SSL Certificates

Longer Term SSL Certificates Provide Significant Cost Savings; Highest Levels of Encryption Possible

MOUNTAIN VIEW, CA. and LONDON, ENGLAND – INFOSEC 2005 – April 25, 2005 – VeriSign, Inc., (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced that the company will offer three-year-term Secure Sockets Layer (SSL) Certificates to enterprises starting in May 2005. The new three-year SSL Certificates will significantly reduce the cost and administrative tasks of deployment, without sacrificing the highest levels of security possible.

SSL is an industry-wide protocol for managing the security of information on the Internet, which uses a public key infrastructure (PKI) system to encrypt data in transmission. With the increased usage of applications for e-commerce and the exchange personal information online, it is becoming paramount to encrypt and protect Internet data. VeriSign is the leading provider of SSL Certificates, securing over 450,000 enterprises worldwide including over 93 percent of Fortune 500 companies and 47 of the 50 largest e-commerce sites.

“SSL-based security provides the critical conduit through which personal or confidential information is exchanged across the Internet,” said Chad Kinzelberg, vice president, VeriSign Security Services. “Three-year SSL Certificates will provide enterprises with a more cost-effective alternative for deploying SSL, eliminating the year-over-year administrative task of renewing a certificate. Additionally, by adding the VeriSign® Secured™ Seal, customers can conduct business online with the confidence that their information is backed by the highest level of security possible.”

VeriSign three-year SSL Certificates can save enterprises up to 24 percent over yearly renewals, and they come with a full set of premium features that are unmatched in the industry. All three-year certificates enable 256-bit SSL encryption for compatible server and browser software, including the Mozilla Firefox browser. VeriSign offers certificates enabled for Server Gated Cryptography (SGC), which helps ensure that all site visitors connect at the strongest level of encryption. Currently, VeriSign, including its subsidiaries, affiliates, and resellers, is the only leading provider of SSL to offer SGC-enabled SSL Certificates.

All three-year SSL Certificates from VeriSign come with the VeriSign Secured Seal, the most recognized trust mark on the Internet. Online businesses can display the seal on their sites, providing customers with another method for verifying that they are dealing with an authenticated Web site that takes advantage of best practices in security. In a recent survey by TNS Market Research, 40 percent of online shoppers reported that they have abandoned online transactions that they would have completed if the VeriSign Secured Seal were present on the site in question.

For more information, or to purchase a three-year VeriSign SSL Certificate, please go to: www.verisign.com/dm/3-year-ssl-certificates.html

About VeriSign 
VeriSign, Inc. (Nasdaq: VRSN) operates intelligent infrastructure services that enable businesses and individuals to find, connect, secure and transact across today’s complex, global networks. Additional news and information about the company is available at http://www.verisign.com/

For more information, contact: 
VeriSign Media Relations: Brendan Lewis, brlewis@verisign.com, 650-426-4470 
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com, 650-426-3744

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 inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSign's three-year SSL Certificates, the possibility that VeriSign’s announced new services may not result in additional 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, 2004 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.

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