CTIA Re-Elects VeriSign Executive to Board
of Directors
Telecommunications Veteran Vernon Irvin Demonstrates Extensive Expertise
in Wireless Industry and Helps Shape Agenda
MOUNTAIN VIEW, CA – September 29, 2005 -VeriSign, Inc. (Nasdaq:
VRSN), the leading provider of intelligent infrastructure services for
the Internet and telecommunications networks, announced that CTIA—The
Wireless Association, an international organization representing all
sectors of wireless communications, re-elected Vernon L. Irvin to its
Board of Directors.
Originally elected a year ago, Irvin has helped set
CTIA’s strategic leadership direction on issues such as taxation, roaming,
safety, regulations, fraud and technology.
As Executive Vice President and General Manager of
VeriSign Communications Services, Irvin is responsible for sales and
marketing, product management and development, network operations and
regulatory activities. The business provides Intelligent Commerce, Communications
and Content Services to more than 1,000 telecommunications carriers
and operators around the world. Since joining VeriSign in June 2003,
Irvin has grown VeriSign’s telecommunications business and introduced
a range of services to help wireless carriers leverage new opportunities
in communications, commerce and content.
"We are pleased that Vernon Irvin has been re-elected
to our Board, a decision based on the expertise he brings to our organization
and to the role that VeriSign plays in the wireless and telecommunications
ecosystem,” said Steve Largent, president and CEO of CTIA -The Wireless
Association. “This organization and members of the industry, many of
whom supported Vernon’s second term, value his insight and perspective,
which is helping to shape what is truly becoming an even more exciting,
competitive and dynamic market."
“As this market expands to include opportunities around
mobile virtual networks, location-based services and rated mobile content,
CTIA’s role in educating industry leaders and policy makers is growing,”
said Irvin. “Because the industry is approaching a new inflection point,
which makes it imperative to have a unified perspective, it is a privilege
having an extended opportunity to serve on CTIA’s board to shape current
and future debates.”
Irvin has been a tireless advocate for the industry,
promoting opportunities for carriers to leverage in the areas of intelligent
communications, content and commerce. He is an active member on industry
boards and a trusted adviser to colleagues and customers, championing
the growth and interconnections of the wireless ecosystem.
About VeriSign
VeriSign, Inc. (Nasdaq: VRSN), operates intelligent infrastructure services
that enable and protect interactions across voice and data networks
anytime, from anywhere on multiple devices. Additional news and information
about the company is available at www.verisign.com.
Trademarks
VeriSign, and other trademarks, service marks and logos are registered
or unregistered marks of VeriSign, Inc. and its subsidiaries in the
United States and in foreign countries. Copyright © 2005 VeriSign, Inc.
All rights reserved.
For More Information
VeriSign Media Relations: Lori Sinsley, lsinsley@verisign.com,
650-426-4716
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 increasing competition and
pricing pressure from competing services offered at prices below our
prices and market acceptance of our existing services, the inability
of VeriSign to successfully develop and market new services and the
uncertainty of whether new services as provided by VeriSign will achieve
market acceptance or result in any revenues. 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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