News & Events

VeriSign to Provide US LEC with Network Connectivity and Database Services 

Three-Year Deal for Communications Services Includes SS7 and CNAM  

MOUNTAIN VIEW, CA, JUNE 6, 2006—VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced that it has signed a multi-year contract with US LEC, one of the largest Competitive Local Exchange Carriers in the United States, to provide network services including Signaling System 7 (SS7) Connectivity, Calling Name Database (CNAM) Storage and Access, Toll-Free Database and ISUP Trunk Signaling.

US LEC, a full-service provider of IP, data and voice solutions to businesses and enterprise organizations, will use VeriSign’s SS7 network, the largest of its kind in the Americas, for connectivity and switch and transport functions for calls on the Public Switched Telecommunications Network. The carrier will also use VeriSign’s Toll-Free Database and ISUP Trunk Signaling Services and add its subscribers to VeriSign’s CNAM database. It will in turn be able to provide its subscribers with enhanced caller ID information for more than 90 million consumers already in the database.

“As US LEC continues transitioning to a next-generation carrier, we need to use world-class technologies that can support our customer-centric business model,” said Alan Fitzpatrick, senior vice president of engineering for US LEC. “By working with VeriSign, we add a premier vendor that can grow with us and provide high quality services at lower overall cost.”

By leveraging VeriSign’s intelligent infrastructure services, operators, portals, media and consumer retail companies can accelerate the launch of revenue-generating services that create new and compelling customer experience that can increase usage, satisfaction and loyalty while reducing costs.

“US LEC is a notable win for VeriSign and it is exciting to be providing them with intelligent infrastructure services that can help it gain and retain customers and offer more competitive next-generation solutions,” said Bill Wolfe, senior vice president, VeriSign Communication Services.

About VeriSign  
VeriSign, Inc. (Nasdaq: VRSN), operates intelligent infrastructure services that enable and protect billions of interactions every day across the world’s voice and data networks. Additional news and information about the company is available at www.verisign.com.

About US LEC 
Based in Charlotte, N.C., US LEC is a full service provider of IP, data and voice solutions to medium and large businesses and enterprise organizations throughout 16 Eastern states and the District of Columbia. US LEC offers advanced, IP-based, data and voice services such as MPLS VPN and Ethernet, as well as comprehensive Dynamic TSM VoIP-enabled services and features. The company also offers local and long distance services and data services such as frame relay, Multi-Link Frame Relay and ATM. US LEC provides a broad array of complementary services, including conferencing, data backup and recovery, data center services and Web hosting, as well as managed firewall and router services for advanced data networking. US LEC also offers selected voice services in 27 additional states and provides enhanced data services, selected Internet services and MegaPOP® (local dial-up Internet access for ISPs) nationwide. For more information about US LEC, visit www.uslec.com.

Contacts  
VeriSign Media Relations: Lori Sinsley, lsinsley@verisign.com, 650-426-4716  
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com, 650-426-3744

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 © 2006 VeriSign, Inc. All rights reserved.

Forward-Looking Statement 
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, 2005 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.