VeriSign and JoWooD Set New Standards in Mobile
Gaming
Liezen, Austria, October 4, 2006 -- VeriSign, Inc., (NASDAQ:
VRSN), the leading provider of intelligent infrastructure for the networked
world, today announced its partnership with JoWooD Productions Software
AG (ATXPrime: JWD), to deliver wildly popular computer, online- and
videogames to mobile devices.
“VeriSign is committed to providing the richest content
with an exceptional user experience that is most relevant to our customer’s
customer,” said Kevin Dent, Head of International Licensing and Syndication
for VeriSign. “JoWooD has great blockbuster brands which we feel
can make an easy transition to the mobile space. The combination of
expertise from JoWooD and VeriSign brings a new force to the gaming
marketplace.”
Frost & Sullivan (http://www.mobileandwireless.frost.com)
finds that the Global Mobile Gaming Markets earned revenues of 3 billion
dollars in 2005 and estimates this to reach 13 billion dollars in 2011.
”VeriSign has always been committed to the growth
of the global premium mobile content markets,” said Vikrant Gandhi,
Industry Analyst for Frost & Sullivan. “The VeriSign and JoWooD
partnership will allow consumers to play the most popular computer,
online – and video games on their mobile devices and not be forced to
choose from titles they are not familiar with.”
The JoWooD game concepts to be launched this fall
have not been seen in the mobile marketplace. VeriSign transforms these
best selling and classic computer, online and video games into a Java-application
for various mobile devices in the market place.
“We are looking forward to the cooperation with one
of the leading companies in the sector of digital commerce and communication,”
says Albert Seidl, CEO of JoWooD. “We are confident that JoWooD, in
combination with Verisign, will strike new paths in the mobile games
industry. This transatlantic exchange and synergy of know-how are the
basis for further innovations.”
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
JoWooD Productions Software AG
Shares of the JoWooD Productions Software AG are traded at the
Vienna stock exchange in the prime market segment. JoWooD is one of
the leading publishers of computer- and videogames. JoWooD develops
and publishes state-of-the-art entertainment software for all major
existing and upcoming systems. JoWooD`s games are distributed in all
territories by a worldwide net of distribution partners. Please visit
the homepage www.jowood.com for further information. http://www.jowood.com/?lang=en; http://www.jowood.com/investor/?lang=en
For more information, contact:
VeriSign Media Relations: Lisa Malloy, emalloy@verisign.com,
202-270-7600
VeriSign Media Relations: Allison Flerl, aflerl@verisign.com,
650-426-4649
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 inability of the
parties to reach agreement on definitive documentation for the joint
venture or failure to close the contemplated transactions, 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.
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