News & Events

VeriSign Extends Global Security Partner Programme

NICE - RSA Conference Europe, Oct. 23, 2006 – VeriSign, Inc., (NASDAQ: VRSN), the leading provider of intelligent infrastructure for the networked world, today announced the extension of its Global Security Partner (GSP) Programme. The programme will allow partners to work with one vendor to increase revenues and expand their strategic service portfolio.

The programme will enable partners to implement a fully-capable and proven Managed Security Services (MSS) platform and will provide partners with the opportunity to engage customers at both a strategic and operational level. While developing the MSS platform, core partners will be able to immediately offer customers the following security services: Firewall Management and Monitoring, Intrusion Detection Services, Intrusion Prevention Services Management and Monitoring, and Host Log Management and Vulnerability Management. VeriSign also plans to add its newly launched Security Risk Profiling Service and Log Management Service to the suite.

Additionally, GSP partners can engage with VeriSign to sell a variety of services including iDefense Security Intelligence Services and Anti-Phishing Services that require limited infrastructure to support. As a result, these services can also be provided to end customers during the development of the Security Operations Centre (SOC).

Partners will have the advantage of a proven and scalable security management infrastructure, at a fraction of the cost and time it would take to develop and deploy internal solutions. Service providers will be able to leverage the extensive experience of VeriSign’s eight Security Operations Centres around the world that service more than 800 organisations in more than 60 countries and an infrastructure that processes more than 1.5 billion security events every day.

Souheil Badran, vice president for international operations and global channels said, “Partners joining the program will realise both short term and long term recurring revenues. This means that beyond the commitment to partner on a Security Operations Centre or Managed Security Partner project, VeriSign can also offer immediately-deliverable solutions to provide revenue. As a result, while the SOC is coming online, partners can offer a uniquely wide range of strategic security services to their customers.”

VeriSign currently has three GSP partners: S21sec in Spain, Acer in Taiwan, and Netrix in Mexico. The company plans to continue recruiting strategic partners in key regions.

Xabier Mitxelena, general manager at S21sec said, “VeriSign and S21sec have a very successful partner relationship. As a service provider, VeriSign has a highly flexible partner model designed to help us increase revenues by expanding our service portfolio. VeriSign’s infrastructure and security experience ideally complements our local footprint to the benefit of our customers.”

VeriSign is specifically targeting security providers that are looking to offer a complete service portfolio, backed by a global security leader. The company is also considering system integrators and telecommunications firms. Partners will need to be focused on and have experience in providing security services, consulting services and technical deployment services.

The VeriSign Global Security Services Programme offers partners a growth path with three options:

• Resellers selling services delivered by VeriSign
• Managed Security Service Partnership where each party delivers a significant component of a managed security solution
• Managed Security Service Data Centres where partners sell and deliver managed security services and VeriSign provides engineering support

Benefits to partners include:

• VeriSign’s strong brand in security
• The opportunity to leverage a fully-functional Security Operations Centre, powered by VeriSign’s award-winning TeraGuard architecture and supported by VeriSign’s global SOC teams
• Non-capital-intensive services 
• VeriSign’s architecture, processes, technical support, training, and security intelligence
• Co-branded or white-labelled portal and marketing collateral
• Sales training

Souheil Badran said: “VeriSign is ideally placed to accelerate the deployment of infrastructure, services, procedures and know-how to make security partners successful in the shortest time possible, offering a suit of strategic security services to protect customers’ infrastructures and transactions.  As our successful partnership with S21sec has demonstrated, this provides the quickest and most substantial delivery of security services to address local customer needs.”

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

For more information, contact:   
VeriSign Media Relations: Victoria Henry, vhenry@verisign.com, +44 20 8600 0723. 
VeriSign Media Relations: Monisha Khanna, mkhanna@verisign.com, 650-426-4522 
VeriSign Investor Relations: Nancy Fazioli, ir@verisign.com, 650-426-5146

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 risk that VeriSign's announced strategic reseller relationships, including the programme described herein, may not result in additional products, services, 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, 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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