VeriSign Unveils Egypt’s First Regional Internet
Resolution Site for .com, .net Infrastructure
Cairo-based Internet Site Deployed in Response to Exponential Usage
of Over 1,100%
Athens, Greece (Internet Governance Forum) – October 31, 2006 –
Today at the Internet Governance Forum (October 30 – November 2), VeriSign,
Inc. (NASDAQ: VRSN), a leading provider of intelligent infrastructure
for the networked world, announced the installation of a Regional Internet
Resolution Server (RIRS) for .com and .net in Cairo, Egypt. This
installation, the first in Egypt, strengthens the Internet infrastructure
by enhancing the global infrastructure of geographically-dispersed Internet
resolution sites. VeriSign worked closely with the Egyptian government
to establish this site at Xceed, the hosting partner.
“We are extremely pleased to be working with the Egyptian
government and with Xceed,” said Ken Silva, Chief Security Officer for
VeriSign. “VeriSign continually seeks to locate RIR sites in geographic
locations where traffic demand shows significant growth. Egypt’s
usage has surged over 1,100%1
since 2000. The VeriSign RIRS will improve the Internet experience
and overall security for the growing number of Internet users in the
country.”
“We are very proud that VeriSign has chosen Egypt
as a key global location to establish this Regional Internet Resolution
site,” said Dr. Tarek Kamel, Minister of Communications and Information
Technology. “Xceed operates one of the newly established state-of-the-art
data centers located at The Pyramids Smart Village and is interconnected
to the Internet exchange point of Cairo. We are very appreciative
that VeriSign has recognized the growth of Internet usage in Egypt and
our country’s role as an economic driver for the region. This project
comes as an additional dimension for Egypt's Internet infrastructure,
to better serve Internet users not only in Egypt but also in the region.
It is vital that our government work with technology industry leaders,
such as VeriSign, to continue to improve the experience of Internet
users in our region. ”
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.
Trademarks
VeriSign, and other trademarks, service marks, and logos are registered
or unregistered trademarks of VeriSign and its subsidiaries in the United
States and in foreign countries.
Copyright © 2006 VeriSign, Inc. All rights reserved.
For more information, contact:
VeriSign Media Relations: Rufus Manning, rmanning@verisign.com,
(703) 948-4126, U.S.A.
VeriSign Investor Relations: U.S.A. Nancy Fazioli, ir@verisign.com
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 Regional
Resolution Server; 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, 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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