VeriSign Provides Clearing, Settlement and
Exchange Services to Third Largest GSM Wireless Provider in the United
States
Industry leading GSM solution provides Dobson Communications’ 1.7
million customers secure, end-to-end bill processing for today’s emerging
wireless transactions
MOUNTAIN VIEW, Calif., March 20, 2007 – VeriSign, Inc., (NASDAQ:
VRSN), the leading provider of digital infrastructure for the networked
world, today announced it will provide Dobson Communications (NASDAQ:
DCEL), the third largest Global System of Mobile Communications (GSM)
wireless provider with approximately 1.7 million customers in the U.S.,
with VeriSign® Settlement and Exchange Services beginning in April 2007.
VeriSign® Settlement and Exchange Services platform
allows Dobson to know their financial position with roaming partners
for voice and data traffic and provides customized Web-based reporting
systems.
“The convergence of old and new services and a growing
number of records from multiple roaming partners continues to increase
the complexity of rating, billing, clearing and settling for rural wireless
service providers,” said Lee Huggins, vice president, VeriSign.
“The unique ability to provide Dobson Communications with our bundled
roaming and revenue assurance solution will help provide accuracy, timeliness
and above all faster response to their customer needs.”
VeriSign’s GSM solution internationally complements
its existing cellular intercarrier billing exchange record (CIBER) clearing
business that has supported time division multiple access (TDMA) and
code division multiple access (CDMA) operators for more than a decade.
VeriSign currently provides clearing services to 35 carriers, 16 of
which are GSM operators.
About Dobson Communications Corporation
Dobson Communications is a leading provider of wireless phone services
to rural markets in the United States. Headquartered in Oklahoma City,
the Company owns wireless operations in 17 states, with markets covering
a population of approximately 12.7 million. The Company serves approximately
1.7 million customers. For additional information on the Company and
its operations, please visit its Web site at http://www.dobson.net.
About VeriSign
VeriSign (www.verisign.com)
runs the world's most powerful digital infrastructure, which enables
and protects more than 30 billion interactions every day across the
world’s voice, video and data networks. The company's digital infrastructure
services help businesses meet consumer demands for information, entertainment
and community any time, anywhere over any device.
For more information, contact:
VeriSign Media Relations: Allison Flerl, aflerl@verisign.com,
650-452-4867
VeriSign Investor Relations: Nancy Fazioli, ir@verisign.com,
650-426-5146
Dobson Communications Investor Relations: J. Warren Henry, (405) 529-8820
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 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 Settlement and
Exchange Services; 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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