VeriSign Announces Quarterly North America
Mobile Messaging Index
First-of-its-Kind Report Will Outline Key Trends, Statistics and Consumer
Behaviors
CTIA WIRELESS, ORLANDO, Fla., March 27, 2007 – Digital infrastructure
provider VeriSign (NASDAQ: VRSN) today announced the first North America
Mobile Messaging Index, a quarterly report that will provide key statistics
detailing the growth and user trends pertaining to all categories of
mobile messaging in North America.
As the leading provider of inter-carrier mobile messages
in North America, VeriSign’s data reveals messaging statistics garnered
through VeriSign's global infrastructure. VeriSign enabled more
than 43 billion mobile messages in 2006, and manages an estimated 60
percent of all inter-carrier mobile messages sent and received in North
America.
Based upon trends VeriSign has already witnessed this
quarter, the report is expected to show that the overall volume of messages
is increasing more than two-fold year over year, as a broader base of
the population embraces the convenience of messaging.
“As a company, we are presently seeing nearly 200
million mobile messages cross our infrastructure each day, up from only
75 million this time a year ago,” said Jeff Treuhaft, VeriSign senior
vice president, digital content and messaging services. “We are
excited to share the information we have as a way to help the ecosystem
and our customers – the leading wireless carriers, enterprises and media
brands across the globe – always provide a very reliable, seamless and
secure channel over which their subscribers can communicate and interact.”
Among the early statistics to be included in the quarterly
report will be the following:
- With a record 256 million-plus mobile messages sent on Valentine’s
Day 2007 via the VeriSign network alone, VeriSign helped its carrier
customers generate more than $10 million in revenue on February 14;
- On an average day, VeriSign presently enables approximately 190 million
mobile messages, up from a daily average of 118 million in 2006, when
VeriSign handled 43 billion messages for the year;
- Based on the current daily average, which trends suggest will top
200 million by year’s end, VeriSign will handle in excess of 65 billion
messages this year.
The first Mobile Messaging Index will include key
overarching industry metrics such as the total number of messages per
quarter, month and day; application-to-person totals; peer-to-peer messaging
totals; multimedia message service (MMS) totals; revenues enabled; and
peak traffic times (specific days, hours of the day, etc.). VeriSign
will share corresponding year-over-year growth rates for each of these
statistics as well.
The first issue of the mobile index will be made available
next month. For more information on VeriSign’s mobile messaging services,
please visit http://www.verisign.com/products-services/communications-
services/digital-content/wireless-messaging/index.html
VeriSign will be demonstrating mobile marketing, mobile
banking and security technologies onsite at CTIA. Please visit
the VeriSign booth (Hall C, Booth No. 4763) for additional information.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates digital 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: Allison Flerl, aflerl@verisign.com,
650-426-4649
VeriSign Investor Relations: Nancy Fazioli, ir@verisign.com,
650-426-5146
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 Digital Content
and Messaging 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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