News & Events

Computerworld Hong Kong Readers Name VeriSign Identity Protection as Best Identity Management Solution

In Annual Competition, VeriSign VIP Earns Coveted Readers Choice Award for Enabling Secure Online Experience for End Users

Mountain View, CA and Hong Kong – June 5, 2007 – VeriSign, Inc. (NASDAQ: VRSN), the leading provider of digital infrastructure for the networked world, today announced that readers of Computerworld Hong Kong have selected VeriSign Identity Protection (VIP) as the industry’s best identity management solution.

VeriSign Identity Protection received a Computerworld Readers Choice Award in ceremonies held today in Hong Kong. The Computerworld Hong Kong 2007 Awards are regarded as the premier Information Technology (IT) awards in Hong Kong because they genuinely reflect the opinions and preferences of the local IT user community. Only end users who subscribe to Computerworld Hong Kong are eligible to cast a ballot in the annual competition.

“VeriSign is proud to see VIP recognized as the number one identity management offering by the readers of Computerworld Hong Kong,” said Qi Li, vice president, Asia Pacific sales and consulting services for VeriSign.  “This kind of end-user recognition inspires us to continue to show our commitment to the region by offering new solutions that help organizations protect their customers from identity theft and other online security threats.”

VIP is a comprehensive suite of identity protection and authentication services that enable consumer-facing applications to provide a secure online experience for end-users at a reasonable cost. It enables both invisible security through VIP Fraud Detection Services as well as more visible security through VIP Authentication Services. To minimize costs and maximize security by sharing intelligence and resources, VIP Authentication Services is backed by the VIP Network, which allows for the sharing of a single security credential across multiple websites. 

“The Computerworld Hong Kong Awards is designed to reward vendors for excellence in their respective fields,” said Howard Ma, associate publisher, Computerworld Hong Kong. “Unlike other awards programs, we put the power to decide the best vendors and solutions into the hands of enterprise end users and decision-makers. All Readers Choice Awards winners were singled out by the very individuals who rely on these IT solutions every day. We can think of no better testament to their efforts.”

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.

Contacts 
VeriSign Media Relations: Megan Jackson, mjackson@verisign.com, +61 2 9236 0572

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 products and services, and implement price increases, and customer acceptance of any products,  services, or price increases, including the price increases mentioned herein; the possibility that VeriSign’s announced products, services and price increases may not result in additional customers, profits or revenues; and increased competition. 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.