Charter Communications Selects VeriSign to
Help Deliver Quality Telephone Service, Enabling the Triple Play Bundle
VeriSign to Provide Full Suite of VoIP and Connectivity to Residential
and Commercial Telephone Customers
Mountain View, CA – September 5, 2007 –VeriSign, Inc. (NASDAQ:
VRSN), the leading provider of digital infrastructure for the networked
world, today announced that Charter Communications, Inc. (NASDAQ: CHTR)
has selected a full suite of VeriSign VoIP and connectivity services to
power its’ residential and business telephone products. VeriSign provides
Intelligent Network services, including Calling Name and Portability Services
and SS7 connectivity to power Charter’s telephone service.
Charter Telephone® is a high-quality, reliable residential
and business voice service provided through Charter’s private, managed
broadband network. By leveraging VeriSign's global telecommunications
network, Charter's network can connect seamlessly to the Public Switched
Telecommunications Network (PSTN), while also delivering enhanced calling
services such as Calling Name delivery. VeriSign also assists Charter
with porting customer numbers, ensuring new Charter Telephone customers
can keep their existing telephone numbers.
"We’ve seen tremendous growth in our telephone
footprint and customer base over the past year. Today, we serve
more than 700,000 telephone customers," said Ted Schremp, senior
vice president and general manager of Charter Telephone. "Charter
is investing in customer care and service capabilities, and is committed
to efficiently delivering value-added services, providing quality support,
and a quality customer experience. VeriSign is a well- respected provider
of telecommunications infrastructure services, and we’ll rely on them
to help us deliver that experience.”
VeriSign provides a full suite of IP- and SS7-based
voice services for carriers. "The evolution of basic dial-tone
to multi-service, IP-based communications networks is a critical transformation
of how people interact," said Tom Kershaw, vice president, Database
Services, VeriSign. "We are very pleased to be working with innovative
service providers such as Charter to enable Voice over IP communications
in the consumer and business marketplace."
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.
VeriSign Media Relations Contact - Allison Flerl 650-452-4867
VeriSign Investor Relations Contact – Nancy Fazioli 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's services described
herein; 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, 2006 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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