VeriSign and Bamboo MediaCasting Team to Deliver
VeriSign® Mobile Media Cast
Managed Mobile Podcast Service for Wireless Operators Enables Controlled,
Efficient Use of Network Resources
CTIA Wireless IT & Entertainment, San Francisco, CA - October
23, 2007 – VeriSign (NASDAQ: VRSN), the leading provider
of digital infrastructure for the networked world, and Bamboo MediaCasting,
the leading mobile content delivery solutions provider, have teamed
to offer VeriSign® Mobile Media Cast, a fully managed mobile podcast
service to wireless operators.
The VeriSign Mobile Media Cast is a fully managed
solution which provides operators the ability to deliver licensed podcast
content to their customers, with complete life-cycle management of the
content handled by VeriSign. The channel based subscription
model allows subscribers to select the content they desire, and then
enjoy the media without browsing or network connection. Examples
of podcasts include rich audio and video content such as television
programs, professional or user-generated video clips, music, news and
other long or short digital content.
“The VeriSign Mobile Media Cast is the next leap in
podcasting and mobile entertainment. Mobile operators can now offer
their customers a mobile podcast experience, turning the phone into
their portable media device of choice, making it even more competitive
with industry-leading portable media devices,” explained Guy Morag,
CEO of Bamboo MediaCasting, Inc.
Optimized for simple handset operability, the solution
leverages a unique “push-store-&-play” mobile delivery technology
for dynamic content delivery to mobile phones with no user intervention,
completely in the background. VeriSign Mobile Media Cast utilizes
existing cellular networks, facilitating economic off-peak delivery
to minimize network congestion, data costs, and disruption to traditional
phone usage.
“The VeriSign Mobile Media Cast makes it very simple
for end users to enjoy the entertainment they choose on their mobile
device,” said Alexander Igelsboeck, vice president for Media Solutions,
VeriSign. “The versatility of this solution, as well as the efficient
use of existing network resources makes it simple and affordable for
wireless operators to immediately access the growing mobile entertainment
market,” continued Igelsboeck.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates digital infrastructure services
that enable and protect billions of interactions every day across the
world’s voice, video and data networks. Additional news and information
about the company is available at www.verisign.com.
About Bamboo MediaCasting
Bamboo MediaCasting Inc. (www.bamboomc.com)
provides solutions that facilitate the aggregation and automatic regular
delivery of rich audio and video content and podcasts to users’ handsets.
The solutions are intended to overcome the complex and time-consuming
handset browsing, streaming and viewing process as well as quality-control
limitations that were stalling the podcast phenomenon from successfully
penetrating the mobile domain
Contact
VeriSign Media Relations : Allison Flerl, aflerl@verisign.com,
650-452-4867
VeriSign Investor Relations : Nancy Fazioli, ir@verisign.com,
650-426-5146
VeriSign Industry Analyst Relations : Katie Hammler, khammler@verisign.com,
703-948-u4367
Trademarks
VeriSign, the VeriSign logo, the checkmark circle and “Where
it all comes together” and other trademarks, service marks and designs
are registered or unregistered trademarks of VeriSign, Inc., and its
subsidiaries in the United States and foreign countries. Other names
may be trademarks of their respective owners.
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 the VeriSign Mobile Media
Cast, 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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