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Press Release |
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More than 400 EV Certificates Issued
Travelocity, PayPal, and Overstock.com upgrade site security to improve
consumer confidence in online transactions
SAN FRANCISCO, CA – RSA CONFERENCE 2007 – 6 February, 2007
– VeriSign, Inc. (NASDAQ: VRSN), the leading provider of intelligent
infrastructure for the networked world, announced today that more than
400 leading companies have registered for its Extended
Validation (EV) SSL Certificates, which help protect users
against online fraudulent activity by providing third-party verification
of a Web site’s authenticity. The certificates will allow businesses
such as Travelocity, PayPal, Overstock.com and many others to provide
consumers with a visual cue – the ‘green’ address bar in the Windows
Internet Explorer 7 Web browser – on Web pages where EV certificates
are deployed to help assure them the site they are visiting truly represents
the legitimate business it claims to be, and that their online transactions
will be safely encrypted.
VeriSign EV SSL Certificates enable Microsoft Internet
Explorer 7, running on the Vista operating system, to indicate which
sites have undergone Extended Validation. Furthermore, VeriSign is offering
EV Upgrader, which enables all supported platforms of Internet Explorer
7, including Windows XP, to display the same green address bar and other
interface enhancements that indicate a Web site’s identity has been
verified. The address bar in Internet Explorer 7 will also display the
registered organisation’s name and the name of the EV SSL provider,
which allows site visitors to confirm that the name of the businesses
with which they are interacting is genuine. VeriSign EV SSL Certificates
are backward compatible with all earlier browsers and operating systems
that support SSL.
“It takes an industry-wide effort to help protect
users and boost their confidence in sharing sensitive data online,”
said Gary Schare, director of Internet Explorer Product Management at
Microsoft Corp. “Internet Explorer 7 is the first browser to fully support
Extended Validation SSL Certificates, and we’re happy to be working
with VeriSign and other certification authorities to bring this solution
to users.”
EV Upgrader utilises the VeriSign Secured Seal to
prompt the Internet Explorer 7 browser operating in Windows XP to safely
update its VeriSign SSL roots. The VeriSign Secured Seal is currently
displayed on over 65,000 Web properties and viewed by consumers over
100 million times per day. More information on the VeriSign Secured
Seal is available at www.verisignsecured.co.uk.
“Our customers look to us to make their online marketplace
safer for their businesses, and VeriSign's EV Certificates help us in
this effort by raising site identity awareness and building consumer
trust,” said Jacob Hawkins, senior vice president of Online Marketing
at Overstock.com. “Moreover, VeriSign's EV Upgrader provides an easy
pathway to the validation, confidence and recognition that can set us
apart in the marketplace.”
‘PayPal's number one focus is providing safe payments
for millions of customers worldwide,’ said Michael Barrett, chief information
security officer for PayPal Inc. ‘When customers use a safe browser
like IE7, EV certificates help inform them about whether or not they
are on a legitimate PayPal Web site before entering sensitive personal
or financial information.’
“At Travelocity, we believe in providing our customers
with exceptional travel experiences, which start when they book their
travel plans online,” said Victoria Treyger, vice president, Merchandising
and Product Marketing, Travelocity. “By using VeriSign’s EV certificates
we provide our customers with a strong level of security which we know
is critical in the online marketplace today.”
Pricing and Availability
Browser recognition of Extended Validation SSL certificates is active
in Microsoft Internet Explorer 7. VeriSign Secure Site Pro with EV combines
SGC (Server Gated Cryptography) for the best encryption protection and
Extended Validation for the industry’s most vigorous authentication
procedures. Secure Site Pro with EV retails for £899 (1-year) and £1495
(2-year). For more information on VeriSign EV SSL, or to place an order,
please visit: http://www.verisign.co.uk/ssl/ssl-information-center/ie7-ssl-security/index.html
“As the first SSL provider to deliver EV certificates,
VeriSign continues its commitment to assuring consumers that their personal
and financial information is safe when transacting online,“ said Chris
Babel, vice president, SSL, VeriSign. “This commitment has made VeriSign
the provider of choice for over 93 per cent of the Fortune 500, 47 of
the biggest e-commerce sites and the world's 40 largest banks. We will
continue to work with Microsoft and our growing community of customers,
partners and other industry peers to make online transactions safer
for consumers and businesses.”
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates intelligent infrastructure
services which 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.co.uk.
Contacts
VeriSign Media Relations: Brendan Lewis, brelewis@verisign.com,
+1-650-426-5389
VeriSign Media Relations: Ken Bond, kbond@verisign.com,
+1-650-426-3744
Statements in this announcement other than historical
data and information constitute forward-looking statements within the
meaning of Section 27A of the United States 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
Extended Validation SSL Certificates; 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 31 December, 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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