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Press Release |
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“.TV Showcase” – Media Model for Future of Digital Content Distribution
VeriSign and Lionsgate Announce Launch of the Beta Version of New
Online Showcase at NAB
London – April 18, 2007 – VeriSign, the leading provider of
digital infrastructure for the networked world, and Lionsgate (NYSE:
LGF), the leading independent filmed entertainment studio, have teamed
to produce an online showcase to demonstrate the next generation of
entertainment distribution, tying together a seamless consumer experience
across TV, online and mobile devices.
Featuring quality motion picture and television content
produced by Lionsgate, the new showcase is powered by VeriSign’s highly
scaleable and secure digital infrastructure. In addition, another VeriSign
partner, Organic, Inc., a digital communications agency, produced the
creative and compelling user interface. A beta version of the showcase
is available for viewing at the VeriSign NAB booth (C2546) and at www.verisign.tv.
"Our partnership with VeriSign is another example
of our commitment to remain at the cutting edge of content innovation
for a digital world," said Jon Ferro, Executive Vice President,
Television Distribution, Lionsgate. "By combining our filmed entertainment
with VeriSign’s state-of-the-art technology, we can explore a wide range
of opportunities in the networked digital environment of the future."
Lionsgate noted that it now has over 10 active digital
delivery agreements for its content and welcomed the opportunity to
utilize VeriSign's technology for its filmed entertainment product as
a first step in exploring a continuing partnership with VeriSign in
digital distribution.
“VeriSign is actively engaged with some of the leading
media and entertainment companies in the world, and they all face the
same challenge – how to reach their audience in this rapidly changing
marketplace,” said Scott Sahadi, Vice President, Media and Entertainment,
VeriSign. “We are excited to collaborate with Lionsgate to showcase
the next-generation distribution model for media and entertainment companies.”
The .tv domain is closely associated with dynamic
video content, making this domain a unique destination for consumers
demanding rich-media online. Like .com and .net, .tv is a top-level
domain managed by VeriSign.
About Lionsgate
Lionsgate is the leading independent filmed entertainment studio,
winning the 2006 Best Picture Academy Award® for CRASH, generating two
consecutive years of $300 million-plus domestic theatrical box office,
operating a $500 million-plus home entertainment business and producing
a broad slate of prime time television series for fiscal 2007. It is
a premier producer and distributor of motion pictures, television programming,
home entertainment, family entertainment, and video-on-demand content.
Its prestigious and prolific library of more than 10,000 titles is a
valuable source of stable, recurring revenue and a foundation for the
growth of the Company's core businesses. The Lionsgate brand is synonymous
with original, daring, quality entertainment in markets around the world.
About VeriSign
VeriSign, Inc. (Nasdaq: VRSN), operates the digital infrastructure that
enables and protects 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.eu.
For more information, contact:
VeriSign Media Relations: Victoria Henry, vhenry@verisign.eu
+44 (0) 20 8600 0723
Weber Shandwick for VeriSign: Lydia Curtis, VerisignLondon@webershandwick.com
+44 (0) 207 067 0513
VeriSign Investor Relations: Nancy Fazioli, ir@verisign.com
+1 650-426-5146
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
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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