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Press Release |
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More Than 2,000 Web Sites Reassure Online Users With VeriSign Extended Validation
Pioneer Electronics, Case Logic and Lamps Plus Join Growing Legion
of Internet Merchants Deploying VeriSign EV SSL to Build Trust With
Consumers
MOUNTAIN VIEW, CA (January 15, 2008) - Every day, a simple
green address bar appearing in millions of Internet browsers helps assure
consumers that they have reached a legitimate Web site -- and not a
tool of clever identity thieves. That's because more than 2,000 online
merchants have adopted advanced validation solutions from VeriSign,
Inc. (NASDAQ: VRSN),
the leading provider of Internet infrastructure for the networked world.
By deploying VeriSign Extended Validation (EV) Secure
Sockets Layer (SSL) Certificates, such companies as Pioneer Electronics,
Case Logic and Lamps Plus are building trust and confidence among consumers
by offering them immediate and visible assurance that they are dealing
with a reputable e-commerce site.
VeriSign EV SSL protection helps merchants combat
e-criminals who use fraudulent sites and pages to illegally capture
passwords, credit card numbers and even Social Security Numbers. VeriSign-protected
sites enable high-security browsers, such as Microsoft Internet Explorer
7, to display a green address bar, signalling to users that their personal
information will go only to their bank or retailer. Those browsers also
display other visual cues, including a lock icon next to the address,
and a new field that contains the name of the organisation that owns
the site as well as the security provider that issued the certificate,
such as VeriSign.
"VeriSign's EV SSL offers a major advantage for
online retailers aiming to build trust with customers at first glance,"
said Ralph Esquibel, infrastructure architect and server operations
manager at Pioneer Electronics. "When customers visit our site
and spot the green bar, they know they've found a safe place to shop
on the Internet. In an age where identity theft is a constant concern
for many shoppers, this reassurance is invaluable."
"Though building trust with online customers
is difficult and time-consuming, losing that trust can happen in the
blink of an eye," said Tim Callan, director of SSL product marketing
at VeriSign. "That's why thousands of domains are now protected
with VeriSign EV SSL certificates. By displaying the green bar to site
visitors, online businesses like banks and retailers are communicating
that they care enough to provide the most advanced protection available.
And in the process, they are protecting the relationship they've built
with customers."
As the most respected and trusted SSL authority on
the Web, VeriSign is the EV SSL Certificate provider of choice for more
than 2,000 Internet domains, representing greater than 75 percent of
the entire EV SSL Certificate market worldwide. In fact, over 93 percent
of the Fortune 500 -- and the world's 40 largest banks -- rely on a
VeriSign SSL Certificate to meet their security needs.
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.co.uk
Contacts
VeriSign Media Relations EMEA: Victoria Henry, vhenry@verisign.com
, +44 20 8600 0723
Lydia Curtis, Weber Shandwick for VeriSign, VerisignLondon@webershandwick.com,
+44 20 7067 0513
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
Extended Validation SSL Certificates and solutions, 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.
©2008 VeriSign, Inc.
All rights reserved. VeriSign, the VeriSign logo, the checkmark circle,
and other trademarks, service marks, and designs are registered or unregistered
trademarks of VeriSign, Inc., and its subsidiaries in the United States
and in foreign countries. All other trademarks are property of their
respective owners.
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