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Press Release |
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VeriSign Wins SC Magazine Europe Award for Best Identity Management
IT Thought Leaders Recognize VeriSign Over Five Other Contenders
LONDON– April 28, 2008 - VeriSign, Inc. (NASDAQ: VRSN),
the trusted provider of Internet infrastructure services for the networked
world, was recently recognized with the 2008 SC Magazine Europe Award
for Best Identity Management. The award, which recognized the VeriSign®
Identity Protection (VIP) Authentication Service, was given
at the SC Magazine Europe Awards ceremony, held in conjunction with
the Infosecurity Europe Conference. The VIP Authentication Service was
also a finalist in the Best Security Product category.
"It is an honour to be recognized by SC Magazine
for providing the best identity management solution," said Mike
Davies, VeriSign Identity Protection Director, EMEA. "At VeriSign,
we are focused on making the internet safer by providing solutions that
allow online retailers and their customers the protection they need
to feel secure online."
VeriSign was chosen for the award by a panel of judges
comprised of industry IT leaders in financial services, telecoms and
technology. The awards highlight and showcase the best solutions, services
and professionals while recognising achievement and technical excellence
in the information security industry. Competing against five other identity
management technologies, the VIP Authentication Service was recognised
for embracing open standards, allowing businesses to easily issue and/or
accept multiple credentials and its shared validation infrastructure.
"The awards ceremony was fantastic. Our winners
were chosen from some truly outstanding finalists,” said Paul Fisher,
editor of SC Magazine. “The judges had a tough time choosing the eventual
winners. The industry is in great health."
Based on open standards, the VIP
Authentication Service is a two-factor authentication solution
fully hosted by VeriSign that supports a wide choice of credentials
including standalone tokens, credit card sized devices and mobile phones.
The VIP Authentication Service is deployed on the VIP
Network, which means consumers can use a single security
device to authenticate themselves across any VIP-enabled Web site.
By leveraging a shared security and logistics infrastructure, VIP makes
it simpler and more cost-effective for companies to implement stronger
authentication. For organizations, membership in the VIP Network
helps distribute the costs of strong authentication, thus accelerating
its inevitable acceptance in the global marketplace.
More information and a detailed list of categories
and winners can be found at http://scmagazine.com/uk/news/article/804222/sc-awards-europe-2008-winners-announced/.
About SC Magazine
SC Magazine provides IT security professionals with in-depth
and unbiased information through timely news, comprehensive analysis,
cutting-edge features, contributions from thought leaders and the best,
most extensive collection of product reviews in the business. By offering
a consolidated view of IT security through independent product tests
and well-researched editorial content that provides the contextual backdrop
for how these IT security tools will address larger demands put on businesses
today, SC Magazine enables IT security pros to make the right security
decisions for their companies. The brand's portfolio includes the SC
Magazine Awards, SC Directory, SC Magazine Newswire and SC Magazine
IT Security Executives Forums.
About VeriSign, Inc.
VeriSign, Inc. (NASDAQ: VRSN)
is the trusted provider of Internet infrastructure services for the
networked world. Billions of times each day, VeriSign helps companies
and consumers all over the world engage in communications and commerce
with confidence. Additional news and information about the company is
available at www.verisign.co.uk.
Media Relations:
Victoria Henry, vhenry@verisign.com,
+44 208 600 0723
Investor Relations:
Nancy Fazioli, ir@verisign.com,
650-426-5146
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 Identity
Protection Authentication Service; 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, 2007 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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