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Press Release |
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Market Share of EV SSL-Enabled Browsers Surpasses 50 Percent
With More than Half of All Browsers Now Supporting Extended Validation
SSL, Most Internet Users Can Now ‘See Green’
London, UK – August 14, 2008 – For the first time, more
than half of the world’s Internet users can wield a powerful weapon
against e-criminals determined to steal sensitive personal information,
thanks to growing global support for advanced security protections from
VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure
services for the networked world.
The latest versions of popular Web browsers Internet
Explorer 7, Mozilla Firefox 3 and Opera 9 last month between them achieved
more than 50 percent total market penetration worldwide. That means
more than half of all Internet users now can benefit from the anti-fraud
protection provided by VeriSign Extended Validation (EV) Secure Sockets
Layer (SSL) Certificates.
According to the latest Web browser market share report
from Net
Applications, IE7 commands 47.1 percent of the browser market,
while Firefox 3 claims 5.7 percent, representing a total share of 52.8
percent. EV SSL penetration has soared more than 500 percent from July
2007 through July 2008, according to data gathered by Netcraft.
When an Internet user accessing the Web through one
of these browsers visits a site protected by VeriSign EV SSL Certificates,
the address bar on the browser turns green. The green address bar offers
immediate reassurance that the visitor has reached a site whose authenticity
has been verified by VeriSign. Nearly 6,000 Web sites already rely on
VeriSign EV SSL Certificates (including VeriSign®, GeoTrust®, and thawte®
brand Certificates) to thwart the efforts of identity thieves who use
impostor Web pages to steal passwords, credit card numbers, Social Security
Numbers and other vital personal data.
“The schemes cooked up by identity thieves to steal
personal information just keep growing more sophisticated, a troubling
trend that makes advanced protection like Extended Validation an essential
part of any Web site’s security portfolio,” said Tim Callan, vice president
of SSL product marketing at VeriSign. “We are pleased to see the browsers
supporting EV SSL have reached this crucial tipping point. As more users
upgrade to these latest browser versions, and as even more businesses
deploy VeriSign EV SSL Certificates, the number of consumers who find
the welcome sight of the green address bar will only continue to multiply.”
By deploying VeriSign EV SSL Certificates, online
banks, retailers and other businesses help build trust and confidence
among consumers by offering them immediate and visible assurance that
they are dealing with the authentic e-commerce site that they intend
to visit and not an impostor site. In addition to the green address
bar, the latest browsers also display other visual cues, including a
lock icon next to the address and a new field that contains the name
of the organization that owns the site as well as the security provider
that issued the certificate, such as VeriSign. To learn more about VeriSign
EV SSL, visit http://www.verisign.com/EV-SSL
About VeriSign
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.
Contacts
Media Relations: Victoria Henry, vhenry@verisign.com,
+44 20 8600 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 VeriSign EV SSL
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, 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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