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Press Release |
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VeriSign report: Mobile messaging skyrockets
New Records for Most Messages Per Day, Quarter, and Half-Year Posted
as VeriSign Closes in on its 100 Billionth Mobile Message of 2008
London, UK – Aug. 28, 2008 – VeriSign, Inc. (NASDAQ: VRSN),
the trusted provider of Internet infrastructure services for the networked
world, announced today another record-breaking quarter for mobile messaging,
based on the latest quarterly index of mobile messaging statistics compiled
by VeriSign's Messaging and Mobile Media division.
Through June 30, 2008, VeriSign’s combined mobile
messaging networks delivered 95.4 billion Inter-carrier Short Message
Service (ICSMS) messages in the calendar year, eclipsing the previous
record for text messages in the first half of any year. VeriSign's network
also set a single-day record by enabling 648 million texts over a 24-hour
period and a one-hour record of 42 million messages.
All told, VeriSign’s
combined mobile messaging networks enabled more than 52 billion messages
in Q2 2008, up more than 20 percent from the previous quarter. VeriSign
facilitated an average of approximately 572 million messages per day
in Q2 2008, compared to approximately 476 million messages per day in
Q1 2008 and approximately 230 million messages per day in Q2 2007. These
record-breaking numbers provide additional evidence to support VeriSign’s
projection earlier this year that its combined mobile messaging networks
will enable close to 200 billion total messages worth more than $7 billion
in revenue to VeriSign customers by the end of the year.
"As mobile messaging usage continues to grow
at a rapid pace, consumers and operators are demanding secure and reliable
delivery of their messages. VeriSign continues to raise the bar by providing
unparallel service and delivery at scale with 99.999-plus percent availability
in the past 18 months and 100 percent availability for the last nine months,”
said Charles Landry, vice president and general manager, Products and
Innovation, for VeriSign’s Messaging and Mobile Media division. "This
is critical, because as texting traffic will only continue to grow,
service providers and end users will need a network that they can count
on."
VeriSign offers one of the most robust, scalable and
reliable mobile messaging delivery engines in the world, connecting
to more than 600 carriers and reaching more than 2.4 billion wireless
subscribers.across carrier, enterprise, and media/entertainment networks.
VeriSign’s combined mobile messaging networks power inter-carrier mobile
messaging for seven of the top ten wireless carriers in North America
and many other major operators throughout the world. The network generates
billions of dollars in revenue for its customers.
Application to person messages (A2P), such as news
alerts, ring tones, promotional video clips, and enterprise messages
sent to mobile users, also rose sharply in Q2 2008, from approximately
186 million messages in Q1 2008 to approximately 249 million messages
in Q2 2008, an increase of close to 33 percent. Contributing to this
growth were increases in the steady adoption of mobile banking services
by VeriSign’s customers, including 7 of the top 10 banks in the United
States and a 30 percent increase in traffic volumes for standard and
premium A2P traffic messages carried in Europe.
To view the full index, please visit https://www.verisign.com/static/044155.pdf.
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.com.
Media Contact: Beth Meszaros, +44 (0)20 7067 0518 bmeszaros@webershandwick.com
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. 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.
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