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As a member of VeriSign's global leadership team, Balogh leads all areas of product development and technology deployment, driving an overall product strategy based on innovative solutions to large-scale infrastructure problems for the Internet and telecommunications networks. Balogh directs VeriSign's external production services, networks and security, along with all internal VeriSign technology.
During his tenure at VeriSign, Balogh has been responsible for delivering VeriSign production services including the Domain Name System (DNS) and Secure Sockets Layer (SSL) certificates. Balogh has managed VeriSign's global IP networks, security and infrastructure engineering; development and operations of all internal VeriSign technology; and global facilities and physical security. He oversaw development of VeriSign's various registry and DNS services, and he guided the technology and operations strategy through the explosive growth of Internet and DNS usage, leading the development of the ATLAS (Advanced Transaction Look-up and Signaling System) platform that provides VeriSign's highly reliable and scalable directory services, such as DNS, LNP, OCSP and others.
Balogh's influence reaches every corner of the networked world. Today, VeriSign is the authoritative directory provider of all .com, .net, .cc, and .tv domain names. The company processes an average of more than 30 billion DNS queries per day, operates the largest independent SS7 network in the world, monitors more than 1.5 billion security events daily and secures more than 800,000 Web servers worldwide.
VeriSign, Inc. (
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, 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.