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Philippines Telecom Operator Bayan Telecommunications Selects VeriSign(R) Messaging and Mobile Media to Provide Global Connectivity

MOUNTAIN VIEW, CA (Marketwire) - Customers of Bayan Telecommunications, one of the leading telecommunications companies in the Philippines, now have the ability to send and receive person to person text messages, across 500 operators globally and 2.2 billion subscribers, thanks to the Open Connectivity SMS (OCSMS) Service offered by the Messaging and Mobile Media Division of VeriSign® (NASDAQ: VRSN), the leading provider of Internet infrastructure services for the networked world. Recently, VeriSign's Messaging and Mobile Media Division was one of the first vendors to successfully meet the criteria required to offer SMS Hubbing Solutions as defined by the GSMA, the operator-led trade association representing the global mobile industry. The GSMA Open Connectivity Programme was established to facilitate easier and quicker interworking and roaming between GSM operators.

"At Bayan Telecommunications, our customers always come first and are at the core of our mission and the way we conduct business," said Marvic H. Molina, Head of Bayan Telecommunications Global. "With VeriSign Messaging and Mobile Media, our customers will now have greater reach globally coupled with superior spam and fraud detection services making their communications far more seamless and secure and that is most important to us."

"Subscribers expect to communicate globally, regardless of their location in the world, the device they are using, or the carrier network," said Charles Landry, vice president, global messaging services, VeriSign. "VeriSign's Open Connectivity platform makes it simple for operators to meet this customer expectation, by offering global connectivity for their subscribers, eliminating the need for carriers to negotiate and manage multiple contracts and billing relationships. As a leader in the North America inter-carrier market, we are thrilled to extend our market leadership into the Philippines, and we are seeing a lot of momentum to continue to grow worldwide with this service. Since completing its self-certification with the GSMA in November 2007, VeriSign's Messaging and Mobile Media Division has launched 30 customers to its OCSMS Gateway Service," continued Landry.

Developed as part of the GSMA-led Open Connectivity initiative, the VeriSign OCSMS platform supports both IP and SS7 transport mediums to provide the flexibility for operators to exchange messages through a single connection to VeriSign. In addition to message exchange, this service can provide a majority of the services traditionally performed by the operator roaming services group, such as termination fee and agreement establishment, thus helping to reduce operators costs associated with doing business.


About Bayan Telecommunications

Bayan Telecommunications (Bayan), a member of the Lopez Group of Companies and one of the top companies in the Philippines in terms of gross revenues, is a major provider of a wide range of voice and Internet applications to residential customers nationwide. The company is also a leading provider of data communications services, such as dedicated domestic and international leased lines, frame relay and Internet access, to companies in strategic industries such as banks, manufacturing, business process outsourcing, among others. More information at www.bayan.com.ph.

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.

Trademarks

VeriSign, and other trademarks, service marks, and logos are registered or unregistered trademarks of VeriSign and its subsidiaries in the United States and in foreign countries.

Copyright © 2008 VeriSign, Inc. All rights reserved.


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; potential fluctuations in quarterly operating results due to such factors as the risk that VeriSign's announcements may not result in additional products, services, 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.

@Symantec