VeriSign Identity Protection received a Network World Asia Readers' Choice Product Excellence Award in ceremonies held last night in Singapore. Every year, NWA readers honor the most responsive, technologically-advanced IT vendors selling in the Asian market. More than 500 respondents cast votes for the "best technology vendors" across more than 20 product technology categories. Only invited senior technology directors and IT project heads in end-user organisations who subscribe to Network World Asia are eligible to cast a ballot in the annual competition.
"VeriSign is proud to see VIP recognized as the winner of the identity management suite category by the readers of Network World Asia," said Ed Elliff, Director of Identity and Authentication VeriSign Asia Pacific. "This recognition inspires us to continue to show our commitment to the region by offering a range of strong security solutions that help organisations protect their online business and their customers."
Based on open standards, the VIP Authentication Service is a two-factor authentication solution that enables a wide choice of credentials including standalone tokens, credit card sized devices and mobile phones. The VIP Authentication Service is deployed on a VeriSign hosted network, which means consumers can use a single security device to authenticate themselves across any VIP-enabled website. By leveraging a shared authentication network, VIP makes it simpler and more cost-effective for companies with an online presence to implement stronger authentication. Membership in the VIP Network helps organizations distribute the costs of strong authentication, thus accelerating its acceptance in the global marketplace.
"The Network World Asia Awards is designed to reward vendors for excellence in their respective fields," said Jonathan Bigelow, managing director, Questex Media. "Unlike other awards programs, the end-user organisations helped us pick our 2008 NWA Readers' Choice Product Excellence Awards winners. Their experience and a willingness to share has helped shape this list and enabled us to provide enterprise end users and decision makers with what their peers see as the best of breed solutions available to the Asia Pacific region."
About Network World Asia
Network World Asia is circulated to over 16,000 enterprise IT, computing, Internet professionals and networking companies and other companies who use networks. It is edited for IT and networking professionals, engineers, and senior managers responsible for the approval, specification, recommendation or purchase of network equipment or software. Network World Asia's print and online editions are produced and managed by Questex Asia Limited, a part of the Questex Media Group, Inc. www.networksasia.net
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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.
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