Today's announcement is part of an effort by OpenSRS to provide resellers with an expanded selection of SSL Certificates and code signing certificates from the Internet's leading brands. As the first wholesaler to offer the complete line of VeriSign SSL Certificates including VeriSign®, thawte® and GeoTrust® brand product lines, OpenSRS is making it easy for resellers to address online security concerns by folding VeriSign SSL protection into the solutions they offer to Web site owners and administrators.
Web sites certified by VeriSign-brand SSL Certificates experience lower abandonment of shopping carts and other transaction as well as increased visitor-to-sales conversions. By displaying the VeriSign Secured® Seal on their Web pages, online merchants and other businesses show that their identities have been verified by VeriSign through SSL certification. Site visitors click on the seal to verify a merchant's business information in real time.
OpenSRS will also offer Extended Validation (EV) SSL Certificates from VeriSign. When online users equipped with current versions of Internet Explorer, Firefox, Safari, Google Chrome, Opera and other browsers visit a site protected by EV SSL Certificates, the top of the browser lights up in green and displays the name of the company operating the Web site. This green glow signals that they have reached an independently authenticated site -- and not a fraudulent, copycat Web page created by identity thieves to capture and sell a consumer's sensitive personal data.
"At OpenSRS, we recognize the importance of online security and VeriSign SSL and EV SSL Certificates provide an ideal add-on to domain name sales for our Resellers, allowing them to offer a complete online security solution to their customers," said David Woroch, Vice President, Sales, for OpenSRS. "Our goal is to make sure that our Resellers understand the value of the most trusted name on the Web, and how to leverage it in their own solution portfolios."
"For domain name registrars, ISPs and hosting companies, the ability to offer VeriSign SSL Certificates has become an important way to differentiate from their competitors," said Michael Lin, vice president and general manager of SSL at VeriSign. "OpenSRS is not only the first bringing that competitive advantage to its reseller network, but it also wholesales all VeriSign SSL Certificates to resellers, including EV SSL protection."
As the most respected and trusted SSL authority on the Web, VeriSign is the EV SSL Certificate provider of choice for more than 10,000 Internet domain names, representing 74 percent of the entire EV SSL Certificate market worldwide.* In fact, over 95 percent of the Fortune 500 and 96 of the world's 100 largest SSL-using banks secure their sites with SSL Certificates sold by VeriSign.* To learn more about VeriSign EV SSL, visit http://www.verisign.com/EV-SSL.
* Includes VeriSign's subsidiaries, affiliates and resellers.
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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 VeriSign Secured Seal 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, 2008 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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