Following its win in 2008, VeriSign Identity Protection has been again selected the winner of Network Products Guide Reader Trust Award for best in multi and second factor security. The VIP Access for Mobile application was also the winner in the same category in 2009. This repeated accolade is a tribute to VeriSign's commitment to provide best in class security solutions that exceed customer expectations.
With the VIP solution, enterprises can utilize a VeriSign-hosted service to obtain a higher level of authentication while providing their users with a broad selection of credentials ranging from industry leading hardware tokens to more convenient, easily distributable, software based credentials for mobile devices and PC's. Delivered as a secure cloud-based service, VIP also reduces the cost and complexity of verifying online identities and transactions for customers, employees and partners with strong authentication.
VeriSign Managed PKI Service simplifies management and reduces costs associated with setting up and maintaining your own PKI. VeriSign Managed PKI Service is a PKI certificate management and authentication service that runs on VeriSign's proven, globally managed, highly reliable infrastructure.
"Increased end-user awareness and ongoing advances in technology are helping shape better products and services," says Rake Narang, editor-in-chief, Network Products Guide. "VeriSign Identity Protection and VeriSign Managed PKI are bringing about improvements in the authentication space to help better secure critical online interactions, identities and operations."
"These awards go to the best technology products every year and we are honored that VeriSign Identity Protection has once again gained the recognition of Network Products Guide Readers' Trust and now VeriSign Managed PKI has as well," said Atri Chatterjee, senior vice president of User Authentication at VeriSign. "We remain steadfast in our efforts to bring the highest quality security products to the market and committed to the needs of our customers."
VIP Authentication Service continues to see impressive growth as the fastest growing cloud based authentication solution protecting online interactions for nearly 500 enterprise customers around the world. The VIP Access for Mobile application is offered for free from VeriSign (http://vipmobile.verisign.com/home.v) and transforms more than 600 different types of mobile devices into VIP credentials for strong authentication, including the most popular handsets -- iPhone®, BlackBerry®, Windows® Mobile and handsets supporting the most popular J2ME™ and BREW platforms.
To reduce risk and to comply with various security regulations, tens of thousands of enterprises, government agencies, and individuals turn to VeriSign and its network of global affiliates for VeriSign Managed PKI services. VeriSign Managed PKI services continue to see strong demand within the U.S. public sector market and for specialized ecosystems that require a robust, third party trust fabric. VeriSign has grown its monthly user certificate issuance volumes by 30% year over year and recently issued its 125 millionth device certificate for a variety of equipment including cable set-top boxes, WiMAX™ devices, ATM machines, and network printers.
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, including the VeriSign PKI Platform; 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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