VeriSign Lauded for Online Safety Leadership
MOUNTAIN VIEW, CA (Marketwire) - VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, has been awarded the 2008 Online Safety Leadership Award by the Authentication and Online Trust Alliance (AOTA, Inc.).
The second annual awards recognize exceptional and meritorious achievements by companies that demonstrate commitment to preserving and improving online safety. For this year's awards, AOTA sought to spotlight companies that, throughout 2007, excelled in their adoption of innovative technologies, commitment to user and employee education and dedication to working with government and law enforcement. Winners were also chosen for industry and business collaboration.
"Today more than ever, ensuring the safety of consumers online is absolutely imperative," said Craig Spiezle, chairman and founder of AOTA. "Best practices are essential for enhancing online trust and confidence through public-private partnerships, and we need to increase adoption by all stakeholders to protect the online trust ecosystem. With contributions from industry leaders like VeriSign, we are making that goal a reality."
In selecting VeriSign for an Online Safety Leadership Award, AOTA evaluated the company's wide-ranging accomplishments aimed at stamping out e-crime and online fraud in 2007. During the year, VeriSign:
- Became the first commercial Certificate Authority to make Extended Validation Secure Sockets Layer (EV SSL) Certificates available in February 2007.
- Pursued an aggressive media outreach program to showcase successes of VeriSign customers, including performance metrics.
- Launched creative marketing campaigns to educate consumers about issues important to online commerce.
In addition, VeriSign extended its commitment to multiple online safety organizations, including AOTA, the Anti-Phishing Working Group, the CA/Browser Forum (founding member), and TRUSTe.
"We are pleased to receive AOTA's Online Safety Leadership Award in honor of our commitment to preserving and improving online safety," said Chris Babel, senior vice president, SSL, VeriSign. "VeriSign recognizes that a secure Internet is essential to the success of online commerce, and we have taken active roles to further the innovation and adoption of technologies such as EV SSL, which enhances trust online. We have also been committed to educating end-users and business decision makers about online safety using various methods including aggressive press outreach, customer and partner outreach and viral consumer marketing campaigns. We look forward to further collaboration with AOTA to continue to make the Internet safer for all consumers and businesses."
Founded in October 2004, the mission of AOTA is to foster the elimination of email and Internet fraud, abuse and data intrusions, thereby enhancing online trust, confidence and online protection of businesses and consumers. AOTA represents over 1 million businesses and 500 million users worldwide, with members in Brazil, Canada, United Kingdom, Denmark, Germany, Romania, Singapore and the United States. AOTA is a 501c6 IRS-approved non-profit, governed by a Board and Steering Committee including the Bank of America, BoxSentry, Datran Media, Epsilon, GoodmailSystems, Habeas, Iconix, Internet Identity, IronPort (a division of Cisco Systems), MarkMonitor, Message Systems, Microsoft Corporation, MX Logic, Return Path, Symantec Corporation and 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.
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.
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