VeriSign Expands Internet Infrastructure in Europe with New Sites in Paris & Brussels
London, UK, June 19, 2008 – VeriSign, Inc. (Nasdaq: VRSN), the trusted provider of Internet infrastructure services for the networked world, today announced additional infrastructure deployments in Europe with new sites in Paris, France and Brussels, Belgium to fortify its Internet infrastructure.
VeriSign has deployed new Regional Internet Resolutions Sites (RIRS) in Paris and Brussels as part of its Project Titan initiative, the company's plan to increase by 10 times the capacity of its global Internet infrastructure by 2010. By expanding its deployment of Regional Internet Resolution Sites to more than 100 locations around the globe, VeriSign will provide better redundancy and reduced latency that will improve the experience for users by reducing bottlenecks and increasing speed.
"VeriSign continues to roll out our infrastructure in key regions to meet the capacity, security and reliability demands of the future," said Ken Silva, chief technology officer, VeriSign. "By deploying a site in France, the more than 32 million Internet users will now have a faster and more reliable experience connecting to the .com and .net infrastructure. With our proven internal resources and our global network of providers in fast growing markets, VeriSign will continue to work to protect the .com and .net infrastructures against service disruptions, cyber attacks, and other vulnerabilities brought by massive growth."
Since 2000, the volume of Internet traffic on VeriSign's global infrastructure has increased from an average of 1 billion domain name system queries per day to a peak of more than 50 billion DNS queries per day under normal traffic conditions. Europe is the second largest region of DNS traffic and VeriSign is continually expanding its deployment of Regional Internet Resolution Sites in Europe and currently has several sites in Europe (in addition to France and Belgium) including: Germany, England, Sweden, Italy, Switzerland, Ireland and Poland.
Under Project Titan, VeriSign will increase its daily DNS query capacity from 400 billion queries a day to over 4 trillion queries a day and will increase the aggregate network bandwidth of its primary resolution centers around the world from more than 20 gigabits per second (Gbps) to greater than 200 Gbps per second. VeriSign will also expand its deployment of Regional Internet Resolution Sites to more than 100 locations across the globe by 2010. VeriSign is also deploying new proprietary security upgrades and monitoring tools to identify, track and isolate malicious Internet traffic generated from cyber attacks.
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.
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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 Domain Name Services and other infrastructure offerings; 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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