Web.com Extends VeriSign SSL to Millions of Online BusinessesJune 1, 2009
Mountain View, Calif. - June 1, 2009 -- VeriSign, Inc. (NASDAQ: VRSN), announced today that it has extended its partnership with Web.com (NASDAQ: WWWW), a leader in online marketing for small and medium-sized businesses. In addition to building and marketing a professionally designed Web site and providing a wide array of online marketing services, Web.com customers can benefit from their affiliation with the VeriSign Secured® Seal, the most recognized trust mark on the Internet when it comes to online security.*
"When we discuss our customers' business goals for their sites, we help them develop a detailed blueprint to succeed online," said Jeff Stibel, president of Web.com. "The customers we work with place a high premium on conducting business online in a safe and secure environment. They understand the importance of instilling confidence and trust in their customers to safely transact online. They also understand the value of having the VeriSign seal on their Web sites and appreciate the high return on investment they will realize by upgrading to VeriSign SSL Certificates."
By displaying the VeriSign Secured® Seal, online retailers and other businesses show visitors that their site is secured using industry-leading SSL technology from a globally respected Certificate Authority.
"We value our customers' security as much as we value utilizing renewable energy strategies to produce our wines," said Chris Behr, owner of Oso Libre (www.osolibre.com) Vineyards, an award winning vineyard in California's acclaimed Adelaida region. "We've seen a significant improvement in online sales ever since Web.com helped us secure our shopping cart with VeriSign. Visitors to our Web site know their credit card information is safe, and thus they are more likely to complete the transaction."
"When it comes to e-commerce, VeriSign SSL delivers confidence - and that's invaluable for online businesses," said Michael Lin, vice president and general manager of SSL at VeriSign. "The VeriSign Secured Seal takes the anonymity out of online transactions and offers the kind of reassurance consumers are looking for on the Internet. We're delighted to extend our SSL partnership with Web.com."
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.
*September 2008; Synovate Research: http://www.verisign.com/static/013506.pdf
** Includes VeriSign's subsidiaries, affiliates and resellers.
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 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 Extended Validation SSL; 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.
©2009 VeriSign, Inc. All rights reserved. VeriSign, VeriSign Secured, the VeriSign logo, the Checkmark Circle logo, and other trademarks, service marks, and designs are registered or unregistered trademarks of VeriSign, Inc., and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners.
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