SOURCE: VeriSign, Inc.

October 05, 2007 09:00 ET

VeriSign Named a Leader in Managed Security Services Independent Report

Independent Research Firm Credits Solid Current Offering and Visionary Strategy

MOUNTAIN VIEW, CA--(Marketwire - October 5, 2007) - VeriSign, Inc. (NASDAQ: VRSN) today announced it has been named a Leader in Forrester Research's first Wave™ research report for managed security services (MSS). In the Forrester Wave: Managed Security Services, Q4 2007 (October 2007), VeriSign also earned the top score for current strategy. A full copy of the report is available at:

According to the report, "Specialist security player VeriSign is one of the Leaders in this first Forrester Wave on managed security services (MSS). A solid current offering and visionary strategy place VeriSign in the Leader category, ahead of the competition. VeriSign benefits from its PKI and authentication expertise and from its intelligent Internet infrastructure experience. The firm's current offering enjoys strengths in many areas, including implementation, visibility, portal strategy, and intelligence through the iDefense® Security Intelligence offering. While VeriSign needs to expand its international foothold, its market strategy focuses on investment in key future security areas, such as threat detection and analysis, visualization, and extending services to the application layer. This, united with an aggressive go-to market strategy tailored to suit different geographic regions, makes VeriSign a player in the MSS space with a bright future."

For its first assessment of the state of the MSS market, Forrester evaluated and compared the strengths and weaknesses of top MSS providers. After examining past research, user need assessments, and provider and expert interviews, Forrester developed a comprehensive set of 56 evaluation criteria grouped into three general categories: Current Offering, Strategy, and Market Presence. After Forrester completed its evaluation, VeriSign earned the top score in the Strategy category and was named a Leader for the overall MSS market.

"Every day, securing business transactions on the Internet is growing more complex, and that has made managed services such a vital component of reducing an organization's risk," said Mike Denning, vice president, Enterprise Security Services, VeriSign, Inc. "As an essential component of our Layered Security Solution, VeriSign's unique combination of Security Consulting, iDefense Security Intelligence and Managed Security Services provides a clear view of security threats and best practices for fast and effective remediation. We are proud that Forrester has named VeriSign as a Leader in the MSS market and that VeriSign earned the top score in current strategy -- on the heels of being named a Strong Performer in The Forrester Wave: Security Consulting, Q3 2007 (September 2007)."

About VeriSign

VeriSign, Inc. (NASDAQ: VRSN) operates digital infrastructure services that enable and protect billions of interactions every day across the world's voice, video and data networks. Additional news and information about the company is available at

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's Extended Validation Secure Sockets Layer Certificates 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, 2006 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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