SOURCE: VeriSign, Inc.

March 05, 2008 09:00 ET

Businesses and Consumers Worldwide Add Nearly 33 Million Internet Domain Names in 2007, Increasing Total Registrations to More Than 153 Million

Latest VeriSign Report Also Sheds Light on Importance of Increasing IP Address Space for the Rapidly Growing Global Infrastructure

MOUNTAIN VIEW, CA--(Marketwire - March 5, 2008) - The Internet grew by nearly 33 million domain names in 2007, according to the fourth quarter 2007 Domain Name Industry Brief published by VeriSign, Inc. (NASDAQ: VRSN), the leading provider of Internet infrastructure for the networked world.

The close of the fourth quarter saw a total base of more than 153 million domain name registrations worldwide across all of the Top Level Domain Names (TLDs). This represents a 27 percent increase over the same quarter last year, and 5 percent growth over the third quarter of 2007.

The .com and .net adjusted base surpassed 80.4 million domain name registrations at the end of 2007. This represents a 24 percent increase year over year and a four percent increase quarter over quarter. The adjusted base grew by 3.5 million domain names in the fourth quarter and 15.4 million over the entire year. New .com and .net domain name registrations were added at an average of 2.5 million per month in the fourth quarter 2007 for a total of 7.5 million new registrations.

Country Code Top Level Domain Name registrations (ccTLDs) totaled more than 58 million, a 33 percent increase from 2006 and a six percent increase from the third quarter of 2007. The composition of the domain name industry and rank order in terms of base size remained relatively constant.

VeriSign met the brisk global domain name growth by continuing to operate the infrastructures that allow users to register domain names, access Web sites, send emails or conduct commerce and communications. During the fourth quarter of 2007, VeriSign processed peak loads of more than 33 billion Domain Name System (DNS) queries per day, with each query representing an instance of an Internet user accessing a Web site or sending email. The VeriSign DNS continued to maintain operational accuracy and stability 100 percent of the time throughout 2007 -- just as it has for the past decade.

The latest VeriSign Domain Name Industry Brief also spotlights the importance of Internet Protocol Version 6 (IPv6), the successor for IPv4, the current version of the Internet Protocol used today. IPv6 offers significant improvement over the current protocol. Chief among these is the ability to enable a larger address space, thus providing more flexibility in assigning addresses.

"The widespread adoption of Internet-enabled wireless devices and gaming consoles has created a growing demand for larger IP address space," said Raynor Dahlquist, senior vice president of Naming Services at VeriSign. "To stay ahead of this demand, VeriSign recently took steps to enable the A and J root servers for IPv6. This will help ensure that developing global infrastructures will have sufficient IP address space to innovate, to enhance the end-to-end connectivity for IPv6 networks, and to facilitate richer use of DNS."

VeriSign publishes the Domain Name Industry Brief to provide Internet users throughout the world with significant statistical and analytical research and data on the domain name industry and the Internet as a whole. Copies of the 2007 fourth quarter Domain Name Industry Brief, as well as previous reports, can be obtained at www.verisign.com/domainbrief.

About VeriSign

VeriSign, Inc. (NASDAQ: VRSN) operates Internet 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 www.verisign.com.

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Copyright © 2008 VeriSign, Inc. All rights reserved.

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.