SOURCE: VeriSign, Inc.

February 26, 2007 09:00 ET

VeriSign's Card Management System Receives Certification From GSA for HSPD-12

VeriSign Leads by Offering Government Agencies an Integrated FIPS-201-Compliant SSP PKI and Card Management Solution

MOUNTAIN VIEW, CA -- (MARKET WIRE) -- February 26, 2007 -- VeriSign, Inc. (NASDAQ: VRSN), the leading provider of intelligent infrastructure for the networked world, announced today that its Card Management System (CMS) has been certified under the General Services Administration (GSA)-managed FIPS 201 Evaluation Program. VeriSign is the first vendor to receive its CMS certification using FIPS 201-compliant Shared Service Provider (SSP) Public Key Infrastructure (PKI) certificates. VeriSign is the only vendor that has both its SSP PKI and CMS on the GSA FIPS 201 Approved Product List.

FIPS 201 is a standard outlined in Homeland Security Presidential Directive 12 (HSPD-12) that sets the requirements for a common identity credential for all Federal employees and contractors.

"VeriSign is proud to offer a fully integrated, FIPS-compliant CMS and SSP PKI solution for our customers," said George Schu, VeriSign's Vice President for Strategic Development. "This is truly unique and has already been leveraged by several federal agencies. The benefit of our standards-based approach is that a government agency can more quickly and cost-effectively implement an HSPD-12 solution, with significantly reduced deployment risk. This saves tax payers' money and makes everyone safer, more quickly."

VeriSign's Card Management System is pre-packaged and integrated with VeriSign's SSP PKI solution and is specifically designed for HSPD-12 deployments supporting a wide choice of compliant smart card types, workflows, and deployment options for meeting FIPS 201 requirements. VeriSign's integrated solution enables federal government agencies, as well as other organizations seeking a standards-based approach, to quickly comply with the processes defined in FIPS 201. The solution integrates user enrollment, document capture, biometric capture, card production, credentialing and printing within a strictly role-separated application suite.

VeriSign received its certification for SSP PKI in 2006.

About VeriSign

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

More information about VeriSign's solutions for government markets is available at


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Forward-Looking Statement

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 increasing competition and pricing pressure from competing services offered at prices below our prices and market acceptance of our existing services, the inability of VeriSign to successfully develop and market new services and the uncertainty of whether new services as provided by VeriSign will achieve market acceptance or result in any revenues. 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, 2005 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.