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VeriSign Issues First Extended Validation SSL Certificate in Support of IE7 and Microsoft Vista Launch

  • 12 December, 2006 10:24

<p>VeriSign, Inc., (NASDAQ: VRSN), the leading provider of intelligent infrastructure for the networked world, today announced the general availability of its Extended Validation (EV) SSL Certificates, which help protect users against online fraudulent activity by providing third party verification of a website’s authenticity.</p>
<p>These new certificates support Microsoft’s IE7 and Vista operating system and also incorporate VeriSign’s unique EV Upgrader technology enabling all Windows XP clients using IE7 to display the same green address bar and other interface enhancements as Windows Vista clients. VeriSign issued the first of these certificates to Overstock.com, one of the largest online retailers in North America.</p>
<p>"As one of the first websites to implement the new VeriSign Extended Validation SSL Certificates, Overstock.com continues to demonstrate leadership in making online shopping safer," said Jacob Hawkins, senior vice president of marketing at Overstock.com. "When customers see the green browser bar and trusted VeriSign Secured Seal on our site, they can be confident that their online transactions are secure."</p>
<p>VeriSign’s Extended Validation SSL Certificates help maximise consumer confidence when visiting websites by providing a visual cue that these sites are who they claim to be and that their online transactions are secured by encryption. When a user enters a URL in a supporting high-security browser such as IE7, the browser address bar will turn green, indicating that the site’s identity has been verified using known, reliable authentication methodology. The green browser bar will also display the registered organisation’s name and the name of the SSL provider, which allows site visitors to confirm the genuine name of the businesses they are interacting with online.</p>
<p>“As the most recognised sign of trust on the Internet, VeriSign is the SSL provider of choice for over 93 per cent of the Fortune 500, 47 of the 50 biggest e-commerce sites and the world’s 40 largest banks,” said Chris Babel, vice president and general manager, SSL, for VeriSign. “As of last Wednesday, we’ve been issuing the industry’s first EV certificates. These new certificates continue our tradition of assuring site visitors that their personal and financial information is safe during online transactions.”</p>
<p>VeriSign’s EV SSL Certificates include EV Upgrader technology, which enables IE 7 users on Windows XP to display the green address bar for websites secured by VeriSign EV SSL Certificates. EV Upgrader utilises the VeriSign Secured Seal to prompt the IE7 browser to safely update its VeriSign SSL roots. The VeriSign Secured Seal is currently displayed on over 65,000 web properties and viewed by consumers approximately 100 million times per day.</p>
<p>“Protecting consumers online is a high priority for Microsoft and we are working hard to make the Internet a safer place. Internet Explorer 7’s support for Extended Validation SSL Certificates is another example of our dedication to this commitment,” said Markellos Diorinos, product manager for Internet Explorer at Microsoft. “As one of the industry’s recognised leaders in website authentication, VeriSign’s support for EV Certificates will help increase identity awareness in online transactions, thereby boosting consumer confidence.”</p>
<p>Browser recognition of Extended Validation SSL certificates are expected to be activated by Microsoft Internet Explorer 7 by the end of January 2007.</p>
<p>About VeriSign</p>
<p>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 www.verisign.com.au</p>
<p>Contact VeriSign Media Relations: Emma Keen, ekeen@verisign.com.au, +61 2 9236 0572</p>
<p>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 SSL 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, 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.</p>

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