Development of new technologies and processes. VeriSign is developing next generation monitoring and response services that will help better manage .com and .net traffic and better protect the systems against cyber threats. The monitoring systems will rapidly diagnose Internet traffic anomalies, which often appear in advance of a cyber attack, enabling pre- emptive action to minimize impact. VeriSign will also implement new DNS security protocols to better protect Internet traffic. "Fortifying and strengthening our Internet infrastructure is very technical in nature, but its impact is not. Keeping the infrastructure reliable and secure keeps our economy working, our communications seamless and our government operations reliable," said Ken Silva, Chief Security Officer of VeriSign. "We believe that the Project Titan initiative is an important part of keeping the Internet a trusted platform and tool that we all rely upon."
VeriSign's current financial projections include the costs associated with Project Titan. For more information visit, www.verisign.com/titan.
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 www.verisign.com.
Trademarks
VeriSign, and other trademarks, service marks, and logos are registered or unregistered trademarks of VeriSign and its subsidiaries in the United States and in foreign countries.
Copyright © 2007 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 and potential fluctuations in quarterly operating results due to such factors as the inability of VeriSign to successfully deploy and expand the technology referenced herein, to successfully develop and market new products and services, and customer acceptance of any new products or services, including the products and services mentioned herein; the possibility that VeriSign's announced new services and technology 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.
SOURCE: VeriSign, Inc.
