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More Than 400 Online Businesses Enhance Consumer Safety with VeriSign Extended Validation SSL Certificates

  • 07 February, 2007 11:57

<p>VeriSign, Inc. (NASDAQ: VRSN), the leading provider of intelligent infrastructure for the networked world, today announced that more than 400 leading companies have registered for its Extended Validation (EV) SSL Certificates, which help protect users against online fraudulent activity by providing third party verification of a Website’s authenticity. The certificates will allow businesses such as Overstock.com, PayPal, Travelocity, and many others to provide consumers with a visual cue – the "green" address bar in the Windows Internet Explorer 7 web browser – on web pages where EV certificates are deployed to help assure them the site they are visiting truly represents the legitimate business it claims to be, and that their online transactions will be safely encrypted.</p>
<p>VeriSign EV SSL Certificates enable Microsoft Internet Explorer 7, running on the Vista operating system, to indicate which sites have undergone Extended Validation. Furthermore, VeriSign is offering EV Upgrader, which enables all supported platforms of Internet Explorer 7, including Windows XP, to display the same green address bar and other interface enhancements that indicate a website’s identity has been verified. The address bar in Internet Explorer 7 will also display the registered organisation’s name and the name of the EV SSL provider, which allows site visitors to confirm the genuine name of the businesses with whom they are interacting. VeriSign EV SSL Certificates are backward compatible with all earlier browsers and operating systems that support SSL.</p>
<p>“It takes an industry-wide effort to help protect users and boost their confidence in sharing sensitive data online,” said Gary Schare, director of Internet Explorer Product Management at Microsoft Corp. “Internet Explorer 7 is the first browser to fully support Extended Validation SSL Certificates, and we’re happy to be working with VeriSign and other certification authorities to bring this solution to users.”</p>
<p>EV Upgrader utilises the VeriSign Secured Seal to prompt the Internet Explorer 7 browser operating in Windows XP to safely update its VeriSign SSL roots. The VeriSign Secured Seal is currently displayed on over 65,000 Web properties and viewed by consumers over 100 million times per day. More information on the VeriSign Secured Seal is available at www.verisignsecured.com.</p>
<p>"Our customers look to us to make their online marketplace safer for their business and VeriSign's EV Certificates help us in this effort by raising site identity awareness and building consumer trust,” said Jacob Hawkins, senior vice president of Online Marketing at Overstock.com. “Moreover, VeriSign's EV Upgrader provides an easy pathway to the validation, confidence and recognition that can set us apart in the marketplace."</p>
<p>"PayPal's number one focus is providing safe payments for millions of customers worldwide," said Michael Barrett, chief information security officer for PayPal Inc. "When customers use a safe browser like IE7, EV certificates help inform them about whether or not they are on a legitimate PayPal website before entering sensitive personal or financial information."</p>
<p>“At Travelocity, we believe in providing our customers with exceptional travel experiences, which starts when they book their travel plans online,” said Victoria Treyger, vice president, Merchandising and Product Marketing, Travelocity. “By using VeriSign EV certificates we provide our customers with a strong level of security which we know is critical in the online marketplace today.”</p>
<p>Browser recognition of Extended Validation SSL certificates is active in Microsoft Internet Explorer 7. For more information on VeriSign EV SSL, or to order one, please go to: http://www.verisign.com.au/ssl/ssl-high-assurance.shtml</p>
<p>"As the first SSL provider to deliver EV certificates, VeriSign continues its commitment to assuring consumers that their personal and financial information is safe when transacting online," said Chris Babel, vice president, SSL, VeriSign. "This commitment has made VeriSign the provider of choice for over 93 percent of the Fortune 500, 47 of the biggest e-commerce sites, and the world's 40 largest banks. We will continue to work with Microsoft and our growing community of customers, partners, and other industry peers to make online transactions safer for consumers and businesses."</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>Contacts</p>
<p>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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