USTelecom Elects VeriSign’s Vernon Irvin to
Board of Directors
Industry Veteran Irvin to Help Shape Association Strategies
MOUNTAIN VIEW, CA – December 5, 2005 -VeriSign, Inc. (Nasdaq:
VRSN), the leading provider of intelligent infrastructure services for
the Internet and telecommunications networks, announced that the United
States Telecom Association (USTelecom), the premier trade association
representing more than 1,200 service providers and suppliers for the
telecom industry that offer a wide range of services across the communications
platforms, has elected Vernon L. Irvin to its Board of Directors.
As Executive Vice President and General Manager of
VeriSign Communications Services, Irvin is responsible for the unit
that provides Intelligent Communications, Commerce and Content Services
to more than 1,000 telecommunications carriers and operators around
the world. Since joining VeriSign in June 2003, Irvin has grown VeriSign’s
communications business and introduced a range of services to help mobile
carriers leverage new opportunities.
“As this market shifts with the entry of broadband,
mobile virtual network operators, voice over IP and Wi-Fi and other
next generation services, USTelecom’s role in educating industry leaders
and policy makers is critical,” said Irvin. “With so many changes taking
place, it is exciting and rewarding to work with this association and
help the industry grow and deliver what wireless consumers want at home
and on the road.”
Irvin has been a tireless advocate for the communications
industry. He is an active member on a number of industry boards and
a trusted adviser to carriers, content providers and entertainment industry
leaders, championing the growth and interconnections of communications.
“With notable experience driving communications transformations,
Vernon’s background and industry role with wireless and Internet companies
make him a valuable asset and an ideal addition to the USTelecom board,”
said Walter B. McCormick Jr., president and CEO, USTelecom. “Our members
benefit from having experienced advocates working on their behalf, shaping
public policy efforts to create growth and healthy competition in the
dynamic communications marketplace.”
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 marks of VeriSign, Inc. and its subsidiaries in the
United States and in foreign countries. Copyright © 2005 VeriSign, Inc.
All rights reserved.
For More Information
VeriSign Media Relations: Lori Sinsley, lsinsley@verisign.com,
650-426-4716
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com,
650-426-3744
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, 2004 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.
