VeriSign Positioned in Leaders Quadrant For
2H05 Managed Security Services Provider Magic Quadrant
MOUNTAIN VIEW, CA., January 23, 2006 – VeriSign, Inc., (NASDAQ:
VRSN), the leading provider of intelligent infrastructure services for
Internet and telecommunications networks, today announced it has been
positioned by Gartner, Inc. in the leaders quadrant in the 2H05 North
America Managed Security Services Providers (MSSP) Magic Quadrant.
A full copy of the report is available at: www.verisign.com/dm/gartner-mssp
“We are pleased that Gartner has positioned us in
the “Leader” quadrant. We feel this report confirms what our customers,
partners and prospects are telling us – that VeriSign has the people,
processes, technology and intelligence to help enterprises better respond
to information security threats and manage their risk,” said Chris Babel,
vice president, Managed
Security Services, VeriSign. “Our vendor-neutral services
approach, technology and intelligence make VeriSign extremely well positioned
to help enterprises of all sizes. Furthermore, the addition of
the VeriSign iDefense Security Intelligence team expands on our ability
to provide customers with proactive security intelligence that helps
protect them from malicious activities.”
Issued on December 30, 2005, the “Magic Quadrant for
Managed Security Services Providers, North America, 2H05” evaluated
MSSPs on their completeness of vision and ability to execute.
According to Gartner, magic quadrant “leaders” are vendors who are performing
well today, have a clear vision of market direction and are actively
building competencies to sustain their leadership position in the market.
“Dole selected VeriSign to provide Managed Security
Services because of their ability to deliver seamless services with
near 100% uptime and ability to proactively discover vulnerabilities
and malicious activity that could pose a threat to our networks and
customer data,” said Frans Nio, Director, Global Information Security,
Dole Food Company. “VeriSign’s 24/7 management and monitoring
by security experts, real-time security intelligence, and a global infrastructure
allow us to deliver services to our customers without the worry of security
compromises.”
About The Magic Quadrant
The Magic Quadrant is copyrighted December 30, 2005 by Gartner, Inc.
and is reused with permission. The Magic Quadrant is a graphical representation
of a marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that marketplace,
as defined by Gartner. Gartner does not endorse any vendor, product
or service depicted in the Magic Quadrant, and does not advise technology
users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool,
and is not meant to be a specific guide to action. Gartner disclaims
all warranties, express or implied, with respect to this research, including
any warranties of merchantability or fitness for a particular purpose.
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
For more information, contact:
VeriSign Media Relations: Brendan P. Lewis, brlewis@verisign.com,
650-426-4470
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 the risk that VeriSign's announced
strategic relationships,, may not result in additional products, services,
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,
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.
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