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VeriSign Positioned in Leaders Quadrant for 2H05 Managed Security Services Provider Magic Quadrant

  • 24 January, 2006 09:47

<p>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:</p>
<p>“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 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.”</p>
<p>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.</p>
<p>“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.”</p>
<p>About The Magic Quadrant</p>
<p>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.</p>
<p>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</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 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.</p>
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