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VeriSign Wins Best Identity Management Award For Second Consecutive Year

VeriSign^® Identity Protection (VIP) Wins Network World Asia Readers' Choice Award For Best Identity Management Suite in 2009

16 December 2009, VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today announced that VeriSign Identity Protection (VIP) Authentication Services has won the Network World Asia 2009 Readers' Choice Award for Product Excellence in the Identity Management category for the second consecutive year.

"This year has been a particularly difficult year as the global financial crisis has affected how much businesses could spend on IT," said Victor Ng, Editor in Chief, Network World Asia. "With end users helping us pick our 2009 NWA Readers' Choice Product Excellence Awards winners, we hope this provides other organisations with a solid indication as to leading products available in Asia Pacific."

More than 485 readers voted for the most responsive and technologically advanced IT vendors selling in the Asian market across more than 26 product categories. Voting was open on a private Web-based survey site with invitations sent to senior technology directors and IT project heads in end user organisations from Network World Asia's current readership base.

"Since VIP was first introduced to the Asian market in 2006, the unique concept of leveraging a cloud-based solution built on open standards has been very well received - it offers businesses lower costs, greater choice and flexibility than other solutions in the market," said Armando Dacal, director of Authentication Sales, Asia Pacific at VeriSign. "Winning the Network World Asia award for a second consecutive year reinforces the importance of identity management in protecting businesses and consumers from the online threats that constantly challenge the way they use the Internet."

A cloud-based authentication service, VIP enables enterprises to strengthen typical username and password account access with an additional factor of authentication using a unique one-time password (OTP) generated by a user's VIP security credential. Because logging on with two-factor authentication requires something the user knows (his username and password) and something he has (his VIP credential), VIP has been proven effective against unauthorized access to online accounts and VPNs.

By leveraging the cloud-based service, VIP makes it easy for companies to quickly deploy and scale strong authentication, which speeds time to market. Most importantly, VIP removes the cost and management barriers of implementing two-factor authentication, eliminating the need for additional capital investment and lowering the total cost of ownership (TCO).

About Network World Asia
Network World Asia is circulated to over 16,000 enterprise IT, computing, Internet professionals and networking companies and other companies who use networks. It is edited for IT and networking professionals, engineers, and senior managers responsible for the approval, specification, recommendation or purchase of network equipment or software. Network World Asia's print and online editions are produced and managed by Questex Asia Limited, a part of the Questex Media Group, Inc. www.networksasia.net.

About VeriSign
VeriSign is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at www.verisign.com.au

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 EV SSL solutions; 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, 2008 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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