VeriSign Positioned in 'Leader Quadrant' in Managed Security Services Provider Magic Quadrant Report MOUNTAIN VIEW, Calif., July 30 /PRNewswire-FirstCall/ -- VeriSign, Inc., (NASDAQ:VRSN), the leading provider of intelligent infrastructure services for Internet and telecommunications networks, today announced that Gartner, Inc. (NYSE: IT; ITB) positioned the company in the Leader quadrant in the 1H04 Managed Security Services Provider (MSSP) Magic Quadrant report for North America. Gartner evaluated more than 20 organizations before making this determination. A full copy of the report is available at: https://www.verisign.com/cgi-bin/go.cgi?a=o68050192724827000 . "We consider this report to confirm what we have been hearing from the marketplace; VeriSign possesses the optimal combination of technology, financial strength, and deep security expertise to deliver an unmatched breadth of services, leveraging a global 24x7 managed security infrastructure," said Maria Cirino, MSS senior vice president, VeriSign. "We intend to maintain this coveted market position through healthy investments in operations, R&D, and global expansion, as well as a staunch commitment to maintaining unrivaled levels of customer service." Gartner, one of the industry's most respected research and advisory firms, publishes the MSSP Magic Quadrant report bi-annually. Issued on July 26, 2004, this report evaluated North American MSSPs on the completeness of their vision and ability to execute. According to Gartner, "Leaders" are performing well today, have a clear vision of market direction, and are actively building competencies to sustain their leadership position in the market. "The depth and breadth of Internet intelligence available through VeriSign's MSS coupled with the company's commitment to customer service grants Hyatt the confidence to securely transact business online," said Mark Retnam, director of global communications technology, Hyatt International. "Additionally, through VeriSign, Hyatt gains access to more vendor neutral solutions, a selection of security services, improved correlation capabilities as well as alerts that are derived from an expanded and more diversified base of threat data." About VeriSign VeriSign, Inc. delivers intelligent infrastructure services that make the Internet and telecommunications networks more reliable and secure. Every day VeriSign helps thousands of businesses and millions of consumers conduct commerce and communications with confidence. Additional news and information about the company is available at http://www.verisign.com/. 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 ability of VeriSign to successfully develop and market new services and customer acceptance of any new services; the risk that VeriSign's announced strategic relationships may not result in additional products, services, customers and revenues; 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, 2003 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. The Magic Quadrant is copyrighted July 26, 2004 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. DATASOURCE: VeriSign, Inc. CONTACT: media, Karen McGuirk, +1-781-577-6625, or , or investors, Kathleen Bare, +1-650-426-3241, or , both of VeriSign, Inc. Web site: http://www.verisign.com/

Copyright