VeriSign Completes Milestones

MOUNTAIN VIEW, Calif. -- VeriSign, Inc. (NASDAQ: VRSN), the leading provider of digital infrastructure for the networked world, today announced it has completed key milestones and is on track to expand and diversify the capacity of its global Internet infrastructure by 10 times by the year 2010.

When VeriSign announced the Project Titan initiative in February, it focused on expanding VeriSign’s critical infrastructure in scale, location, and investment in new engineering, monitoring and security systems to support the growth in Internet traffic. Since then, VeriSign has increased its capacity to 2 trillion DNS queries a day, continued to diversify its infrastructure globally and created new tools and processes to better monitor and manage traffic and to implement various system upgrades.

Project Titan is a multi-year initiative to strengthen the infrastructure. These upgrades are vital to managing the surge in Internet interactions and protecting against cyber attacks that are growing in both scale and sophistication.

“If the Internet infrastructure is not continually fortified and strengthened, then we run the risk that it will be unable to support the growing and dynamic needs of users, businesses and governments that rely on that infrastructure every day for commerce, communications and operations,” said Ken Silva, chief security officer, VeriSign. “For the Internet to remain a trusted platform, there must be complete confidence that it can scale to meet the demands and protect itself against attacks by those who want to disrupt it.”

VeriSign Inc. (Nasdaq: VRSN)