VeriSign Expands Presence in India

Bangalore, Karnataka, India and Mountain View, California, United States , 2006-06-06

VeriSign, Inc., (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for Internet and telecommunications networks, today announced the opening of its new India headquarters in Bangalore, India. This event signifies the integration and unity of VeriSign’s three business units and reinforces VeriSign’s commitment to the Indian marketplace.

VeriSign entered India in 2004 and its new facility, located in Bangalore’s Koramangala area, will consolidate the company’s footprint in the region and house employees that support VeriSign’s Communications, Security and Information Services groups. Until now, employees have been operating from separate offices in Bangalore.

“India is a strategic marketplace for VeriSign and this facility represents a significant milestone for us. We are pleased to be housing employees from various business units in a common facility and creating a unified VeriSign culture that can benefit VeriSign and the regional customers we serve,” said Aristotle Balogh, senior vice president of operations and infrastructure, VeriSign.

VeriSign’s presence in India began when the company acquired two companies that formed the foundation of the VeriSign Short Messaging Service (SMS) and picture messaging businesses. The company’s picture messaging group has a product development center and employees in India.

Subsequently, VeriSign opened a Development Center in Bangalore to leverage the immense talent pool in India and to develop engineering products and solutions for various business units.

VeriSign’s current headcount in India is 315 employees. The new facility has capacity for 800 people spread over an area of 100,000 square feet.

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

Trademarks

VeriSign and other trademarks, service marks and logos are registered or unregistered marks of VeriSign, Inc. and its subsidiaries in the United States and in foreign countries. Copyright © 2006 VeriSign, Inc. All rights reserved.

Forward Looking Statement

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; the possibility that this service 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, 2005 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.


Contact

R Murali, IPAN, +91 80 41125287
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