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At 04:38 p.m. 03/10/2003 -0400, Alan Davidson wrote:<br>
<blockquote type=cite class=cite cite>Attached is Verisign's press
release from this afternoon. Very interesting.<br><br>
<x-tab> </x-tab>-
Alan<br>
</blockquote><br><br>
It has not been suspended yet. <br><br>
Raul<br><br>
<br><br>
<br>
<blockquote type=cite class=cite cite><blockquote type=cite class=cite cite><font size=5><b>VeriSign
Site Finder Service Update</b></font><br>
<i>VeriSign Will Temporarily Suspend Web Navigation Service in Order to
Continue to Work With Internet Community Towards a Long-Term
Implementation</i><br>
<b>MOUNTAIN VIEW, CA - October 03, 2003 -</b> VeriSign, Inc. (Nasdaq:
VRSN), the leading provider of critical infrastructure services for the
Internet and telecommunications networks, today announced that it will
temporarily suspend its Site Finder, a new service to improve Web
navigation for Internet users.<br>
"Without so much as a hearing, ICANN today formally asked us to shut
down the Site Finder service. We will accede to the request while we
explore all of our options," said Russell Lewis, executive vice
president of VeriSign's Naming and Directory Services Group. "During
the more than two weeks that Site Finder has been operational, there is
no data to indicate that the core operation of the Domain Name System or
stability of the Internet has been adversely affected. ICANN is using
anecdotal and isolated issues to attempt to regulate non-registry
services, but in the interests of further working with the technical
community we will temporarily suspend Site Finder."<br>
Launched September 15, Site Finder provides useful tools for Internet
users who mistype a domain name or attempt to connect to a web site that
doesn't exist. Instead of receiving a cryptic error message, users
receive a Web page that offers a search box, a "Did You Mean?"
listing of similar domain names, and a listing of popular categories
related to the search request. Through Thursday, Oct. 2, Site Finder has
been used more than 40 million times by Internet users to get where they
want to go online.<br>
"The service has been well received by millions of Internet users
who appreciate getting navigation tools as opposed to the 'dead end' of
an error message," added Lewis.<br>
VeriSign announced on September 23 that it has established a Technical
Review Panel comprised of Internet community leaders to help gather and
analyze feedback about Site Finder. That panel will assist VeriSign in
the long-term implementation of Site Finder.<br>
"The next several weeks will be a test as to whether innovation will
occur within the Internet infrastructure. The fact is that while the
Internet has been used for innovative purposes over the last decade, the
core infrastructure has suffered from a lack of innovation," said
Lewis. "VeriSign will argue vigorously for innovation because it not
only improves the Internet user experience but has implications for the
vitality of the DNS system and economic competitiveness and job
growth."<br>
<font face="Times New Roman, Times"><b>About VeriSign</b></font><br>
VeriSign, Inc. (Nasdaq: VRSN), delivers critical infrastructure services
that make the Internet and telecommunications networks more intelligent,
reliable and secure. Every day VeriSign helps thousands of businesses and
millions of consumers connect, communicate, and transact with confidence.
Additional news and information about the company is available at
<a href="http://www.verisign.com/" eudora="autourl">www.verisign.com</a>.<br>
<font face="Verdana"><b>For more information, contact:</b></font><br>
<font face="Verdana">VeriSign Media Relations: Tom Galvin,</font>
<a href="mailto:tgalvin@verisign.com"><font face="Verdana" color="#0000FF"><u>tgalvin@verisign.com</a></u></font><font face="Verdana">, 202.973.6600<br>
VeriSign Director of Government Relations: Shane Tews,</font> <a href="mailto:stews@verisign.com"><font face="Verdana" color="#0000FF"><u>stews@verisign.com</a></u></font><font face="Verdana">, 202.973.6600</font><br>
<i>###</i><br>
Statements in this announcement other than historical data and information, including but not limited to new business relationships and new service offerings, 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 increasing competition and pricing pressure from competing services offered at prices below our prices, market acceptance of our existing services, the inability of VeriSign to successfully develop and market new services or the failure of new services to gain customer acceptance, reduced demand for our services as a result of continued softness in information technology and telecommunications spending by our customers, and the risk that VeriSign's strategic relationships may not result in additional products, services, customers and revenues. 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, 2002 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.<br><br>
<font size=1 color="#808080"><b>__________________________________________________</b></font></blockquote></blockquote></body>
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