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eWEEK Names VeriSign(R) Identity Protection (VIP) Access for Mobile a Product to Watch for 2009Award-Winning Security Application Continues to Gain Global Momentum After Spending Four Weeks as a Top Free Download From iTunes Store(R) (July 16, 2009)
MOUNTAIN VIEW, CA -- (Marketwire) -- 07/16/09 -- VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today announced that VIP Access for Mobile, which can turn more than 160 different mobile devices into strong authentication credentials, is rapidly becoming a must-have mobile application.
Already one of the most popular free applications for the hit Apple® iPhone(TM), VIP Access for Mobile has been named a 2009 Product to Watch by eWEEK, the industry leader for strategic technology information.
"In the Products to Watch feature, eWEEK's editors name new or newly updated enterprise-class products that we think should be on IT professionals' radars -- products and services that promise to create efficiencies as well as competitive advantage," said Debra Donston, Editor of eWEEK. "As a free application available for a wide range of mobile device models, VIP Access for Mobile is something enterprises should consider for implementing strong authentication."
With VIP Access for Mobile, tens of millions of mobile phone users can enable two-factor authentication on a device they already have when they log into VIP-enabled enterprise and B2B networks, as well as more than 50 other consumer sites that are part of the VIP Network. VIP Access for Mobile is a free, easy-to-install application available now to mobile end-users at http://m.verisign.com and the iTunes® application store for iPhone(TM) users.
VIP Access for Mobile transforms leading mobile phones into two-factor authentication credentials capable of generating a unique one-time password (OTP), for example, when an enterprise employee uses a VPN to remotely access company networks, or when a consumer or B2B user signs on to Web sites and networks protected by the VeriSign® Identity Protection Authentication Service.
VIP Access for Mobile, which is currently available worldwide, was downloaded more than 35,000 times in its recent availability. The application supports more than 160 different mobile devices ranging from the iPhone and BlackBerry® PDAs to cell phones from Nokia, Motorola, LG, Samsung and Sony Ericsson. Last month, VIP Access for Mobile won the 2009 Best Products and Services Award for Best in Multi- and Second-Factor Authentication from Network Products Guide.
"Throughout the world, two-factor authentication is gaining a far broader footprint among consumers and enterprises as the credentials become more convenient to access," said Kerry Loftus, vice president of User Authentication at VeriSign. "We're delighted to see such a strong initial response to this groundbreaking application, which will help make VIP strong authentication easier for users to adopt and for enterprises to deploy."
By implementing two-factor authentication through VeriSign's hosted service model, enterprises virtually eliminate the costly IT infrastructure investments once required to deploy proprietary authentication systems. VeriSign's open standards-based solution also speeds time to market and drives down per-user costs. And with mobile phones serving as free VIP credentials, enterprises can scale their potential user base at negligible per-user costs.
VeriSign also supports a wide range of other authentication credentials, including stand-alone tokens, such as the original football-shaped security tokens, credit card sized form factors and SMS for mobile phones.
eWEEK.com, with over 1.2 million unique monthly visitors, is the real-time, online resource for IT professionals who envision, evaluate and purchase technology solutions for their enterprise. With a focus on their one-of-a-kind in-house labs, eWEEK delivers breaking news, trusted analysis and practical information that senior IT managers need to build and enhance their company's infrastructures. www.eWEEK.com.
VeriSign, Inc. (NASDAQ: VRSN) 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.
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 Identity Protection services; 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.
©2009 VeriSign, Inc. All rights reserved. VeriSign, the VeriSign logo, the checkmark circle, and other trademarks, service marks, and designs are registered or unregistered trademarks of VeriSign, Inc., and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners.
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