MOUNTAIN VIEW, Calif., March 1 /PRNewswire-FirstCall/ -- VeriSign the leading provider of intelligent infrastructure services for Internet and telecommunications networks, today announced it is pleased at the ICANN Board's approval and looks forward to working with the Department of Commerce towards final approval of the new .com registry agreement.
The new .com registry agreement is straightforward and closely follows the .net registry agreement, with similar provisions on renewal and price controls, approved last year by the ICANN Board and Department of Commerce.
VeriSign is committed to continuing to build and invest in the Internet infrastructure so it meets the growing needs of Internet users and operators. VeriSign hopes all members of the Internet community, including registrars, will join in ensuring the DNS continues to run reliably for the hundreds of millions of users who depend on it everyday.
About VeriSign
VeriSign, Inc., 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 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 risk that the settlement will not be finalized and that the agreements that memorialize the settlement will not be approved in current form, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results. 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, 2004 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.
