Press release from Business Wire India
Wednesday, February 02, 2011 10:26 AM IST (04:56 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
Verisign to host an 'Internet Thought Leadership' Event in New Delhi on 11 February 2011
New Delhi, Delhi, India, Wednesday, February 02, 2011 -- (Business Wire India) -- VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, will host an event of Internet policymakers and industry leaders to celebrate the economic, social and cultural impact of the Internet. The invitation-only event will be held on Friday, February 11th 2011 at the Oberoi Hotel in New Delhi.
The event will feature Verisign's leadership team including Rusty Lewis, Executive Vice President, Strategic Development; Patrick Kane, Senior Vice President and General Manager, Naming Services and Hillarie Flood, Vice President, Value Added Services and International Product Marketing among others. Mr. N. Ravi Shanker, Joint Secretary & CEO of NIXI (National Internet Exchange of India), Ministry of Communications & Information Technology, Department of IT, Government of India will be the keynote speaker at this event. Patrick Kane and Mr. N. Ravi Shanker will also unveil a book on the impact of the Internet in India that is being published by the Digital Empowerment Foundation (DEF).
Commercial Internet in India has been in existence for close to 15 years and the popular .com domain name extension recently marked its 25th anniversary. While India dialed into the Internet in 1995 through Videsh Sanchar Nigam Limited (VSNL), it saw its first .com domain name - Rediff.com - go live in 1996. Today, with 81 million1 Internet users, India ranks fourth2 in the world among total number of Internet users. By 2013, India is predicted to have the third largest number of Internet users3.
"The Internet has become such an essential part of how we work, live and play. This event gives us a moment to step back and realize how deeply the Internet revolution has transformed our society," said Manish Dalal, Vice President, APAC, Verisign. "At Verisign, we're proud of the role we play in helping bring the Internet to people, but we never take for granted the need to continue to build and strengthen the Internet to meet the increasing demands placed upon it."
VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, Verisign enables companies and consumers all over the world to connect online with confidence. Additional news and information about the company is available at http://www.Verisigninc.com
1 According to http://www.internetworldstats.com/top20.htm, updated for June 30, 2010
2 Internet users country ranking; available on the link:
3 From the report titled 'Global Online Population Forecast, 2008 to 2013' by technology and market research firm Forrester Research
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 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. 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, pricing pressure from competing services offered at prices below our prices and changes in marketing practices including those of third-party registrars; the current global economic downturn; challenges to ongoing privatization of Internet administration; the outcome of legal or other challenges resulting from our activities or the activities of registrars or registrants; new or existing governmental laws and regulations; changes in customer behavior; the inability of Verisign to successfully develop and market new services; the uncertainty of whether our new services will achieve market acceptance or result in any revenues; system interruptions; security breaches; attacks on the Internet by hackers, viruses, or intentional acts of vandalism; and the uncertainty of whether Project Apollo will achieve its stated objectives. 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, 2009, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Verisign undertakes no obligation to update any of the forward-looking statements after the date of this announcement.
©2011 VeriSign, Inc. All rights reserved. VERISIGN, the VERISIGN logo, 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
Nidhi Hola, Media Relations, VeriSign, +91 9811205937, nhola@Verisign.com
Nancy Fazioli, Investor Relations:, VeriSign, 650-316-6569, ir@Verisign.com
PEOPLE, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
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