SAN JOSE, Calif., Spring VON 2005, March 8 /PRNewswire-FirstCall/ -- VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, and Vonage Holdings Corp., the leading provider of broadband phone services, today announced that Vonage has selected VeriSign NetDiscovery(TM) Services to help develop the capability for law enforcement to legally intercept calls on its Voice over Internet Protocol (VoIP)-based digital phone services. Vonage is not presently subject to the requirements of the Communications Assistance for Law Enforcement Act (CALEA), but is voluntarily complying with its provisions through this relationship. VeriSign NetDiscovery Services were selected by Vonage to support their network infrastructure used in VoIP deployments, and to assist Vonage in meeting CALEA compliance through a managed service model, significantly minimizing the capital and operational expenditure. By leveraging VeriSign's proven managed service model, once implemented, Vonage can continue to focus on growing their core business without diverting critical resources to non-revenue generating functions. Vonage's selection of NetDiscovery Services underscores VeriSign's ability to provide next-generation communications service providers with the vital services they need to quickly introduce their innovative offerings while having the benefit of compliance. VeriSign's NetDiscovery Services comply with legal, regulatory, technical, and operational aspects of CALEA and other mandates to provide assistance to law enforcement agencies. "VeriSign provides considerable industry expertise in matters of CALEA compliance with their NetDiscovery service which we will leverage through our agreement -- the first of its kind in the industry," said Louis Mamakos, chief technology officer at Vonage. "Vonage considers CALEA compliance and cooperation with law enforcement a priority in our VoIP-based telephone service. VeriSign came in with a solution which considerably reduced the complexity and cost for our CALEA implementation, cutting time to market down significantly." "VeriSign's goal is to continue to deliver a comprehensive solution portfolio that addresses the growing demands for compliance and security services for carriers and service providers," said Vernon Irvin, executive vice president, VeriSign Communications Services. "VeriSign already supports top cable MSOs, CLECs, and wireless carriers with their legal assistance and CALEA compliance needs, and we are pleased to add Vonage to our list of top customers, and assist them in meeting their legal obligations both securely and at a low cost." CALEA requires service providers to assist Law Enforcement Agencies (LEAs) in lawfully authorized electronic surveillance. To comply, service providers often have to purchase dedicated hardware, have trained operation staff and maintain connectivity with a variety of LEAs. VeriSign's NetDiscovery Service greatly streamlines the CALEA compliance requirements, and eliminates the need to purchase costly equipment, and requires only a single connection to the VeriSign network. VeriSign's NetDiscovery Services provide telecom network operators, cable operators, and Internet service providers with a streamlined service to help meet requirements for assisting government agencies with lawful intercept and subpoena requests for subscriber records. VeriSign's NetDiscovery Services are the premier turnkey service for provisioning, access, delivery, and collection of call information from operators to LEAs. By outsourcing the service to VeriSign, service providers maintain continuous, hassle-free compliance. For more information on VeriSign's NetDiscovery Services: http://www.verisign.com/telecom/products/network/netDiscovery.html . About VeriSign VeriSign, Inc., operates intelligent infrastructure services that enable businesses and individuals to find, connect, secure, and transact across today's complex, global networks. Additional news and information about the company is available at www.verisign.com. About Vonage(R) The fastest growing telephony company in North America, Vonage is redefining communications by offering consumers and small businesses an affordable alternative to traditional telephone service. Vonage has pioneered the broadband phone industry setting the standard for pricing, features, call quality and reliability for the entire VoIP category. With more than 500,000 lines in service, Vonage continues to add more than 15,000 lines per week to its network. Over 25 million calls per week are made using Vonage, the easy-to-use, feature-rich, flat rate phone service. Vonage's award winning service is sold on the web and through national retailers like SAM's Club, RadioShack, Best Buy, Circuit City, Staples, Fry's Electronics, Office Depot and CompUSA. Vonage Holdings Corporation is headquartered in Edison, New Jersey. For more information about Vonage's products and services, please visit www.vonage.com or call 1-VONAGE-HELP. Vonage(R) is a trademark of Vonage Holdings Corp. 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 ability of VeriSign to successfully develop and market new services and customer acceptance of any new services; the risk that VeriSign's announced strategic relationships may not result in additional customers and revenues; 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, 2003 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.
SOURCE VeriSign, Inc.