VeriSign Bases EMEA Headquarters in Geneva

• By theWHIR.com , February 26, 2002

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February 26, 2002 -- (WEB HOST INDUSTRY REVIEW) -- VeriSign, Inc. (verisign.com), a provider of digital trust

services, today announced the establishment of its Europe, Middle East and

Africa headquarters in Geneva. Besides Geneva, VeriSign has offices in

Sweden, Norway, Germany, France, Denmark, UK, and Spain among other

locations.

"We chose Geneva for our EMEA headquarters because of its leading role as a

global center for international trade, banking, and telecommunications,"

said Stratton Sclavos, president and CEO of VeriSign. "Headquartering in

Geneva enables us to work directly with our partners to meet their needs,

forge stronger relationships with our customers, and ultimately achieve our

first goal - giving people the confidence to engage in commerce and

communications in a trusted digital environment."

VeriSign began operations in 1995 and over the years has grown to provide a

range of digital trust services powered by a global infrastructure that

manages five billion network connections and transactions a day. The company

has four core offerings: Web presence services, security services, payment

services, and telecommunications services. VeriSign is a provider of the

digital identity of over 6.5 million business and individual customers, the

company says.

Through its network of European channel partners and directly, VeriSign will

deliver localized domain name registration services, e-mail, secure site

seals, brand management, digital payment and authentication services to

consumers and small to mid-sized businesses.

The VeriSign Trust Network of PKI affiliates has provided European

enterprises, financial institutions and government organizations with

advanced implementations of VeriSign digital trust services, such as use of

secure smart cards and soon with citizen ID cards. PKI affiliates represent

VeriSign in the UK, Sweden, Denmark, Iceland, Germany, Switzerland, Austria,

Netherlands, Italy, Spain, Portugal, Poland, Israel, Egypt, Kuwait and South

Africa.

The newly established Geneva support center will give VeriSign affiliates

access to increased levels of technical training and sales support to

deliver these services, the company said. VeriSign will move product

creation teams to the Geneva headquarters to build European technology

platforms used by affiliates. VeriSign will also fulfill country-specific

legal, policy, and technical requirements with the creation of a local test

facility.

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