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Service embeds encryption and authentication into software update and delivery process preventing third-party access and alteration of software program information
As the largest authenticator of online businesses in the world, VeriSign has more than 400,000 digital certificates currently installed on Web sites around the globe. VeriSign provides the industry's most secure forms of authentication and encryption by using automated as well as person-to-person background checks to confirm the identity of sources on the Internet. VeriSign also announced today a joint development agreement with Authentium, Inc., parent company of Command Software Systems and creators of Curtains for WindowsTM firewall, antivirus and identity protection desktop software, to adapt TCD concepts and to provide a secure distribution process for delivering antivirus software and updates over the Internet. "We are excited to incorporate VeriSign security with our world-class antivirus software," said John Sharp, president and CEO of Authentium. "The recent compromise at Kapersky Labs, in which subscribers were potentially duped into accepting fake updates which contained the Bridex Worm, demonstrates the critical importance of this enhanced approach to update security." "Authentium has shown true technological leadership and insight in their approach to the problem of update security," said Ben Golub, senior vice president of VeriSign Trust and Payment Services. "We look forward to working together and creating the best possible security solutions for delivering software programs and updates. About Authentium and Command Software Authentium, Inc. is a privately held San Diego based company, which offers software-based authentication platforms to support user security and risk management. Command Software Systems of Jupiter, FL is a wholly-owned subsidiary of Authentium, which has offered security software since 1984, and antivirus software since 1992. Authentium, founded in 2000, employs more than 70 people worldwide, and its customer base includes Internet Service Providers and numerous Fortune 1000 companies, as well as many government agencies and educational institutions. For more information see www.authentium.com and www.commandsoftware.com. About VeriSign, Inc. VeriSign, Inc. is the leading provider of digital trust services that enable everyone, everywhere to engage in commerce and communications with confidence. VeriSign's digital trust services create a trusted environment through four core offerings - Web presence services, security services, payment services, and telecommunications services - powered by a global infrastructure that manages more than six billion network connections and transactions a day. 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: VeriSign's limited operating history under its current business structure; the risk that VeriSign and its acquired businesses will not be integrated successfully and unanticipated costs of such integration; uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results; failure of the combined company to retain and hire key executives, technical personnel and other employees; failure of the combined company to manage its growth and the difficulty of successfully managing a larger, more geographically dispersed organization; failure of the combined company to successfully manage relationships with customers, suppliers and strategic customers; network outages, network capacity constraints or security breaches; failure of the combined company's customers to accept new services or to continue using the products and services of the combined company; and competition in the various markets serviced by the combined company. 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, especially in the company's Annual Report on Form 10-K for the year ended December 31, 2001 and its Quarterly Report on Form 10-Q for the period ending September 30, 2002. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release. VeriSign is a registered trademark of VeriSign, Inc. Other names may be trademarks of their respective owners. Contact: Patrick Burns 703-948-4471 [email protected]
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