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VeriSign to Enable the Mobile Media Experience for BT Fusion6 April 2006
VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced it is providing mobile content services for BT Fusion -- the world's first seamless fixed and mobile phone service. The services, including a mobile media portal and customized handset client, will be developed for the new generation of Wi-Fi enabled handsets due to launch on the BT Fusion service later this year. They will feature a wide variety of new content such as branded Java games, video downloads and ringtones. Other features include personalized content that enables information to be displayed by consumer interests or purchase behaviors, as well as online access to BT's residential and business directory service. BT and VeriSign will be exploring development of future applications and services that complement BT Fusion's strengths. Steven Evans, CEO for BT's Converged Mobility, said: "BT is committed to giving its customers access to rich high-speed content over its Fusion service and this deal ensures that we will deliver high-value mobile content and applications. We chose to work with VeriSign because we believe they are a leader in their sector both for sourcing rich content and delivering it with the reliability and security we need over their platforms." "BT is VeriSign's first fixed mobile customer and we are thrilled to be helping it deliver premium mobile content that people can use to personalize their wireless life," said Vernon Irvin, executive vice president and general manager, VeriSign Communications Services. BT Fusion allows consumers and business users to communicate in ways they never have before. It works like a mobile phone but switches automatically and seamlessly onto a BT Broadband line when callers are home, providing mobile phone convenience and features with fixed line prices and quality. VeriSign's mobile media enablement services add value to the network by on-boarding, managing and distributing digital goods, services, and applications that engage and entertain mobile subscribers across the globe. Companies that leverage VeriSign's intelligent infrastructure accelerate their ability to launch new services, generate new revenues, and deliver exciting, high-quality experiences to their customers. 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. About BT BT is one of the world's leading providers of communications solutions and services operating in more than 160 Countries. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale. In the year ended 31 March 2005, BT Group's revenue was pounds sterling 18,623 million with profit before taxation of pounds sterling 2,354 million. British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York. For more information, visit http://www.bt.com/aboutbt. Trademarks VeriSign and other trademarks, service marks, and logos are registered or unregistered trademarks of VeriSign and its subsidiaries in the United States and in foreign countries. Forward Looking Statements 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 uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services; the possibility that VeriSign's announced new services may not result in additional customers, profits or revenues; and 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, 2005 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: prnewswire
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