VeriSign (VRSN)

Communications Services Group

Revenues from Communications Services business are comprised of connectivity and interoperability services, intelligent database services, content services, messaging services, clearing and settlement services, and billing and OSS services.

Communications Services Group

Communications Services Group

Communications Services Group revenues decreased approximately $64.1 million and $162.1 million for the three and nine months ended September 30, 2007, respectively, as compared to the same periods last year. Revenues from our business-to-consumer content services decreased $71.1 million and $193.4 million for the three and nine months ended September 30, 2007, respectively, as compared to the same periods last year. The decline is primarily related to the joint ventures with Fox and the related deconsolidation of Jamba in January 2007.

Communication and Commerce services revenues, which include our network services, intelligent database services, billing and payments services and clearing and settlement services, decreased approximately $7.5 million and $36.4 million, for the three and nine months ended September 30, 2007, respectively, as compared to the same periods last year. Network services revenues decreased due to increased customer direct connects and pricing pressures. Commerce revenues decreased due to key customer losses for the prepaid and clearing businesses. These declines were partially offset by increases in revenues from digital content services, which includes messaging services and mobile content delivery services, of $3.6 million and $29.4 million, for the three and nine months ended September 30, 2007, respectively, as compared to the same periods last year. These increases were primarily the result of our business acquisitions in the second quarter of 2006 and an increase in the volume of our premium short messaging and multimedia mobile messaging services. Professional consulting revenues for our communication services increased approximately $10.9 million and $38.3 million for the three and nine months ended September 30, 2007, respectively, as compared to the same periods last year, as a result of the acquisition of inCode in November 2006.

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Communications Services Group

Revenues from Communications Services business are comprised of connectivity and interoperability services, intelligent database services, content services, messaging services, clearing and settlement services, and billing and OSS services.

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Communications Services Group

Communications Services Group

Communications Services Group revenues decreased approximately $64.9 million and $98.0 million for the three and six months ended June 30, 2007, respectively, as compared to the same periods last year. Revenues from our Jamba business-to-consumer content services decreased $72.4 million and $122.2 million for the three and six months ended June 30, 2007, respectively, as compared to the same periods last year as a result of the joint ventures with Fox and the related deconsolidation of Jamba in January 2007.

Communication and Commerce services revenues, which include our network services, intelligent database services, billing and payments services and clearing and settlement services, decreased approximately $14.6 million and $29.0 million, for the three and six months ended June 30, 2007, respectively, as compared to the same periods last year. Network services revenues decreased due to increased customer direct connects and pricing pressures. Commerce revenues decreased due to key customer losses for the prepaid and clearing businesses. These declines were partially offset by increases in revenues from digital content services, which includes messaging services and mobile content delivery services, of $8.4 million and

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$25.7 million, for the three and six months ended June 30, 2007, respectively, as compared to the same periods last year. These increases were primarily the result of our business acquisition in the second quarter of 2006 and an increase in the volume of our premium short messaging and multimedia mobile messaging services. Professional consulting revenues for our communication services increased by approximately $13.8 million and $27.4 million, for the three and six months ended June 30, 2007, respectively, as compared to the same periods last year, which was primarily due to the acquisition of inCode in November 2006.

Communications Services Group

Communications Services Group

Communications Services Group revenues decreased approximately $33.1 million for the three months ended March 31, 2007, respectively, as compared to the same period last year. Revenue from our Jamba business-to-consumer content services decreased $46.3 million during the three months ended March 31, 2007, as compared to the same period last year as a result of the joint ventures with Fox and the related deconsolidation of Jamba in our consolidated financial statements during the quarter.

Communication and Commerce services revenues, which include our network services, intelligent database services, billing and payments services and clearing and settlement services, decreased approximately $14.3 million for the three months ended March 31, 2007, as compared to the same period last year. Network services revenues decreased due to customer direct connects and pricing pressures. Intelligent database services revenues decreased due to pricing pressures and customer consolidations, partially offset by an increase of 8% or 1.2 billion in query volumes. Commerce revenues decreased due to key customer losses for the prepaid and clearing businesses. These declines were partially offset by increases in our mobile content and messaging services revenues and broadband content services revenues of $22.8 million as a result of our business acquisitions over the past twelve months and an increase in the volume of short messaging and multimedia mobile messaging services. Professional and consulting services revenues increased by approximately $13.6 million during the three months ended March 31, 2007, due to the acquisition of inCode Telecom Group, Inc. in November 2006.

The following table shows a comparison of the approximate number of quarterly short messages and multimedia mobile messages:

Communications Services Group

Revenues from Communications Services business are comprised of connectivity and interoperability services, intelligent database services, content services, messaging services, clearing and settlement services, and billing and OSS services.

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VERISIGN, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

DECEMBER 31, 2006, 2005 AND 2004

Communications Services Group

Communications Services Group revenues decreased approximately $34.4 million and $154.2 million for the three and nine months ended September 30, 2006, respectively, as compared to the same periods last year. Content services revenue, which includes our mobile messaging, broadband messaging and subscription services, decreased $25.3 million and $151.8, during the three and nine months ended September 30, 2006, respectively, as compared to the same periods last year, primarily due to a decline in our mobile and broadband subscription services. These declines were partially offset by increases in our mobile delivery and broadband content services and an increase in volume of short messaging and multimedia messaging services.

Communication and commerce services revenue, which include our intelligent database products, mobile wireless connection services, billing and payments services and clearing and settlement services, decreased $9.3 million for the three months ended September 30, 2006, but increased $3.5 million for the nine months ended September 30, 2006. The decrease for the three months ended September 30, was primarily due to the consolidation of certain clearing services customers, and reduced pricing on contracts and services and a decrease in transaction volumes.

The following table shows a comparison of the approximate number of quarterly database queries as of September 30, 2006 and 2005:

Communications Services Group

Communications Services Group revenues decreased approximately $74.2 million and $119.7 million for the three and six months ended June 30, 2006, respectively, as compared to the same periods last year, primarily due to a decrease in revenues of $77.3 million and $130.2 million from content services for the respective periods. Commerce revenues, which include our billing and payments services and clearing and settlement services, increased approximately $2.9 million and $6.3 million for the three and six months ended June 30, 2006, compared to the same periods last year, due to carrier subscriber growth partially offset by consolidation of certain clearing services customers and reduced pricing on contracts. Revenues from network services, database products and messaging services increased approximately $0.2 million and $4.2 million for the three and six months ended June 30, 2006, compared to the same periods last year, as a result of an overall increase in transaction volumes offset by lower prices for some services.

The following table shows a comparison of the approximate number of quarterly database queries as of June 30, 2006 and 2005:

Communications Services Group

Communications Services Group

Today’s Conference Call

VeriSign will host a live teleconference call today at 2:00 pm (PST) to review the quarter’s results. The call will be accessible by direct dial at (800) 289-0544 (US) or (913) 981-5533 (international). A listen-only live web cast of the earnings conference call will also be available at http://investor.verisign.com. A replay of this call will be available at (888) 203-1112 (passcode: 2572145) or (719) 457-0820 (passcode: 2572145 - international) beginning at 5:00 pm (PST) on January 31 and will run through February 6. This press release and the financial information discussed on today’s conference call are available on the Investor Relations section of the VeriSign website at http://investor.verisign.com.

Communications Services Group

Communications Services Group

Communications Services Group

Communications Services Group revenues decreased approximately $44.9 million for the three months ended March 31, 2006 as compared to the same period last year, primarily due to a decrease in revenues of $65.5 million from content services. Commerce revenues, which include our billing and payments services and clearing and settlement services, increased approximately $4.7 million for the three months ended March 31, 2006, compared with the same period last year, due to carrier subscriber growth partially offset by consolidation of certain clearing services customers and reduced pricing on contracts. Revenues from network services and database products, increased approximately $15.9 million for the three months ended March 31, 2006, compared with the same period last year, as a result of an overall increase in transaction volumes offset by lower prices for some services.

The following table shows a comparison of the approximate number of quarterly database queries as of March 31, 2006 and 2005:

Compared to the first quarter of 2006, we expect Communication Services Group revenues to remain flat during the second quarter.

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Communications Services Group

Communications Services Group

Revenues from Communications Services business are comprised of network connectivity and interoperability services, intelligent database services, content and application services, clearing and settlement services, and billing and payment services.

Communications Services Group

Communications Services Group

Communications Services Group revenues increased approximately $55.6 million and $357.9 million for the three and nine months ended September 30, 2005, respectively, primarily due to an increase in revenues of $56.3 million and $360.0 million from content services for the respective periods. Commerce revenues, which include our billing and payments services and clearing and settlement services, decreased approximately $2.1 million and $17.4 million for the three and nine months ended September 30, 2005, compared with the same periods last year, due to consolidation of certain billing services customers and reduced pricing on contracts, partially offset by carrier subscriber growth. Communications revenues, which include our network services and data base products, increased approximately $1.4 million and $15.4 million for the three and nine months ended September 30, 2005, compared with the same periods last year, as a result of an increase in transaction volumes offset by lower prices for some services.

The following table shows a comparison of the approximate number of quarterly database queries as of September 30, 2005 and 2004:

Compared to the third quarter of 2005, we expect Communication Services Group revenues to decrease during the fourth quarter primarily due to an anticipated decline in the total number of subscribers in our content business.

Communications Services Group

Communications Services Group

Communications Services Group revenues increased approximately $159.4 million and $302.3 million for the three and six months ended June 30, 2005, respectively, primarily due to an increase in revenues of $160.0 million and $303.7 million from content services for the respective periods. Commerce revenues, which include our billing and payments services and clearing and settlement services, decreased approximately $7.5 million and $15.4 million for the three and six months ended June 30, 2005, compared with the same periods last year, due to consolidation of certain billing services customers and reduced pricing on contracts, partially offset by carrier subscriber growth. Communications revenues, which include our network services and data base products, increased approximately $6.9 million and $14.0 million for the three and six months ended June 30, 2005, compared with the same periods last year, as a result of an increase in transaction volumes offset by lower prices for some services.

The following table shows a comparison of the approximate number of quarterly database queries as of June 30, 2005 and 2004:

Compared to the second quarter of 2005, we expect Communication Services Group revenues to decrease during the third quarter due to seasonality and subscriber churn in our mobile content business.

Communications Services Group

Communications Services Group

Communications Services Group revenues increased approximately $142.9 million during the three months ended March 31, 2005 as compared to the same period last year primarily due to an increase in revenues of $144.8 from content services. Commerce revenues, which include our billing and payments services and clearing and settlement services, decreased approximately $8.1 million due to consolidation of certain billing services customers and reduced pricing in payments partially offset by carrier subscriber growth. Communications revenues, which include our network services and data base products, increased approximately $7.3 million as a result of an increase in transaction volumes offset by lower prices for some services.

The following table shows a comparison of the approximate number of quarterly database queries and communications services customers as of March 31, 2005 and 2004:

We expect Communications Services Group revenues will increase for the remainder of 2005 principally as a result of growth in content and application services revenues.

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Communications Services Group

Communications Services Group

Revenues from our communications service group are comprised of network connectivity and interoperability services, intelligent database services, mobile content and application services, clearing and settlement services, and billing and payment services for wireline and wireless telecommunications carriers, cable companies, enterprise customers, and other users.

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VERISIGN, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

DECEMBER 31, 2004, 2003 AND 2002

Communications Services Group