VeriSign (VRSN)

VeriSign Reports Third Quarter 2006 Results

MOUNTAIN VIEW, CA – October 19, 2006 – VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure for the networked world, today reported its results for the third quarter ended September 30, 2006.

VeriSign reported total revenue of $400 million for the third quarter of 2006, compared with $392 million for the second quarter. VeriSign ended the third quarter with Cash, Cash Equivalents, Restricted Cash and Short-term Investments of $709 million and deferred revenue of $590 million.

“We continue to remain focused on the needs of our global customer base and on the execution of our strategic initiatives,” said Stratton Sclavos, Chairman and Chief Executive Officer of VeriSign. “We achieved a number of key milestones in the third quarter including record levels of business in our core Internet services and the Joint Venture announcement with News Corp to create a vertically oriented mobile entertainment company.”

“The continued momentum in the Internet Services Group and the stabilization of the consumer facing mobile content business drove our solid revenue performance this quarter,” said Dana Evan, Chief Financial Officer of VeriSign. “This performance resulted in record deferred revenue of $590 million.”

VeriSign is not providing detailed GAAP or non-GAAP financials for the quarter ended September 30, 2006 due to the previously announced review and analysis of VeriSign’s historical stock option grants being conducted by an ad hoc group of independent Directors. The independent Directors currently anticipate completing the investigation before the end of the year.

Recently within the Internet Services Group (ISG), VeriSign Security Services (VSS) announced plans with Symantec to jointly provide Symantec’s consumer customer base with new solutions to prevent against identity theft and fraud. Under the terms of the agreement, Symantec will deploy both the VeriSign Identity Protection (VIP) Fraud Detection Service and VIP Authentication Service to secure client login and transaction information on participating VIP websites. VeriSign also completed its acquisition of GeoTrust during the quarter, a leading supplier of SSL and other solutions to secure e-business transactions, for approximately $125 million in cash.

In September, VeriSign Communications Services (VCS) and News Corporation (NYSE: NWS, NWS.A) announced plans to create a joint venture to form the world’s largest provider of mobile entertainment. News Corp. will pay approximately $188 million for a controlling interest in VeriSign’s wholly-owned Jamba subsidiary and will combine it with Fox’s Mobile Entertainment assets. The new company will merge the most technologically advanced platform in the category with market-leading mobile content production and delivery capabilities and will serve 30 territories with a potential reach of more than a billion mobile subscribers. The transaction is expected to close in January 2007, subject to completion of definitive documentation and regulatory approvals and other closing conditions.

VeriSign Reports Second Quarter 2006 Results

MOUNTAIN VIEW, CA – July 20, 2006 – VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today reported its results for the second quarter ended June 30, 2006.

VeriSign reported total revenue of $392 million for the second quarter of 2006. On a GAAP basis, VeriSign reported net income of $350 million for the second quarter of 2006 and earnings per share of $1.42 per fully-diluted share. Net income on a GAAP basis for the second quarter of 2006 included a non-cash stock-based compensation charge of $13.2 million for stock option expensing and tax benefits totaling $327 million.

On a non-GAAP basis, using a 30% effective tax rate on non-GAAP pre-tax income of $84 million, earnings per share for the second quarter was $0.24 per diluted share. These non-GAAP results exclude the following items which are included under GAAP: amortization and impairment of intangible assets, acquired in-process research and development, non-cash stock-based compensation, litigation settlements, restructuring and other charges (reversals), net gain on the sale of investments, and income taxes. A table reconciling the GAAP to non-GAAP net income reported above is appended to this release.

“We are pleased with our execution in the first half of 2006,” said Stratton Sclavos, Chairman and Chief Executive Officer of VeriSign. “As our results indicate, demand for our intelligent infrastructure services continues to grow as our customers accelerate their migration to network-based interactions with their business partners, employees and customers.”

“Our second quarter results reflect solid performance in the core business and higher than forecasted revenue in the mobile content business, leading to strong operating income for the quarter,” said Dana Evan, Chief Financial Officer of VeriSign. “Driven by our recurring revenue model, these results improved our deferred revenue to $560 million and allowed us to deliver solid operating cash flows of over $90 million this quarter.”

During the second quarter within the Internet Services Group (ISG), VeriSign Security Services (VSS) announced that Charles Schwab selected VeriSign to provide a full set of security services for their clients. Under the terms of the agreement, Charles Schwab will deploy both the VeriSign Identity Protection (VIP) Fraud Detection Service and VIP Authentication Service to secure client login and transaction information. VSS also signed a definitive agreement to acquire GeoTrust, a leading supplier of SSL and other solutions to secure e-business transactions, for approximately $125 million in cash. The acquisition is expected to close in the second half of this year subject to regulatory approvals and is expected to be accretive to earnings per share in 2007.

VeriSign Communications Services (VCS) announced a number of significant customer wins in the quarter for its core solutions, including providing iRoam services to Metro PCS, network connectivity and database services to US LEC and SMS alerts for eBay and Oracle users. As part of VCS’s strategy to expand internationally, VCS signed an agreement to jointly market advance services with IDT Telecom to emerging international markets. In addition, VCS has signed a multi-year deal with SK

Telecom to provide a variety of services including Signaling System 7 (SS7) network connectivity. VCS also completed the acquisition of m-Qube, a leading mobile channel enabler, for $266 million in cash during the quarter.

As previously disclosed on June 27, 2006, VeriSign’s Board of Directors has commenced an internal review and analysis of VeriSign’s historical stock option grants. This internal review is currently in progress. The Board of Directors is being assisted in its review by independent legal counsel. Facts may come to light once the review is completed that may require us to change our accounting treatment of stock options granted in prior periods which may have a material adverse effect on our results of operations for those periods or other periods.

VeriSign Reports First Quarter 2006 Results

MOUNTAIN VIEW, CA – April 20, 2006 – VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today reported its results for the first quarter ended March 31, 2006.

VeriSign reported total revenue of $374 million for the first quarter of 2006. On a GAAP basis, VeriSign reported net income of $16 million for the first quarter of 2006 and earnings per share of $0.06 per fully-diluted share. Net income on a GAAP basis for the first quarter of 2006 included a non-cash stock-based compensation charge of $15 million, relating to the implementation of the accounting pronouncements around stock option expensing.

On a non-GAAP basis, using a 30% effective tax rate on non-GAAP pre-tax income of $84 million, earnings per share for the first quarter was $0.24 per diluted share. These non-GAAP results exclude the following items which are included under GAAP: amortization and impairment of intangible assets, acquired in-process research and development, stock-based compensation, litigation settlements, restructuring and other charges, and the net gain on the sale of investments. A table reconciling the GAAP to non-GAAP net income reported above is appended to this release.

“Our financial and business results for the first quarter met our forecast and provide a solid start to the year,” said Stratton Sclavos, Chairman and Chief Executive Officer of VeriSign. “We also continued to execute on our strategic plan in Q1 as we expanded our intelligent infrastructure portfolio through both internal development and key acquisitions in the security, content and messaging areas.”

“We were pleased with our ability to achieve our operational plan in Q1 while still making strategic investments in future growth opportunities within each of VeriSign’s business units” said Dana Evan, Chief Financial Officer of VeriSign. “Particularly strong performance in the VeriSign Information Services business added significant deferred revenues to our balance sheet and allowed us to generate cash flow from operations of over $90 million for the quarter.”

During the first quarter within the Internet Services Group (ISG), VeriSign Security Services (VSS) launched VeriSign Identity Protection (VIP), a comprehensive network-based service to protect consumer identities online. VIP is supported by several leading e-commerce companies, including PayPal, eBay and Yahoo!. Device manufacturer, SanDisk has also announced plans to support VIP in its storage devices. VSS also acquired Snapcentric, a provider of online fraud detection solutions, for $12 million during the quarter. Snapcentric’s advanced anomaly detection technology is a key addition to VeriSign’s suite of authentication solutions. Also within the ISG business segment, VeriSign Information Services (VIS) received approval of the .com registry agreement from ICANN which is subject to final review and approval by the U.S. Department of Commerce.

VeriSign Communications Services (VCS) continued to expand its mobile content platform in Q1 with the acquisition of 3united, a leading wireless application service provider, for $70 million and the execution of a definitive agreement to acquire m-Qube, a leading mobile channel enabler, for $250 million. Subject to regulatory approvals, the m-Qube transaction is expected to close in the second

quarter. VCS also entered the broadband content market with the acquisition of Kontiki for $58 million. The Kontiki technology will become the cornerstone of the Broadband Content Services platform to enable the delivery of rich media over broadband networks. These investments extend VCS’s services to enable carriers, Internet portals, media companies, and consumer brands to deliver entertainment and information to any device, anytime, anywhere.