Siemens Business Services Signs Deal to Offer VeriSign Intelligence and Control(SM) Services to Turkish Enterprises

Siemens Business Services Signs Deal to Offer VeriSign Intelligence and Control(SM) Services to Turkish Enterprises

Affiliate Agreement Enables SBS to Become First Reseller of VeriSign Services in Turkey

ISTANBUL, Turkey and MOUNTAIN VIEW, Calif., Jan. 13 /PRNewswire-FirstCall/ -- VeriSign, Inc. (NASDAQ:VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, and Siemens Business Services (SBS) Turkey, today announced they have signed an affiliate agreement that will enable SBS to provide VeriSign Intelligence and Control(SM) Services to enterprises in Turkey. Under terms of the agreement, SBS will become VeriSign's first authorized dealer in that nation.

Through this partnership, SBS will now be able to provide industry-leading security services to Turkish enterprises, which help ensure the accuracy and legitimacy of information transmitted via the Internet. SBS will also offer VeriSign's best of breed services and solutions for enterprises to employ digital certificates and digital signatures.

The deal enables Siemens Business Services to become part of VeriSign's Trust Network (VTN). The VTN consists of Global PKI Affiliates that provide Managed Public Key Infrastructure (MPKI) services for individuals, small and medium businesses, and large enterprises worldwide. These trusted partners offer the advantages of local presence, local language, and products and services tailored to local markets.

"We are proud to have been selected as the first authorized reseller of VeriSign services in Turkey. VeriSign has pioneered the development of security services and solutions, as evidenced with by their industry-leading marketshare of SSL certificates worldwide and the fact they provide 100 percent of Fortune 100 corporations with SSL certificates," Said Mustafa Cagan, General Manager SBS Turkey. "Our vision is to contribute to the transformation of Turkey into an information society. We believe that we can help achieve that goal because our vision in SBS meshes very well with VeriSign."

Through their affiliate agreement with VeriSign, Siemens Business Services, Turkey will be able to provide Turkish enterprises with the strengths and capabilities of the most advanced security solutions available, including:

-- Multiple levels of security, including Network, Application, Messaging, and Commerce security

-- Utilization of the same type of SSL certificates employed by 100 percent of Fortune 100 companies, 93 percent of Fortune 500 companies, and 94 percent of the top-50 worldwide e-commerce sites,

-- PKI compatibility with over 99.98 percent of all web browsers in use today

-- High levels of reliability and security
-- Services available in a managed services model


-- Global experience in project management, consulting, operations, and maintenance/support services

-- Financial reliability and long term application support guaranteed with agreements

-- Practices, Technology, and Infrastructure that is compliant with worldwide digital signature laws

"We are pleased to be working with SBS as our dedicated affiliate serving the Turkish market," said Souheil Badran, vice president, VeriSign EMEA. "The VeriSign affiliate network is of tremendous value to VeriSign. It offers an in-country presence through which we can service enterprise customers, while providing clarity on local regulatory laws and market requirements."

About VeriSign

VeriSign, Inc. delivers intelligent infrastructure services that make the Internet and telecommunications networks more reliable and secure. Every day VeriSign helps thousands of businesses and millions of consumers conduct commerce and communications with confidence. Additional news and information about the company is available at www.verisign.com.

About Siemens Business Services

Siemens Business Services, is among world's top electronic and mobile business solutions and services supplier companies. Active in 44 countries with 35.000 employees, Siemens Business Services, has within the fiscal 2001-2002 years, achieved a turnover of 6.5 billion Euros. Established in 1995, Siemens Business Services showed a stable growth to become leader in Germany in the ICT services market. In Turkey, Siemens Business Services is first in outsourcing services and second in system integration and services. Active in the ICT services market, Siemens Business Services adopted a strategy in 1997 to accelerate the "outsourcing" market in Turkey and was founded as the first "outsourcing" company in Turkey. Today, Siemens Business Services is a service company that is active in the "consulting-design-deployment-operation-maintenance" value chain completely independent of products and brands. Siemens Business Services is an ICT services company carrying out the largest and extensive system integration and outsourcing projects in Turkey, with offices spread out into 13 provinces and nearly 800 employees. For further information on the company please visit www.sbs.com.tr .

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 risk that VeriSign's announced strategic relationships, including the relationship described herein, may not result in additional products, services, 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, 2003 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: VeriSign, Inc.

CONTACT: press, Brendan P. Lewis, +1-650-426-4470, or
brlewis@verisign.com, or investors, Tom McCallum, +1-650-426-3744,
tmccallum@verisign.com, both of VeriSign; or Can Orhun of Siemens Business
Systems, +90-216-459-2620, or can.orhun@sbs.com.tr

Web site: http://www.sbs.com.tr/

Web site: http://www.verisign.com/


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