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VeriSign(R) Extended Validation SSL Lifts the Bottom Line of Online Businesses Around the World

June 19, 2009 by  

Web Hosting ToolsMOUNTAIN VIEW, CA – VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today reported that its VeriSign Extended Validation (EV) Secure Sockets Layer (SSL) Certificates continue to drive growth in revenues and conversion rates for online merchants, even in the face of a global economic downturn.

Today the world has seen more than 13,000 EV SSL Certificates deployed on leading Web sites globally, of which more than 10,000 are provided by VeriSign, according to latest Netcraft results. The trust built with VeriSign EV SSL Certificates translates into measurable benefits, including an increase in sales, a spike in conversions, and a drop in abandoned shopping cart rates.

VeriSign EV SSL Certificates offer a proven safeguard against phishing scams that lure unsuspecting consumers to sites that can appear almost identical to genuine Web pages. Identity thieves use these fraudulent look-alike pages to capture credit card numbers, passwords and other valuable personal information. When visiting sites protected by VeriSign EV SSL, Internet users with compatible high security Internet browsers see a green address bar. The green address bar tells consumers they have reached a Web site whose authenticity has been verified by VeriSign.

Around the world, online merchants report that the reassuring green address bar has helped to improve their business performance in an otherwise difficult business environment.

About VeriSign
VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at www.verisign.com.

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