Saturday, October 25, 2008

VeriSign Partners with Net4 to Deliver Secure E-commerce Solutions

Tagged with: Internet, IP, Net4, SSL, VeriSign
Wednesday, October 22, 2008, 15:14

VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today announced that it has partnered with leading IP communication services and solutions provider Net4 to provide businesses in India with comprehensive secure e-commerce solutions.

Under the terms of the agreement, Net4 will now provide customers across India with all VeriSign Secure Sockets Layer (SSL) solutions, including standard and Extended Validation SSL Certificates. These solutions enable secure e-commerce, communications and interactions for Web sites, intranets and extranets.

As the global leader in Internet trust services, VeriSign (including VeriSign’s subsidiaries, affiliates and resellers) secures over 1 million servers, including over 95 percent of the Fortune 500 companies, over 90 percent of the Internet Retailer 500 and 96 of the world’s 100 largest SSL-using banks.

“Whether businesses accept orders and credit card details online, give business partners access to an extranet or share information with employees on an intranet, they will need to protect these interactions with SSL encryption to protect confidential information and build trust,” said Desi Valli, Executive Director & COO, Net4. “The strength of the VeriSign brand, combined with our dominant market share and expertise in the web services space, will help to drive awareness of this need and increase sales of VeriSign’s SSL solutions in India.”

VeriSign’s SSL solutions complement Net4’s broad range of services, particularly its Web hosting, enterprise messaging, domain name and security services. With 14 offices throughout India and STM8 connectivity to the Internet backbone, Net4 services 600 corporate data centre customers, 2,500 business VoIP customers, 75,000 hosted Web sites, 1 million corporate email accounts and 2.5 lac registered domain names. It has the reach and expertise to successfully extend VeriSign’s SSL business in India.

“We expect to see significant growth in the Indian market over the next few years through our partnership with Net4,” said Shekhar Kirani, vice president for VeriSign India. “We have a partner who shares our security vision and has the capability to deliver to the market.”

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