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ICANN Board Approves Renewal of .COM Registry Agreement

VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today announced that the Board of Directors of the Internet Corporation for Assigned Names and Numbers (ICANN) approved at a meeting on June 23, 2012 the renewal of Verisign's agreement to serve as the authoritative registry operator for the .com registry for the term commencing on December 1, 2012 through November 30, 2018. The Verisign Board of Directors approved the renewal of the .com registry agreement on June 16, 2012.

The U.S. Department of Commerce (the Department) will now undertake a review of the renewal of the .com registry agreement under the terms of the Cooperative Agreement between the Department and Verisign.

"ICANN's registry agreements impose strict performance obligations on registry operators, and in return, provide renewal rights. This encourages long-term investment in security and stability," said Jim Bidzos, chairman and chief executive officer for Verisign. "Verisign has met the demanding performance requirements in the operation of .com, and has also invested in security and reliability enhancements such as DNSSEC and IPv6 support."

Verisign

About Verisign – Verisign, a global provider of domain name registry services and internet infrastructure, enables internet navigation for many of the world's most recognized domain names. Verisign enables the security, stability, and resiliency of key internet infrastructure and services, including providing root zone maintainer services, operating two of the 13 global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce. To learn more about what it means to be Powered by Verisign, please visit Verisign.comVisit Page

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