MOUNTAIN VIEW, CA -- 06/11/08 --
Customers of Bayan Telecommunications,
one of the leading telecommunications companies in the Philippines, now
have the ability to send and receive person to person text messages, across
500 operators globally and 2.2 billion subscribers, thanks to the Open
Connectivity SMS (OCSMS) Service offered by the Messaging and Mobile Media
Division of VeriSign® (NASDAQ: VRSN), the leading provider of Internet
infrastructure services for the networked world. Recently, VeriSign's
Messaging and Mobile Media Division was one of the first vendors to
successfully meet the criteria required to offer SMS Hubbing Solutions as
defined by the GSMA, the operator-led trade association representing the
global mobile industry. The GSMA Open Connectivity Programme was
established to facilitate easier and quicker interworking and roaming
between GSM operators.
"At Bayan Telecommunications, our customers always come first and are at
the core of our mission and the way we conduct business," said Marvic H.
Molina, Head of Bayan Telecommunications Global. "With VeriSign Messaging
and Mobile Media, our customers will now have greater reach globally
coupled with superior spam and fraud detection services making their
communications far more seamless and secure and that is most important to
us."
"Subscribers expect to communicate globally, regardless of their location
in the world, the device they are using, or the carrier network," said
Charles Landry, vice president, global messaging services, VeriSign.
"VeriSign's Open Connectivity platform makes it simple for operators to
meet this customer expectation, by offering global connectivity for their
subscribers, eliminating the need for carriers to negotiate and manage
multiple contracts and billing relationships. As a leader in the North
America inter-carrier market, we are thrilled to extend our market
leadership into the Philippines, and we are seeing a lot of momentum to
continue to grow worldwide with this service. Since completing its
self-certification with the GSMA in November 2007, VeriSign's Messaging and
Mobile Media Division has launched 30 customers to its OCSMS Gateway
Service," continued Landry.
Developed as part of the GSMA-led Open Connectivity initiative, the
VeriSign OCSMS platform supports both IP and SS7 transport mediums to
provide the flexibility for operators to exchange messages through a single
connection to VeriSign. In addition to message exchange, this service can
provide a majority of the services traditionally performed by the operator
roaming services group, such as termination fee and agreement
establishment, thus helping to reduce operators costs associated with doing
business.
About Bayan Telecommunications
Bayan Telecommunications (Bayan), a member of the Lopez Group of Companies
and one of the top companies in the Philippines in terms of gross revenues,
is a major provider of a wide range of voice and Internet applications to
residential customers nationwide. The company is also a leading provider of
data communications services, such as dedicated domestic and international
leased lines, frame relay and Internet access, to companies in strategic
industries such as banks, manufacturing, business process outsourcing,
among others. More information at www.bayan.com.ph.
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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VeriSign, and other trademarks, service marks, and logos are registered or
unregistered trademarks of VeriSign and its subsidiaries in the United
States and in foreign countries.
Copyright © 2008 VeriSign, Inc. All rights reserved.
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;
potential fluctuations in quarterly operating results due to such factors
as the risk that VeriSign's announcements 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, 2007 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.
