VRSN: Department of Commerce Approves .Com Agreement

VeriSign, Inc. (NASDAQ: VRSN), the leading provider of intelligent infrastructure for the networked world, today announced that it received notification from the Department of Commerce that it approved the .com agreement submitted by the Internet Corporation for Assigned Names and Numbers (ICANN).

Since 1999, VeriSign has operated the .com registry with 100 percent uptime even as Internet traffic has grown dramatically. Today, VeriSign’s primary computers for .com can handle 10,000 times the DNS query volume they could in 2000.

“The registry operator framework ICANN has adopted and embodied in the .com agreement strengthens the security and stability of the Internet relied on by hundreds of millions of people around the globe,” said Mark McLaughlin, Executive Vice President and General Manager, VeriSign Information Services. “This framework holds operators accountable for their performance, promotes the continued investment of tens of millions of dollars in the infrastructure and provides important safeguards for consumers.”