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IBM and VeriSign Forge Global Internet Security Alliance

Companies to share technologies and deliver trusted e-business services

Armonk, N.Y. & Mountain View, CA - 22 Jan 2002: IBM and VeriSign, Inc, today announced the signing of a technology, services and marketing agreement designed to help ensure trusted commerce and communications over the Internet. Under terms of the multi-year agreement, the two companies will endeavor to integrate key products and market new and enhanced security services to enterprise customers.

VeriSign is the world's leading provider of digital trust services that enable enterprises to authenticate users, authorize what they are allowed to do and secure Web-based and other digital transactions. IBM is the world's leading infrastructure and technology provider. Today's announcement provides a roadmap for the future of e-business on the Internet, signaling a collaboration between IBM and VeriSign on Internet technology, infrastructure and security.

As part of the multi-year agreement, the two companies will:

"As businesses increasingly use the Internet for e-business, consumers are beginning to look for the digital 'signposts' that ensure trusted commerce and communications," said Stratton Sclavos, president and CEO of VeriSign. "Our alliance with IBM reflects the importance that companies are placing on generating cost advantages and revenue opportunities by doing business in a trusted digital environment."

"IBM's alliance with VeriSign marks a turning point in the delivery of technology over the Web," said Rusine Mitchell-Sinclair, general manager, Safety and Security Services, IBM. "Our alliance will present customers with an unprecedented combination of infrastructure services and security
solutions to securely transact e-business. The scope and breadth of our alliance with VeriSign underscores our commitment to provide an open Internet infrastructure that enables e-business to be transacted ever more securely and reliably."

The new relationship between IBM and VeriSign aims to provide customers with a powerful combination of computer security technology, software and services in options ranging from stand-alone software to managed software services delivered as a utility service over the Internet. Combining VeriSign's secure infrastructure capabilities and authentication services with IBM's security products will also provide an industry-leading outsourced solution for organizations wishing to leverage identity, authentication and authorization services.

Today's announcement will enable IBM to add VeriSign's security-related services to the portfolio of information technology services it currently offers to customers. Similarly, the announcement enables VeriSign to significantly expand availability of its VeriSign managed PKI services to a broader range of customers and furthers its mission of enabling everyone, everywhere to engage in digital commerce and communications with confidence.

Contact(s) information

Clint Roswell
IBM Media Relations
914-766-4776
roswellc@us.ibm.com

Dave Berkowitz
VeriSign Media Relations
650-426-4470
dberkowitz@verisign.com

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