-Caveat Lector- ------- Start of forwarded message ------- From: Declan McCullagh <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] Cc: [EMAIL PROTECTED] Subject: Fwd: FC: Verisign cashes in by selling wiretap outsourcing Date: 10/8/02 12:10:53 AM
[CALEA, aka Digital Telephony, is a federal law that, generally speaking, requires telecommunications firms to rewire their networks to ensure ready snoopability by police. --Declan] --- http://finance.lycos.com/home/news/print_story.asp?story=28919712 VeriSign Signs Arrival, Cellular Mobile Systems, and First Cellular For NetDiscovery Services 2 Oct 2002, 08:01am ET /FROM PR NEWSWIRE SAN FRANCISCO 415-543-7800/ [STK] VRSN [IN] TLS NET CPR [SU] CON TO BUSINESS AND TECHNOLOGY EDITORS: VeriSign Signs Arrival, Cellular Mobile Systems, and First Cellular For NetDiscovery Services Trusted Nationwide Infrastructure Supports Turnkey Solution Enabling All Types Of Carriers to Comply with CALEA Easily at Low Cost MOUNTAIN VIEW, Calif., Oct. 2 /PRNewswire-FirstCall/ -- VeriSign, Inc. (NASDAQ:VRSN), the leading provider of digital trust services, announced today that three new contracts have been executed for their NetDiscovery(TM) Services, the most complete outsourced solution available for compliance with the Communications Assistance for Law Enforcement Act (CALEA). Arrival Communications, a competitive local exchange carrier (CLEC) that provides voice and data services to underserved cities throughout California, and regional wireless carriers Cellular Mobile Systems of St. Cloud and First Cellular of Southern Illinois, have deployed VeriSign's NetDiscovery Services as a cost-efficient means of meeting their obligations under CALEA, the congressional mandate requiring carriers to support law enforcement agencies in conducting lawfully authorized intercepts of communications content and call data. VeriSign's trusted network infrastructure, secure data centers and security bureau personnel uniquely position the company to serve the CALEA, subpoena, and judicial order compliance needs of all types of telecommunications carriers and information service providers as well as law enforcement agencies. "VeriSign NetDiscovery Services offer us a streamlined, affordable solution for provisioning, access, and delivery of call information to law enforcement agencies (LEAs)," said Tony DiStefano, CEO of Arrival Communications. "CALEA compliance can be simply cost-prohibitive for smaller wireless carriers because we are required to maintain the same level of capabilities as our much larger competitors but we have far fewer subscribers to spread the cost over," said Terry Addington, the President and CEO of First Cellular of Southern Illinois. "In our 10 years of service we never had an intercept request. To spend hundreds of thousands of dollars for a solution at our size just didn't make sense. For us, the VeriSign NetDiscovery service bureau is the perfect solution to meeting our preparedness obligation." In addition to the potentially high cost of network upgrades, non- compliant carriers could face a fine of $10,000 per day for each intercept request from law enforcement agencies. "VeriSign's NetDiscovery is a valuable solution to help carriers comply with CALEA, in particular relieving us of the administrative headaches involved with administering the legal orders, so we can focus on other, revenue generating services," said Sandy Bromenschenkel of Cellular Mobile Systems. "VeriSign's nationwide network infrastructure, digital certificate/PKI technology and secure data centers enable us to provide a service bureau solution that saves carriers the burden of significant capital and operating expenses," said Raj Puri, VP - NetDiscovery Services for VeriSign Telecommunication Services. "In addition, VeriSign's trusted solution advances public networking by maintaining streamlined connections for multiple carriers and switches." VeriSign's NetDiscovery solution manages the call content and call data intercept, provisions the intercept event, converts calls and call data into a required legal standard format, and delivers the call data and call content directly to the law enforcement monitoring facilities using highly secure IP- VPN technologies. About Arrival Communications Arrival Communications is a competitive local exchange carrier (CLEC), providing voice and data services to underserved cities throughout California. The company offers a full suite of business products including, SDSL and T1 broadband Internet access and local, centrex, long-distance, toll free, voice mail, and teleconferencing voice services. Founded by a group of individuals with extensive experience in the telecommunications industry, the privately held company based in Bakersfield, California utilizes a highly trained, direct sales force to proactively design cost-effective voice and data solutions for small to medium sized companies. Voice over DSL and other advanced technologies allow Arrival to deliver business telecommunications services at costs well below the traditional telephone company. For more information, visit www.arrival.com. About VeriSign VeriSign, Inc. is the leading provider of digital trust services that enable everyone, everywhere to engage in commerce and communications with confidence. VeriSign's digital trust services create a trusted environment through four core offerings -- Web presence services, security services, payment services, and telecommunication services -- powered by a global infrastructure that manages more than seven billion network connections and transactions a day. Additional news and information about the company is available at www.verisign.com. Contacts Media Relations: Penny Thomas, [EMAIL PROTECTED], 360-493-6724 Investor Relations: Steven Gatoff, [EMAIL PROTECTED], 650-426-4560 Statements in this announcement other than historical data and information, including but not limited to, statements regarding benefits of VeriSign's restructuring and new service offerings, 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, VeriSign's limited operating history under its current business structure, the risk that businesses of previously-acquired companies as well as other businesses will not be integrated successfully and unanticipated costs of such integration; uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results; the ability of VeriSign to successfully develop and market new services and customer acceptance of any new services; the risk that VeriSign's announced strategic relationships may not result in additional products, services, customers and revenues; increased competition and pricing pressures; risk that the company may not be able to achieve anticipated cost savings from the restructuring; and risks related to potential security breaches. 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, 2001 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. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X59942075 SOURCE VeriSign, Inc. -0- 10/02/2002 /CONTACT: media, Penny Thomas, +1-360-493-6724, or [EMAIL PROTECTED], or investors, Steven Gatoff, +1-650-426-4560, or [EMAIL PROTECTED], both of VeriSign, Inc./ /Web site: http://www.verisign.com/ ------------------------------------------------------------------------- POLITECH -- Declan McCullagh's politics and technology mailing list You may redistribute this message freely if you include this notice. 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