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-- 02/08/08 -- VeriSign
PILE SEE, LOS ANGELES -- (MARKET WIRE) -- 02/08/08 -- VeriSign, Inc. (NASDAQ: VRSN) todayannounced it's got came into directly into a great quicker discuss repurchase arrangement torepurchase $600 thousand regarding the frequent explains to you and also declared a great purpose torepurchase around yet another $200 thousand inside available industry purchases. Beneath the arrangement, VeriSign will probably pay $600 thousand with a financialinstitution in trade for many explains to you, that is established, governed by any cover, according to industry rates through the expression with the acceleratedshare repurchase arrangement. The business desires to perform therepurchases inside the next 1 fourth regarding '08, despite the fact that in most circumstancesthe achievement time could be reduced or perhaps lengthy. Concerning VeriSignVeriSign, Inc. (NASDAQ: VRSN) functions world wide web system servicesthat permit and also guard quantities of bad reactions each day around theworld's words, video clip and also info sites. Further media and also informationabout the business can be acquired with internet. verisign. com. CIO, CTO & Designer Sources TrademarksVeriSign as well as other art logos, program signifies, and also art logos are usually listed orunregistered signifies regarding VeriSign, Inc. and its particular subsidiaries inside the UnitedStates and also inside overseas nations around the world. Copyright laws © '08 VeriSign, Inc. Allrights arranged. VRSNFStatements on this headline apart from traditional info and also informationconstitute forward-looking assertions inside that means regarding Part 27A ofthe Sec Work regarding 1933 and also Part 21E with the Sec Swap Actof 1934. These kinds of assertions entail hazards and also concerns which could causeVeriSign's genuine brings about fluctuate materially coming from people explained or perhaps impliedby these kinds of forward-looking assertions. The particular prospective hazards and also uncertaintiesinclude, a few, the particular uncertainness regarding upcoming earnings and also profitabilityand prospective changes inside quarterly running final results as a result of suchfactors since improving opposition and also costs strain coming from competingservices provided by rates under our own rates and also industry approval regarding ourexisting companies; the shortcoming regarding VeriSign to be able to efficiently produce andmarket fresh companies; the particular uncertainness regarding whether or not fresh companies since offered byVeriSign can attain industry approval or perhaps bring about virtually any profits; theuncertainty relating to VeriSign's power to full the particular discuss repurchases; as well as the uncertainness in connection with the sum and also timing regarding upcoming sharerepurchases from the Business. More details concerning prospective aspects thatcould have an effect on you can actually enterprise and also economic final results is roofed inVeriSign's filings with all the Sec and also Swap Percentage, includingthe Firm's Twelve-monthly Record about Kind 10-K for your yr concluded January thirty-one, 2006, Quarterly Accounts about Kind 10-Q and also Existing Accounts about Kind 8-K. VeriSign undertakes simply no duty to be able to up-date some of the forward-lookingstatements following your time with this report. |
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