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VeriSign Announces Increase in .com/.net Domain Name Fees
MOUNTAIN VIEW, CA -- (Marketwire) -- December 17, 2009 -- VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today announced, effective July 1, 2010, an increase in registry domain name fees for .com and .net, per its agreements with ICANN.

VeriSign announced that as of July 1, 2010, the registry fee for .com domain names will increase from $6.86 to $7.34 and that the registry fee for .net domain names will increase, from $4.23 to $4.65.

As the economy and society becomes increasingly dependent on digital technology, it is imperative that investment in the underlying infrastructure, including .com and .net, continue to keep pace with the robust growth of the Internet and ensure its continued security and reliability. Over the last decade, the volume of Internet traffic and domain name system (DNS) queries on VeriSign's global infrastructure has increased from an average of approximately 2 billion queries per day in the year 2000 to more than 50 billion queries per day today while maintaining 100 percent operational accuracy and stability for the last eleven years.

Over the next decade, VeriSign will continue investment to build out the .com and .net infrastructures to manage the increasing demands on the infrastructure brought on by the proliferation of Internet-enabled phones and devices and the emergence of DNS-centric technologies and services. VeriSign also continues to scale and fortify the .com and .net infrastructures globally to defend against increasingly sophisticated cyber attacks.