VeriSign Appoints W.G. Champion Mitchell as Executive Vice President and General Manager of Mass Markets Division
Management Veteran has Proven Track Record Delivering Technology Products and Services to Businesses and Consumers
Mountain View, CA, August 1, 2001 - VeriSign, Inc. (Nasdaq: VRSN), the leading provider of Internet trust services, today announced it has appointed W.G. Champion Mitchell as executive vice president and general manager of the Mass Markets Division.
Mitchell, formerly the chairman of the board and CEO for Convergence Equipment Company and Global Exchange Carrier Company, joins VeriSign to extend the company’s leadership in delivering products and services to small and medium enterprises as well as to consumers looking to build a secure presence on the Internet.
Mitchell will oversee the Mass Markets Division, based in Northern Virginia, that includes domain name registration services, web server certificate services, country code and secondary market domain name registration services and value-added services unit. He will also oversee the B2C payment services and applied trust services units.
"What attracted VeriSign to Champ was his experience, his passion to deliver Internet-based products and services to businesses and consumers and his drive to be an innovation leader," said Stratton Sclavos, president and CEO of VeriSign. "Champ`s background as a CEO, corporate consultant and member of federal policy boards will serve VeriSign well as we work towards our goal of creating a trusted digital environment where everyone, whether a business or consumer, can use the Internet to its fullest potential."
"It’s not everyday that you can step into a company that will shape the future of the Internet and that is why I am delighted to join VeriSign," said Mitchell. "For businesses and consumers, the first step in leveraging the Internet is establishing a secure web identity and presence, and I look forward to using my background to make that experience positive and fruitful from the first day they select a domain name and then as they expand their Internet use and presence."
Besides his leadership of Convergence and Global Exchange, Mitchell serves on the board of directors of a group of emerging technology companies. He has also served in management or advisory capacities for True North Communications, IBM, Grand Bahama International Teleport Ltd and RJR Nabisco. He was also a partner in the law firm of Howrey & Simon. He has served on trade advisory boards under President George Bush and President Bill Clinton.
About VeriSign
VeriSign, Inc. (Nasdaq:VRSN) is the leading provider of trusted infrastructure services to Web sites, enterprises, electronic commerce service providers and individuals. The Company`s domain name, digital certificate and payment services provide the critical web identity, authentication and transaction infrastructure that online businesses require to conduct secure e-commerce and communications. VeriSign`s services are available through its Web site (www.verisign.com) or through its direct sales force and reseller partners around the world.
###
Statements in this announcement other than historical data and information 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, uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results, increased competition, risks associated with the company`s international business 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, especially in the company`s Annual Report on Form 10-K for the year ended December 31, 2000 and quaterly report on Form 10-Q for the quarter ended March 31, 2001. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.
VeriSign is a registered trademark of VeriSign, Inc. Other names may be trademarks of their respective owners.
Contact
Media Relations: Tom Galvin, tgalvin@verisign.com, +1-650/426-5526
Investor Relations: Katie Ochsner, kochsner@verisign.com, 650-426-3512
Back...
