Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of IT infrastructure services, today announced that VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, has expanded its Internet infrastructure by deploying additional infrastructure in Terremark´s Madrid facility, the NAP de las Americas Madrid. The deployment is part of VeriSign´s Project Titan initiative to strengthen and secure its global Internet infrastructure.
In addition to its deployment in Spain, VeriSign has previously deployed core Internet infrastructure at the NAP of the Americas in Miami. VeriSign´s infrastructure in the Miami facility includes primary generic Top Level Domain (gTLD) servers for .com and .net.
"The .com and .net infrastructures are continually being fortified and scaled to defend against increasingly sophisticated cyber attacks," said Ken Silva, chief technology officer, VeriSign. "VeriSign is increasing the capacity of its global Internet infrastructure by ten times by the year 2010 and it has become ever more important to proactively expand our infrastructure to areas where Internet users are rapidly expanding."
Traffic volume continues to increase with the emergence of consumer–driven services, the surge in Web–connected wireless devices and the proliferation of technologies and services using the Domain Name System (DNS). VeriSign processes a peak of more than 48 billion DNS queries per day under normal traffic conditions.
VeriSign has benefited from being a part of Terremark´s peering network at the NAP of the Americas that provides connectivity to more than 160 global carrier networks. By joining Terremark´s peering network, the means by which Internet traffic, from e–mail to video, is exchanged between networks, VeriSign has helped deliver faster and more reliable traffic exchange across Terremark´s peering network thereby increasing the "paths" to the Internet for end users.
"We are proud to have VeriSign expand its relationship with us and deploy critical Internet infrastructure in our Madrid facility," said Manuel D. Medina, Terremark´s Chairman and CEO. "As VeriSign increases its daily DNS query capacity from 400 billion queries a day to more than 4 trillion queries a day, we look forward to continuing to play an important role in delivering core Internet infrastructure services."
About Terremark Worldwide, Inc.
Terremark Worldwide (NASDAQ:TMRK) is a leading global provider of IT infrastructure services delivered on the industry´s most robust and advanced technology platform. Leveraging data centers in the United States, Europe and Latin America with access to massive and diverse network connectivity, Terremark delivers government and enterprise customers a comprehensive suite of managed solutions including managed hosting, colocation, disaster recovery, security and cloud computing services. Terremark´s acclaimed Infinistructure TM utility computing architecture has redefined industry standards for scalable and flexible computing infrastructure and its DigitalOps® service platform combines end–to–end systems management workflow with a comprehensive customer portal. More information about Terremark Worldwide can be found at http://www.terremark.com.
Statements contained in this press release may constitute "forward–looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark´s actual results may differ materially from those set forth in the forward–looking statements due to a number of risks, ability to cross–sell across an acquired customer base, ability to increase revenue yields within facilities, ability to refinance existing debt, uncertainties and other factors, as discussed in Terremark´s filings with the SEC. These factors include, without limitation, Terremark´s ability to obtain funding for its business plans, uncertainty in the demand for Terremark´s services or products and Terremark´s ability to manage its growth, the successful integration of operations of acquired companies. Terremark does not assume any obligation to update these forward–looking statements.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at www.verisign.com.
Trademarks
VeriSign, and other trademarks, service marks, and logos are registered or unregistered trademarks of VeriSign and its subsidiaries in the United States and in foreign countries.
Copyright © 2008 VeriSign, Inc. All rights reserved.
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, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the risk that VeriSign´s announced expansions in capacity, including the expansion described herein, may not result in additional products, services, customers, profits or revenues; the uncertainty of whether Project Titan will achieve its stated objectives; and increased competition. 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, 2007 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.
