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Brower Piven Encourages Investors Who Have Losses in Excess of $500,000 From Investment in VeriSign, Inc. to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before the March 18, 2013 Lead P

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Thu Jan 17, 2013 4:00pm EST

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130117:nGNXUWZGBa

STEVENSON, Md., Jan. 17, 2013 (GLOBE NEWSWIRE) -- Brower Piven, A Professional Corporation
announces that a class action lawsuit has been commenced in the United States District Court for
the Eastern District of Virginia on behalf of purchasers of VeriSign, Inc. ("VeriSign" or the
"Company") (Nasdaq:VRSN) common stock during the period between June 25, 2012 and October 25,
2012, inclusive (the "Class Period").

If you have suffered a net loss from investment in VeriSign, Inc. common stock purchased on or
after June 25, 2012, and held through October 25, 2012, you may obtain additional information
about this lawsuit and your ability to become a lead plaintiff by contacting Brower Piven at
www.browerpiven.com
http://www.globenewswire.com/newsroom/ctr?d=10018504&l=2&a=www.browerpiven.com&u=http%3A%2F%2Fwww.browerpiven.com%2F
, by email at hoffman@browerpiven.com
http://www.globenewswire.com/newsroom/ctr?d=10018504&l=2&a=hoffman%40browerpiven.com&u=mailto%3Ahoffman%40browerpiven.com
, by calling 410/415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road,
Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating
securities and class action cases of over 60 years.

No class has yet been certified in the above action. Members of the Class will be represented by
the lead plaintiff and counsel chosen by the lead plaintiff. If you wish to choose counsel to
represent you and the Class, you must apply to be appointed lead plaintiff no later than March 18,
2013 and be selected by the Court. The lead plaintiff will direct the litigation and participate
in important decisions including whether to accept a settlement and how much of a settlement to
accept for the Class in the action. The lead plaintiff will be selected from among applicants
claiming the largest loss from investment in the Company during the Class Period. You are not
required to have sold your shares to seek damages or to serve as a Lead Plaintiff.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by
virtue of the defendants' failure to disclose during the Class Period that challenges to the
Company's registry pricing scheme made it more likely than not that the U.S. Department of
Commerce and the U.S. Department of Justice would demand price concessions from VeriSign in
exchange for leaving the Company in charge of operating the .com and .net networks; that the
Company's growth in domain name registrations was in decline; that the Company was relying heavily
on revenues from "parking" websites and other dubious websites, instead of providing cogent
business leads; that owners of subpar domain names had stopped renewing their agreements with
VeriSign as a result of the Internet search engines' modified algorithms assigning lower rankings
to subpar-quality websites; and that the Company's fiscal year 2012 earnings guidance was
unattainable. According to the Complaint, following VeriSign's October 25, 2012 press release that
disclosed that the Company's third-quarter 2012 financial results had been adversely impacted by
the search engines' efforts to stymie unseemly business practices, that the Department of Justice
was reviewing the Company's domain name pricing arrangements, and that it was doubtful that the
review would be completed soon enough to allow the Department of Commerce to renew its contract
before it expired, and that the Company was lowering its fiscal year 2012 revenue outlook, the
value of VeriSign shares declined significantly.

If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost
to you, or you may retain other counsel of your choice. You need take no action at this time to be
a member of the class.

CONTACT: Charles J. Piven
         Brower Piven, A Professional Corporation
         Stevenson, Maryland
         410/415-6616
         hoffman@browerpiven.com

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