Two research teams each awarded $200,000 to conduct research aimed at strengthening Internet infrastructure(Marketwire) -
RESTON, VA July 2, 2012 Today, VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, announced the winners of its 2012 Internet Infrastructure Grants. The two winning proposals, selected from a pool of 24 submissions from researchers around the world, will each receive a $200,000 grant to advance research projects addressing Internet infrastructure and access challenges faced by users in the developing world and elsewhere.
The 2012 Verisign Internet Infrastructure Grants awardees are Z. Morley Mao from the University of Michigan and Cui Yong from Tsinghua University, China for their proposal titled, Converged, Secure Mobile Communication Support Through Infrastructure-opportunistic, DHT-based Network Services, and Philippe Cudré-Mauroux from the University of Fribourg, Switzerland and Christophe Guéret from VU University Amsterdam, The Netherlands for their proposal titled, Downscaling Entity Registries for Poorly-Connected Environments.
"In today's connected digital world, it is imperative that Internet infrastructure and access challenges faced by many areas of the developing world are addressed to help ensure this vital information resource is available to everyone," said Dr. Burt Kaliski Jr., chief technology officer of Verisign. "We are very pleased to be able to support the innovative research being done by this year's Infrastructure Grant winners to help address these challenges."
The selection of these proposals was done by a panel of expert judges who have played leading roles in developing the policies and technology that have supported the Internet's growth. For more information about Verisign's 2012 Internet Infrastructure Grant Program, including information about the judges and judging criteria, visit www.VerisignInc.com/grants.
VeriSign, Inc. (
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 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. 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 increasing competition, pricing pressure from competing services offered at prices below our prices and changes in marketing practices including those of third-party registrars; challenging global economic conditions; challenges to ongoing privatization of Internet administration; the outcome of legal or other challenges resulting from our activities or the activities of registrars or registrants, or litigation generally; new or existing governmental laws and regulations; changes in customer behavior, Internet platforms and web-browsing patterns; the uncertainty of whether Verisign will successfully develop and market new services; the uncertainty of whether our new services will achieve market acceptance or result in any revenues; system interruptions; security breaches; attacks on the Internet by hackers, viruses, or intentional acts of vandalism; the uncertainty of the expense and duration of transition services and requests for indemnification relating to completed divestitures; the uncertainty of whether Project Apollo will achieve its stated objectives; the impact of the introduction of new gTLDs and whether our gTLD applications or the applicants' gTLD applications for which we have contracted to provide back-end registry services will be successful; and the uncertainty of whether the .com Registry Agreement renewal will occur on or before November 30, 2012, if at all. 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, 2011, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Verisign undertakes no obligation to update any of the forward-looking statements after the date of this announcement.
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