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WestCom and VeriSign® Announce Strategic Alliance

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WestCom and VeriSign® Announce Strategic Alliance

WestCom Corp. and VeriSign, Inc., today (16 November 2006) announced a strategic alliance agreement to jointly market and deliver a suite of next-generation converged IP services to the global financial community. The Alliance brings together one of the world's largest providers of trader voice services, with the leading global provider of intelligent infrastructure services.

The Alliance enhances WestCom's existing voice and data network by embedding VeriSign's advanced routing and security technologies into the network. The companies will work together to create next-generation solutions supported by the VeriSign Network Routing Directory (NRD) to offer portal-based trader line mobility and other enhanced applications that help meet the demanding standards of the financial services community for secure, real-time communications.

“WestCom has built one of the largest private any-to-any business communities in the world, connecting tens of thousands of traders located in 30 countries,” said Alexander Russo, CEO of WestCom. “Our customers recognize the power and efficiency of converged communications, but impose exacting standards of reliability and security. VeriSign operates one of the world's most trusted, intelligent infrastructures and is, therefore, an ideal partner to deliver advanced IP services to our customers.”

“Financial services firms demand always on communications” said Bill Wolfe, senior vice president, VeriSign Communications Services.  “WestCom has distinguished itself as a leader in this mission-critical space.  Together, we will leverage their experience and understanding of this market segment to help deploy new voice and data services over IP to one of the largest assembled communities of financial services firms in the world.”

The companies will offer a suite of advanced IP Connect services, including off- trading floor and BCP-IP functionality, as well as virtual private line access to Emerging Markets. The companies plan to expand this suite to include IP-PBX integration, secure messaging, content distribution, and desktop video services.

 


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