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VeriSign To Acquire CallVision

VeriSign To Acquire CallVision

Customer Self Care and Consolidated E-Billing and Analysis Services to Complement VeriSign Commerce Suite

MOUNTAIN VIEW, CAJanuary 11, 2006--VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced it has signed a definitive agreement to acquire Seattle-based CallVision, a leading provider of online analysis applications.
The acquisition will enable VeriSign to deliver converged electronic bill presentation, payment and customer self-care applications to mobile operators, Tier 1 carriers, broadband companies and consumer-brand MVNOs worldwide. By adding these applications to the comprehensive VeriSign Commerce Suite, VeriSign can help communications providers further simplify the billing process, improve customer satisfaction, reduce operational costs and mitigate churn.

Debt Help The acquisition of CallVision is a strategic investment that furthers our goal of providing intelligent infrastructure services that enable rich and seamless communications, commerce and content services for carriers, online portals, media companies and consumer brands worldwide, said Vernon Irvin, executive vice president and general manager, VeriSign Communications Services

Debt that is acquired in the joint name of your partner accounts for 28% of all bankruptcies in the UK, according to a new report.

Counseling Debt CallVision clients such as T-Mobile, Bell Canada, TelstraClear and AAPT (Australia) use its applications to transform billing data into vital sources of business intelligence to increase satisfaction and retention. This is done by consolidating billing data from multiple systems, products, geographies, languages and currencies into a single electronic analysis and bill payment view and creating one view of multiple accounts. The company distributes and markets its services through direct sales and channel partners such as global system integrators and major BSS/OSS vendors.

More and more people are getting swallowed up by debt. I'm sure you've read and heard many of the statistics and stories in the news. One of the keys to financial independence is to get rid of your bad debt and acquire good debt. Bad debt is debt that makes you poor, such as credit card debt, car loans, this is consumer debt. Good debt is debt you acquire that actually works for you. The best example of good debt is a mortgage loan on a rental property that throws off positive cash flow every month. Good debt is money that you borrow to purchase assets that put money in your pocket.

Consolidation Consumer Debt By developing highly regarded customer self-care and consolidated e-billing and analysis applications for Tier 1 and global carriers, CallVision has realized solid growth and established itself as a world-class provider of customer-centric solutions. We are pleased to be joining VeriSign to help one of the industrys most trusted brands deliver new services to a broader, diversified audience," said Derek Edwards, CEO of CallVision.

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Debt Settlement The acquisition is being accounted for as a purchase transaction and is valued at $30 million net of acquired cash. Revenue and earnings contributions from the acquisition will not be material to VeriSigns 2006 financial results. The transaction is expected to close in the first quarter of 2006.

- Stop accumulating bad debt. Whatever you purchase via credit cards must be paid off in full at the end of each month. No exceptions Make a list of all your consumer (bad) debts. This includes each credit card, car loans, personal loans, overdraft accounts and any other bad debts you have acquired

Debt Free About VeriSign
VeriSign, Inc. (Nasdaq: VRSN), operates intelligent infrastructure services that enable and protect billions of interactions every day across the worlds voice and data networks. Additional news and information about the company is available at www.verisign.com.

(AXcess News) Reno, VeriSign, Inc. ( VRSN) is buying mobile services billing and delivery company, Qube, in a $250 million deal. The purchase of the mobile services company marks the second acquisition this year in the mobile device arena for VeriSign. VeriSign' Qubetakes advantage of the mobile services provider's cash on hand, combining it with VeriSign's as part of the financing.The deal was booked as a purchase because of it and is expected to close in the second quarter.

Consolidation Debt Service Source: VeriSign

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