VeriSign to Host EPC Developers Conference at RFID Journal LIVE!
Forum Brings Together Leading Software Developers and Supply Chain Executives Creating Real-world Applications for RFID-Generated Supply Chain Data
MOUNTAIN VIEW, CA., February 23, 2005 - VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced it will be hosting the first ever EPC Developers Conference, www.EPCDevCon.com, in conjunction with RFID Journal LIVE! on April 10, 2005 in Chicago.
The event represents a first-time gathering of software developers and supply chain executives specifically focused on design and creation of practical solutions that leverage RFID-generated information from across the global supply chain. Most of the worlds largest manufacturers have focused efforts on complying with industry mandates, and are faced with the challenge of moving volumes of data online, tracking inventories and getting return on their investments in RFID infrastructure. Developing applications that help create enhanced visibility into the supply chain are crucial to this pursuit.
Were pleased to have the EPC Developers Conference as part of our overall agenda for RFID Journal LIVE! said Mark Roberti, founder and editor of RFID Journal. The application space will be critical for end users to reap the rewards of their work around RFID, and early development efforts in this area will speed that time for return.
Keynoting EPC DevCon will be Tom Kelley, general manager of IDEO, the worlds leading design consultancy specializing in innovation and product development. IDEOs work ranges from design of the Treo 180 handheld communications device to the TiVo remote control to TaylorMade golf clubs. Tom will share his unique insight into driving innovation into the product development process.
Also speaking at the EPC Developers Conference will be leading thinkers and practitioners around RFID and EPC, including Sean Campbell, IBM; Ann Grackin, ChainLink Research; Bernie Hogan, Uniform Code Council; Michael Mealling, Refactored Networks; John Radko, GXS; Mark Roberti, RFID Journal; Sanjay Sarma, OATsystems; Puneet Sawhney, CHEP; Ken Traub, ConnecTerra; Jeff Wells, Franwell and others.
Currently, companies spend billions of dollars each year correcting out-of-stocked inventories, incorrect shipments, counterfeited goods, and trying to locate lost inventories. Developing applications that can help them bring about the promise of RFID and reduce these skyrocketing costs are top priorities. With manufacturing and distribution processes often located in different parts of the world, todays supply chain challenges require cooperation between multiple partners and teamwork among all RFID solution providers. VeriSigns EPC Developers Conference brings these groups together to discuss these multi-billion dollar industry challenges and create solutions.
About VeriSign
VeriSign, Inc. (Nasdaq: VRSN) operates intelligent infrastructure services that enable businesses and individuals to find, connect, secure, and transact across todays complex global networks. Additional news and information about the company is available at www.verisign.com.
For more information, contact:
VeriSign Media Relations: Patrick Burns, pburns@verisign.com, 703-948-4471
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com, 650-426-3744
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 VeriSigns actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, (1) the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to any strategic relationships, including the announcement described herein, may not result in additional products, services, customers, profits or revenues; (2) VeriSign inability to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSigns RFID offerings; and (3) increased competition and pricing pressures. More information about potential factors that could affect the companys business and financial results is included in VeriSigns filings with the Securities and Exchange Commission, including in the companys Annual Report on Form 10-K for the year ended December 31, 2003 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.
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