Covigo Partners with VeriSign to Enable Secure Transactions For Wireless Subscribers; VeriSign's Wireless Developer Program Enables Wireless Ebusiness.

Business Editors/High-Tech Writers

BELMONT, Calif.--(BUSINESS WIRE)--Nov. 7, 2000

Covigo, Inc., a leading global business platform provider of next-generation transactional wireless applications and services to any mobile device, announced a partnership with VeriSign, Inc. (Nasdaq:VRSN) to deliver a range of secure wireless transaction services ranging from authentication services to secure payment services using VeriSign's Wireless Trust Services platform. Covigo is the most recent partner of VeriSign's Wireless Developer Program.

Covigo Mobile Transaction Service(TM) is integrated with VeriSign's Wireless Trust Services Platform enabling wireless users to verify the identity of ebusiness sites, and for mobile enterprise applications to authenticate the identity of the wireless user. The integration of the two companies' products benefits enterprises by providing a higher degree of protection for exchange of confidential information such as credit card numbers, online forms, and financial data from interception and hacking. This is accomplished through the use of public key infrastructure (PKI) and digital certificate technologies.

"This is an important strategic alliance for Covigo," said Dev Khare, co-founder and Vice President of Business Development. "Our cutting-edge wireless platform enables Covigo's enterprise customers to verify who they are doing business with over wireless by verifying the mobile user's identity. The benefit for businesses and end users is secure and safe mobile applications and transactions."

"Mobile commerce will be the next technology to explode around the globe, and the need for innovative wireless applications is imperative," said Paul Healy, Senior Director of Global Wireless Services for VeriSign. "Successful and secure mCommerce transactions are the only acceptable standard, and through the integration of VeriSign's proven experience in developing trust services for the Internet with Covigo's Mobile Transaction Service,(TM) we are making it happen."

About VeriSign's Wireless Developer Partner Program

Through its Wireless Developer Partner Program, VeriSign works with leading wireless developers on wireless security issues including:

-- Authentication services

-- Validation services

-- Secure Payment Services

-- Server and client-side certificates

-- Certificate Policies

VeriSign and its partners also work with the WAP (wireless application protocol) Forum and Radicchio, the global industry consortium that promotes security for wireless e-commerce. More information about the program as well as details on becoming a VeriSign Wireless Developer Program partner can be found on VeriSign's Web site at www.verisign.com/wireless developer.

About Covigo

Covigo assembles, hosts and manages transactional and complete mobile applications and services for businesses. The company addresses the need for rapid deployment of services, seamless access over multiple device types and language formats, and optimization of the mobile user experience. The Covigo solution is powered by a unique modular architecture that delivers high-impact functionality on demand and quickly incorporates best-in-class web technology. This enables companies to activate their mobile channels faster, deliver value immediately and be immune to technology changes. Covigo's world headquarters are in Belmont, Calif., with European offices in London. Venture funded by Norwest Venture Partners and Nokia Venture Partners, the company can be reached at 650/632-4000. For more information, visit www.covigo.com.

About VeriSign

VeriSign, Inc. (Nasdaq:VRSN) is the leading provider of trusted infrastructure services to Web sites, enterprises, electronic commerce service providers and individuals. The company's domain name, digital certificate and payment services provide the critical Web identity, authentication and transaction infrastructure that online businesses require to conduct secure e-commerce and communications. VeriSign's services are available through its Web sites (www.verisign.com and www. netsol.com) or through its direct sales force and reseller partners around the world.

Statements in this announcement other than historical data and information constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in VeriSign's stock price, customer acceptance of new products and services offered by the company uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. 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, especially in the company's Registration Statement on Form S-4 filed on April 12, 2000, as amended, Annual Report on Form 10-K for the year ended December 31, 1999 and Quarterly Report on Form 10-Q for the period ended June 30, 2000.

Note to Editors: VeriSign is a registered trademark of VeriSign, Inc. All other trade names mentioned are trademarks or registered trademarks of their respective companies.