VeriSign Domain Report Shows Internet Growth Remains Strong
VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today released the Domain Report for the second quarter of 2008, highlighting the continued growth of the Internet globally. At the midpoint of 2008, there were 168 million domain name registrations across all of the Top Level Domain Names (TLDs). This represents a four percent increase over the first quarter of 2008 and 22 percent growth over the same quarter last year.
The base of Country Code Top Level Domain Names (ccTLDs) totaled 65 million domain names, a four percent increase quarter over quarter and a 27 percent increase year over year.
The composition of the domain name industry and rank order in terms of base size remained relatively constant with the largest TLDs remaining in the same rank order. The largest TLDs in terms of base size were .com, .de, .cn, .net, .uk, .org, .info, .nl (The Netherlands), .eu (European Union), and .biz.
VeriSign processed peak loads of more than 48 billion Domain Name System (DNS) queries per day in the second quarter of 2008, resulting in millions of Internet users accessing Web sites or sending email. The VeriSign DNS continued to maintain 100 percent uptime during the second quarter of 2008, as it has for the past decade.
"Securing and protecting the integrity of DNS is critical to the stability of the global Internet, and VeriSign is continuing to make investments that improve the scalability and fortification of this critical infrastructure," said Raynor Dahlquist, senior vice president of Naming Services, VeriSign. "VeriSign’s unique capability to operate global networks of this nature at this scale and reliability remains unparalleled."
As the global registry operator for .com and .net, VeriSign reviews the state of the domain name industry through a variety of statistical and analytical research. As a leading provider of digital infrastructure for the Internet, VeriSign provides this briefing to highlight important trends in domain name registration, including key performance indicators, and growth opportunities.
The Domain Name Brief also highlights the impressive growth for domain name registrations internationally, with a special focus on Latin America. The growth in .com and .net domain name registrations in Latin America for the quarter was 31 percent growth, outpacing worldwide growth by 11 percentage points. This growth is reflective of strong Internet indicators related to access, connectivity and usage.
The complete contents of the Q2 VeriSign Domain Name Industry Brief is available at www.verisign.com/domainbrief
VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at www.verisign.com.
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 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 the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSign Domain Name Services and other infrastructure offerings; the possibility that VeriSign’s announced new services may not result in additional customers, profits or revenues; and increased competition and pricing pressures. 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, 2007 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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SOURCE: VeriSign, Inc.