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Technology Stocks : VeriSign (VRSN)
VRSN 240.95-1.1%Feb 4 3:59 PM EST

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To: Jean Sutherland who wrote (452)4/12/1999 7:52:00 PM
From: Patriarch  Read Replies (1) of 1285
 
Hi Jean, Hope it's warn up north. Here is the press release regarding VRSN's split. The split price will be based on the closing price on the last day of pre-split shares, the payable date, on May 28.

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VeriSign, Inc. Announces Two-For-One Stock Split

Mountain View, CA, March 31, 1999 VeriSign, Inc. (Nasdaq: VRSN) announced today that its board of directors has approved a two-for-one split of its common stock. Stockholders will receive one additional share for every share held on the record date of May 14, 1999. The stock split requires stockholder approval of an increase in the Company's authorized number of shares at its 1999 Annual Meeting of Stockholders. The payable date will be after the close of market on May 28, 1999, following stockholder approval. The Company's stock will begin trading on a split-adjusted basis on May 31, 1999.

VeriSign, Inc.

VeriSign, Inc. is the leading provider of Internet trust services and digital certificate solutions needed by websites, enterprises, electronic commerce service providers and individuals to conduct trusted and secure electronic commerce and communications over IP networks. VeriSign's Digital Certificate services for websites and individuals are available through the Company's website. The Company's Digital Certificate services for enterprises and electronic commerce service providers are available through regional account representatives, resellers, and global affiliates.

Copyright 1999 VeriSign, Inc. 1350 Charleston Road, Mountain View, CA 94043-1331. All rights reserved. VeriSign is a registered trademark exclusively licensed to VeriSign, Inc.

Contact:

Dana Evan, Chief Financial Officer, 650-429-3410
or Kathleen Ochsner, Manager, Investor Relations, 650-429-3512
or kochsner@verisign.com, both of VeriSign, Inc

Copyright © 1999, VeriSign, Inc.
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