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eBay and VeriSign Announce New Marketing and Services Alliance

eBay Inc., the world's online marketplace, and VeriSign, the leading provider of digital trust services, announced a new multi-year services and marketing alliance. Under terms of the agreement, eBay will deploy VeriSign authentication services, establish an eBay marketplace for highly sought-after domain names and enter into a multi-platform marketing and promotional campaign.

Financial terms of the agreement were not disclosed.

eBay, which facilitated more than $11 billion in gross merchandise sales last year via its online marketplace, will use VeriSign's Authentication Service Bureau (ASB) to authenticate new eBay sellers during the registration process on its site. The VeriSign ASB is a managed service that utilizes VeriSign's proven digital trust services infrastructure to reliably identify parties in online transactions or communications.

One of the first marketing and promotional initiatives to be launched under the new alliance is aimed at eBay's community of 46 million registered users. It will be designed to reach eBay's extensive customer base to promote the sale of registration rights of domain names on eBay and establish the eBay marketplace as a new alternative for obtaining domain name registrations in the fast growing domain names spaces.

The domain name marketplace is beginning with .bz domain names, which are available on a joint eBay and VeriSign Web site at http://members.ebay.com/aboutme/verisign/.

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