SAN JOSE, Calif. and LAS VEGAS -- VeriSign, Inc. (NASDAQ:VRSN - News) and Adobe Systems Incorporated (NASDAQ:ADBE - News) today announced their intent to collaborate on integrating Adobe® Flash® technologies with VeriSign's peer assisted content distribution technology, setting a new standard in the delivery of high-quality video content. Both companies plan to integrate existing products and services and jointly develop new technologies that help media and entertainment companies bring content online. The first phase of the expected collaboration consists of VeriSign incorporating Adobe Flash Media Server 2 into its new globally deployed Intelligent Content Delivery Network (CDN), enabling publishers to deliver high fidelity video on-demand and MP3 audio streaming services across a high-performance, more secure and reliable CDN.

The two companies expect to work together to integrate future versions of next generation media technologies leveraging VeriSign's Kontiki peer-to-peer technology and Adobe's award-winning Flash Video software. The combined services will allow companies to deliver customized interactive Flash Video experiences, including movies, TV shows, broadcast media, and user interface technologies. Through Adobe Flash Player, the ubiquitous cross platform client runtime installed on more than 700 million connected PCs and devices worldwide, users are able to instantly view video content. Publishers are expected to be able to lower their development, quality assurance, and customer support costs because the combined Flash/VeriSign service reduces the problems of deploying video on-demand applications across multiple platforms and browsers.

"VeriSign's global reach and leadership in intelligent infrastructure services will give content providers the ability to deliver truly innovative and more secure Flash Video experiences to the widest possible audience worldwide," said Bruce Chizen, chief executive officer at Adobe. "The ubiquity and power of Adobe Flash, combined with advanced streaming and media technologies from VeriSign, fundamentally changes how rich media content is deployed to consumers."

Adobe Systems Inc. (Nasdaq: ADBE)

VeriSign Inc. (Nasdaq: VRSN)