Verizon News

Verizon Business to Acquire Information Security Services Leader Cybertrust

Combination Creates Global Security Powerhouse

May 14, 2007

Media Contact:
Verizon Business media contact: Peter Lucht, 617-743-2224,
Cybertrust media contact: Laura Wooster, 703-480-8535,

BASKING RIDGE, N.J. -- Verizon Business today announced a definitive
agreement under which it will acquire Cybertrust, a privately held provider of
global information security services. Financial terms were not disclosed.

The combination will make Verizon Business the leading provider of managed
information security services to large-business and government customers
worldwide. By combining Cybertrust's global presence and customer base,
focused security expertise and professional services with Verizon Business'
"cloud-to-core" security portfolio, global IP network and financial strength,
the acquisition creates a powerful and unique player that will redefine the
global security landscape.

The companies expect to close the transaction in 60 to 90 days.

Cybertrust -- an information security firm with 800 employees and operations
in 30 locations across the Americas, Europe, the Middle East and the Asia-
Pacific region -- is a global leader in securing critical data, protecting
identities and helping its customers demonstrate ongoing compliance.
Services include identity management, managed security services,
vulnerability/threat management, security certification programs and a full
range of professional services including enterprise-wide quantified risk
analysis, individual application assessments, and forensics and incident
response services.

"Security is a top concern for corporate CIOs worldwide, and this transaction
demonstrates Verizon Business' focus on and commitment to providing world-
class security solutions," said John Killian, president of Verizon Business.
"As the world continues to move to IP, this combination creates an essential
engine for protecting our customers' operations end-to-end.

"It will also enable Verizon Business to accelerate its creation and
deployment of world-class security solutions to meet our customers'
increasing need for comprehensive security solutions that are available
globally," he said.

John Becker, chief executive officer, Cybertrust, said, "Joining with Verizon
Business creates a capability that provides unmatched security expertise and
extensive global reach that enables organizations to proactively manage risk
and strengthen their protection of critical information assets. This
combination will allow us to deliver a new generation of innovative security
services that are aligned with an organization's business needs at all levels."

According to industry analyst firm Frost & Sullivan, the managed security
services market is growing exponentially and is projected to exceed $6 billion
by 2011.

Counse Broders, senior research director at global analyst firm Current
Analysis, said: "The security market has seen its share of mergers. This
combination, though, will be very beneficial to Verizon Business, Cybertrust,
and customers of both, and thrusts Verizon Business squarely onto the global
security stage in a positive way. In short, it's a competitive coup."

In addition to enhancing Verizon Business' global security services,
Cybertrust offers a proven identity management suite, as well as Security
Operation Centers in Europe, the Middle East, Africa and Asia-Pacific for a
true "follow the sun" approach to security operations. Additionally, Verizon
Business will acquire ICSA Labs, an independent division of Cybertrust,
which is considered the gold standard of security product certification, and
which has tested and certified 95 percent of the installed security products
on the market today.

Cybertrust's Identity Management unit gives Verizon Business a strong new
capability to help its customers efficiently manage user identities across
multiple systems and applications. Through this group, Verizon Business will
offer a full range of solutions for governments and enterprises to manage
electronic identities that enable authentication management, information
protection and secure access to resources across enterprise systems.

Verizon Business currently offers a comprehensive portfolio of managed and
professional security services spanning Verizon's Internet "cloud" network to
the core infrastructure at the business organization's premises. This suite of
global services delivers advanced threat intelligence and flexible security
management, enabling business and government customers to better manage
security risks and protect critical assets.

About Verizon Business

Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a leading
provider of advanced communications and information technology (IT)
solutions to large business and government customers worldwide.
Combining unsurpassed global network reach with advanced technology and
professional service capabilities, Verizon Business delivers innovative and
seamless business solutions to customers around the world. For more
information, visit www.verizonbusiness.com.

About Cybertrust

Cybertrust is the global information security specialist, delivering services
that secure critical data, protect identities and help customers demonstrate
ongoing compliance. Headquartered in Herndon, Virginia, United States, with
more than 30 offices around the globe, Cybertrust is one of the world's
largest providers of information security and is a global market leader in
managed security services. For more information, visit www.cybertrust.com.