Verisign, a leading provider of digital infrastructure for the networked world, earlier announced that it is raising domain prices. The price changes are expected to start on October 15. Dot com domain prices will be increased by 7% and dot net domains by 10%.

The company announced:

VeriSign, Inc. and it's wholly owned subsidiaries ("VNDS") is hereby notifying all registrars of a fee change for .com and/or .net domain names effective October 15, 2007. In accordance with our contract, ICANN has already been notified. Details as follows:

1. VNDS' fee for each annual increment of a new and renewal .com domain name registration and for each transfer of a .com domain name registration from one ICANN-accredited registrar to another will be US $6.42, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .com Registry Agreement) or any other ICANN fee; and

2. VNDS' fee for each annual increment of a new and renewal .net domain name registration and for each transfer of a .net domain name registration from one ICANN-accredited registrar to another will be US $3.85, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .net Registry Agreement) or any other ICANN fee.

Except for the above-described fee changes, all other terms of the relevant agreements (.com and .net Registry Agreements and Registry-Registrar Agreements) remain unchanged.