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Diversinet And Hongkong Post To Deliver Mobile Certification Services To Hong Kong
URL(s): www.dvnet.com
TORONTO, CANADA, AUG 16, 2001 -- TORONTO, CANADA--
Wireless Certification Service to Address Authentication, Integrity, Confidentiality and Non-Repudiation Security Issues in Conducting Business in
the Wireless Space
Diversinet Corp. (NASDAQ Small Cap: DVNT), a leading provider of mobile commerce (m-commerce) security infrastructure solutions, and Hongkong
Post, the first recognized public Certification Authority in Hong Kong, today announced that they have entered into a commercial agreement to
provide mobile certification services, making m-commerce a reality for all of Hong Kong.
Under the terms of the agreement, Hongkong Post will operate wireless Certification Authority (CA) services under the brand name of Hongkong
Post Mobile e-Cert, utilizing Diversinet's wireless security products. Such certification services provide a secured environment that addresses the
basic concerns of authenticity, integrity, confidentiality and non-repudiation in conducting business in the wireless space.
The Hongkong Post Mobile e-Cert will be a recognized certificate under the Electronic Transactions Ordinance of Hong Kong and is analogous to
Hongkong Post e-Certs. The Hongkong Post Mobile e-Cert will enable subscribers to carry out secure mobile transactions using mobile devices
anywhere and anytime. The infrastructure is currently being piloted with a targeted production date before the end of this year.
Today's agreement enables Hongkong Post to provide client certificates across a range of mobile devices. These devices include WAP, SIM, PDA,
and RIM handhelds. The solution also supports GSM/GPRS and future 3G networks.
"Having the first recognized public Certification Authority in Hong Kong, the Hongkong Post, implement and endorse our security technology to
extend their existing CA infrastructure to the wireless space, confirms Diversinet's position as the leading wireless security provider," said Nagy
Moustafa, President & CEO of Diversinet Corp.
"The establishment of a reliable and seamless security infrastructure for both wireline and wireless digital certificates will greatly enhance ease of
use for the end user and fuel consumer acceptance of e-commerce," said the Postmaster General, Mr. P. C. Luk. "Diversinet's leading wireless
security technology enables us to execute the wireless segment of our vision as their solution is highly flexible and scalable and will be able to meet
future demands."
About Hongkong Post
To enable the development of electronic commerce in Hong Kong, Hongkong Post has created a public key infrastructure (PKI) and established on
31 January 2000 the first public Certification Authority (CA) in Hong Kong.
As empowered by S34 of the Electronic Transaction Ordinance (ETO), the Postmaster General is a recognised certification authority in Hong Kong.
Hongkong Post issues digital certificates, namely Hongkong Post e-Certs, to individuals and businesses to authenticate the identity of the
subscribers over the Internet. There are four types of e-Cert, namely Personal, Organisational, Encipherment and Server Certificates. Hongkong Post
CA maintains a certificate repository and directory to allow the public to verify the validity of a particular Hongkong Post e-Cert prior to carrying out
transactions. These services provide a secure and reliable environment for the conduct of electronic commerce in Hong Kong.
The Hongkong Post e-Cert may be used for commercial operations and secure electronic transactions in the fields of banking, finance,
telecommunications, entertainment, education, health etc. The e-Cert also supports the Government ' s Electronic Service Delivery (ESD) scheme,
available since 9 December 2000.
About Diversinet Corp.
Diversinet is enabling mobile e-commerce (m-commerce) services with its wireless security infrastructure solutions. The company has been
confirmed by the Yankee Group (reference; The Yankee Group Report: Wireless/Mobile Technologies, Vol. 1, No. 7, September 2000, by Emily
Williams and David Berndt), as having the leading product technology for the delivery of end-to-end wireless security infrastructure solutions to
wireless device makers, ASPs and operators, application software developers and network infrastructure providers. For more information on
Diversinet, visit the company's web site at www.dvnet.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press
release (as well as information included in oral statements or other written statements made or to be made by the company) contains statements
that are forward-looking, such as statements relating to anticipated future revenues of the company and success of current product offerings. Such
forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly,
such results may differ materially from those expressed in any forward-looking statements made by or on behalf of the company. For a description of
additional risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.
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