Anthony Lloyd-Weston Joins Diversinet's European Management Team; Move Establishes UK Office.Business EditorsTORONTO--(BUSINESS WIRE)--June 26, 2000 Initiative extends Diversinet's leadership position in m-commerce security solutions to the global wireless arena Diversinet (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DVNT DVNT Deviant (record label) )(CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. :DVNT.), a leading provider of m-commerce security solutions, today announced plans to establish a UK office, which will serve as the headquarters of their European operations. Mr. Anthony Lloyd-Weston joins the UK office, located in London, as head of Diversinet's European management team. "I am pleased to join such a dynamic and fast-growing company like Diversinet", said Lloyd-Weston, Business Development Director, Europe. "Diversinet's entry into the European market signals the initial phases of our efforts to extend Diversinet's industry-leading wireless security solutions to the global sector." Mr. Lloyd-Weston, who joins Diversinet as the director of European business development, brings to the company over 15 years of experience in the mobile sector throughout Europe. Previously, he was employed at Martin Dawes Telecommunications (now part of BT Cellnet Lumina), where he was directly responsible for the world's first mobile banking service delivered for The Co-operative Bank The Co-operative Bank is a co-operative bank trading in the United Kingdom with headquarters in Manchester, UK. It is an ethical bank, and refuses to invest in companies involved in the arms trade, genetic engineering, animal testing and use of sweated labour as stated in its , in conjunction with Vodafone. More recently, as a Business Consultant with Brokat, a leading international provider of software for e-Business solutions, he developed the company's mobile pre-sales activities in Northern Europe. "Mr. Lloyd-Weston brings to Diversinet a wealth of experience in the m-commerce sector," said Nick Darwish, VP of Business Development for Diversinet. "We feel that with his skills and experience, Diversinet will be in a position to establish itself as a dominant presence in the European market for mobile security applications." About Diversinet Corp. Diversinet is enabling mobile m-commerce services with its wireless security infrastructure solutions. The company is a leader in delivering end-to-end wireless security infrastructure solutions to wireless device makers, Asp's and operators, application software developers and network infrastructure providers. As a leader in securing m-commerce applications, Diversinet is actively participating in the development of security standards with; WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. , The Open Group, PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of Forum and Radicchio ra·dic·chi·o n. pl. ra·dic·chi·os Any of several varieties of chicory, having red or red-spotted leaves that form globose or elongated heads. . For more information on Diversinet, visit the company's web site at www.dvnet.com. Diversinet, Digital Permits and Passport Certificate Server are trademarks of Diversinet Corp. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders. Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the acceptance of mobile and wireless devices and the continued growth of e-commerce and m-commerce (mobile e-commerce), the increase of the demand for mutual authentication Mutual authentication or two-way authentication refers to two parties authenticating each other suitably. In technology terms, it refers to a client or user authenticating themselves to a server and that server authenticating itself to the user in such a way that both in m-commerce transactions, cryptography technology as an industry standard, the market acceptance of our principal products and sales of our customer's products, the impact of competitive products and technologies, the possibility of our products infringing patents and other intellectual property of third parties, and costs of product development. Diversinet will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about the Company and factors that may affect its operations can be obtained from Diversinet's filings with SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review at www.sedar.com and with the U.S. Securities and Exchange Commission. |
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