Datalink.net and Diversinet Corp. to Deliver Wireless Security Solutions.Business Editors TORONTO--(BUSINESS WIRE)--May 12, 2000 Datalink.net and Diversinet Partner to Deliver Secure Wireless Applications such as Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Auctions, Billing, and Messaging Diversinet Corp. (Nasdaq: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 security solutions for wireless e-commerce applications, today announced that it has signed a letter of intent (LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items ) with Datalink.net (AMEX AMEX See: American Stock Exchange :DLK DLK Diffuse Lamellar Keratitis DLK Double-lined Kraft (recycled paper) DLK Digital Logic Kernel DLK Dynamically Loadable Kernel ), a leading Wireless Application Service Provider (w-ASP). The LOI provides for a partnership and the implementation of a pilot program, where both companies will combine their core competencies to develop and implement a wireless enterprise solution with full security. Datalink.net will license Diversinet's Passport(TM) Certificate Server and Authorization server, which together enable strong authentication and digital rights management into its XpressLink(TM) platform. XpressLink(TM) is a leading platform that wirelessly enables Internet sites and e-commerce applications. More importantly, the resulting applications are carrier, device, and protocol independent. Datalink.net will provide managed wireless CA (Certification Authority See CA. ) services for its' customers, in addition to re-selling the Diversinet products for users that choose to manage their own CA service. Initial pilots based on the Palm device platform will roll out later this year. The two firms will also work together on joint marketing and sales activities. "Datalink.net is well positioned in the rapidly emerging wireless ASP space, with patented technology that provides true value-add to the end-user," said Nagy Moustafa, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Diversinet. "Diversinet is one of the few companies providing one of the only end-to-end wireless security solutions available today," said Anthony LaPine, chairman and CEO of Datalink.net. "The ability to protect user privacy was a key factor in our decision to use the Diversinet solution and we are confident that the added layers of security will allow us to further differentiate ourselves in this market." About Datalink.net -- Where the Web Meets Wireless(TM) Datalink.net markets a suite of products and services for both the B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business (business to business) and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. (business to consumer) markets. The B2B Group extends Internet franchises to the wireless world through the company's patented Xpresslink(TM) Application Server, while the B2C Group provides custom tailored information to the wireless user. Datalink.net is rated the number one service of its kind by SmartMoney magazine. The company was founded in 1993 and is headquartered in Silicon Valley. The corporate web site can be located at http://www.datalink.net. For B2B capabilities, contact Corporate Sales at 408/367-1706 or the B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. Web site at http://www.net2wireless.com. About Diversinet Corp. Diversinet is enabling mobile e-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. 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 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 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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