Diversinet Instrumental in Successful Visa Extras Launch.Business Editors/High-Tech Writers TORONTO--(BUSINESS WIRE)--April 6, 2004 Diversinet Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DVNTF), a leading provider of secure wireless and smart card management solutions, today revealed the details of its instrumental, behind-the-scenes role in ensuring the successful and on-schedule launch of the Visa Extras payment card rewards program. Building upon its long-standing relationship with Visa USA, Diversinet defined the test plan, conducted the user acceptance tests, and directed the test program, culminating in Visa's acceptance of the solution prior to deployment into the production system. Launched in January, Visa Extras is a new payment card rewards program that will help Visa member financial institutions to cost effectively deliver rewards opportunities to consumer and small business cardholders. With Visa Extras, enrolled cardholders have the opportunity to earn points for everyday qualifying purchases. Diversinet has worked with Visa on a number of projects. Selected by Visa USA based upon unique test lab competencies and a history of continuing to deliver quality results, Diversinet worked closely with the developer to validate the Visa Extras platform by thoroughly testing its process components and external interfaces. Diversinet's work allowed Visa to deliver this very important mainstream technology initiative on schedule without sacrificing quality. "Diversinet's unique blend of technical expertise, test lab excellence, and proven track record in delivering quality results to Visa USA and member financial institutions made them a natural choice to lead the acceptance testing (programming) acceptance testing - Formal testing conducted to determine whether a system satisfies its acceptance criteria and thus whether the customer should accept the system. for this very important program," said Doug Jones, senior director, Visa USA. "From the high-level planning stage down to individual component and interface testing we put a lot of work into ensuring that the production system would pass with flying colors Noun 1. flying colors - complete success; "they passed inspection with flying colors" flying colours success - an attainment that is successful; "his success in the marathon was unexpected"; "his new play was a great success" , demonstrating our ability to work quickly and expertly with Visa and its developer partner," said Charles Walton, COO of Diversinet. "Our work was helped by the long-standing relationship that Diversinet has had within Visa USA business units, and further strengthens our partnership with Visa." About Diversinet Corp. Diversinet is a leading provider of secure mobile solutions to the enterprise, 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. , and gaming and wagering marketplaces. Diversinet delivers reliable and scalable solutions to customers such as Visa, Fleet Credit Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. , First National Bank, Hong Kong Post
Hong Kong Post (Japanese: 香港ポスト) is a Japanese-language weekly newspaper published in Hong Kong every Friday. It is sold in shops such as c!ty'super. and others, utilizing the market leading Connexus and Passport security platforms and a world class professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. team. Diversinet enables customers and their employees to access applications and critical corporate information from anywhere, at anytime and via any mobile device. Diversinet is headquartered in Toronto, Canada, with offices in Boston, MA; Fremont, California; and Hong Kong, SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL. SAR - segmentation and reassembly . For more information visit www.diversinet.com. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " 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. # of shares issued and outstanding 12,043,037 |
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