Diversinet Joins IBM, Compaq, HP, Motorola And Sun Microsystems As A Co-Founder Of The Mobile Management Forum.Business EditorsTORONTO--(BUSINESS WIRE)--May 18, 2000 (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.) [pilcrow (paragraph sign)] Diversinet Will Provide Leadership Role in Influencing Secure M-commerce As part of their efforts to help promote industry-wide wireless security product interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. , Diversinet Corp., (Nasdaq:DVNT)(CDN:DVNT.) today announced that it has joined the Open Group's Mobile Management Forum as a co-founder. The Mobile Management Forum is a group whose main objective is to accelerate the deployment of wireless data into the enterprise environment, by leveraging its vendor and user membership. Membership in the Mobile Management Forum will enable Diversinet to work in concert with other group members to advance the use of security in m-commerce applications. In addition, Diversinet and other members will work closely to promote awareness of wireless security issues and advocate the use of 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 . "As co-founder of the Mobile Management Forum, based on our 2-1/2 years experience in wireless security, Diversinet will provide a leadership role in influencing specific requirements of secure m-commerce," 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. "One of the key areas to be tackled by the Mobile Management Forum is authorization. I am delighted that Diversinet, whose experience in simplifying Public Key Infrastructure and authorization will be invaluable, have chosen to be a Founder Member," said Allen Brown, President and CEO of The Open Group. "The Mobile Management Forum is the place where the leading players and other organizations in the wireless and mobile world come together to drive convergence for the benefit of the end user." About Open Group The Open Group, a vendor and technology-neutral global consortium, is committed to delivering greater business efficiency by bringing together buyers and suppliers of information systems to lower the cost and risks associated with integrating new technology across the enterprise. Recognizing that standards alone are insufficient, The Open Group's mission is to deliver assurance of conformance con·for·mance n. Conformity. Noun 1. conformance - correspondence in form or appearance conformity agreement, correspondence - compatibility of observations; "there was no agreement between theory and to Open Standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced through the testing and certification of suppliers' products. For more information on The Open Group regarding the Mobile Management Forum, visit the group's web site at www.opengroup.org. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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