Diversinet Lands Major European Wireless Partner: Au-System.Business Editors Wireless 2000 NEW ORLEANS--(BUSINESS WIRE)--Feb. 29, 2000 (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) ) (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. :DVNT.) Partnership to integrate Diversinet's wireless security solution into AU-System's overall solution platform. Diversinet Corp. (NASDAQ Small Cap:DVNT) (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 wireless e-commerce infrastructure security software company, today announced an agreement with AU-System, a world leader in wireless software solutions and services. The agreement calls for the two firms to integrate Diversinet's wireless security solution into AU-System's overall solution platform. AU-System works with mobile operators and enterprises to introduce wireless services fast and easy. AU-System's technology and services can deploy any mobile device over numerous technologies including 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. , SIM Toolkit or short message infrastructure. The ability to offer secure transactions in this market will greatly enhance the value of the suite of services available to the mobile customer. "By incorporating security software into AU-System's WAP browser and service platform, service providers and enterprises will be able to offer a wealth of new services - such as banking, stock trading, gaming, traveling, medical data and corporate information - with the assurance that sensitive data is secure," 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. AU-System provides a complete WAP and non-WAP product and services offering, ranging from infrastructure to world class turn-key wireless solutions. AU-System has an exclusive international distribution agreement for the Ericsson WAP browser and has extensive experience in areas such as WAP, GSM, SIM and smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , and in applying these technologies to wireless e-commerce applications. AU-System and Diversinet will work together to integrate security solutions into all these technological areas. Diversinet's software is optimized for wireless devices and other bandwidth-constrained products, such as smart cards, smart phones and PDA's. Diversinet uses a multi-mode approach that includes encryption, digital signatures, digital certificates and digital permissions. The software provides an 'audit trail' that authenticates wireless users to protect both parties, such as a stockbroker and stock purchaser, in the event of a dispute over the transaction. "AU-System's WAP browser, service platform and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. are fundamental elements of the company's strategy to be a major global supplier of key enabling solutions for WAP and other emerging wireless networking See wireless network. technologies," said Stefan Fleron, vice president wireless solutions of AU-System. "Technologies such as Diversinet's security software are a natural fit for the end-to-end solutions that are part of every AU-System solution." About Diversinet 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, ASPs and operators, application software developers and network infrastructure providers. Diversinet has partnered with companies such as Aether Systems, Research in Motion(RIM), SmartServe Online, Digital Signature Trust(DST (1) (DeSTination) Contrast with SRC, which is an abbreviation of "source." (2) (Digital Signal Trust Company, Salt Lake City, UT, www.digsigtrust.com) An organization that sets up and manages PKI systems for companies and industry groups. ) and InfoSpace to provide best-in-class wireless security solutions for the end user. For more information on Diversinet, visit the company's web site at www.dvnet.com. About AU-System Founded in 1974, AU-System quickly established itself as Sweden's first software specialist in the area of data communications. Today, AU-System remains Sweden's largest independent consulting company within the networking field, with more than 670 employees. The company was presented with the prestigious industry award IT Company of the Year, 1999, by the Swedish business magazine Veckans Affarer. AU-System offer world class wireless software solutions and advanced consulting services, including integration and development projects, business development, and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . Key customers include MeritaNordbanken, Telia, Singtel and Ericsson. AU-System is a member of ETSI (European Telecommunications Standards Institute, Sophia Antipolis technical park, Nice, France, www.etsi.org) A non-profit membership organization founded in 1988, dedicated to standardizing information and communication technologies (ICT) throughout Europe. , the WAP Forum, and the Bluetooth SIG. For more information, please visit the AU-System Web site at www.ausystem.com. This press release may contain forward-looking statements relating to Diversinet. Among the important factors that could cause the actual results to differ materially form those indicated by such forward-looking statements are delays in product developments, undetected software errors and bugs, competitive pressures, technical difficulties, market acceptance, changes in customer requirements and general economic conditions. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders. |
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