Diversinet and InfoSpace to Demonstrate Secure Wireless E-Commerce Applications at Wireless 2000.Business Editors Wireless 2000 TORONTO--(BUSINESS WIRE)--Feb. 25, 2000 Mobile Banking Applications with end-to-end Security on Display Diversinet Corp. (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 security solutions for wireless e-commerce, and InfoSpace.com (NASDAQ: INSP INSP Inspection INSP Inspector INSP Inspect INSP Inspirational Network INSP Institut des Nanosciences de Paris (French) INSP International Nuclear Safety Program INSP International Network on Strategic Philanthropy ), a leading global provider of information and commerce infrastructure services to Web sites, merchants and wireless devices, today announced the two firms will demonstrate a wireless banking application using Diversinet's technology on the Research in Motion (RIM) Blackberry (tm) pager and an Ericsson GSM phone using 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. (Wireless Application Protocol) client certificates at Diversinet's booth no. 2371 during the Wireless 2000 conference. InfoSpace will demonstrate a wireless banking service that will be secured using Diversinet's PASSport(tm) technology. Diversinet's wireless optimized 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 (Public Key Infrastructure) provides true end-to-end security and supports both WAP (Wireless Application Protocol) and non-WAP device platforms through a single infrastructure. With this security in place, consumers of wireless data services are free to use innovative applications such as mobile banking, without the worries of spoofed bank sites or someone impersonating them to gain access to their funds. Through InfoSpace's established relationships with leading global wireless carriers and a distribution network of over 2,500 Web sites, the company is bridging the gap between the online, offline and wireless worlds. InfoSpace provides information and commerce infrastructure services to some of the top carriers in the world. Through the acquisition of Saraide, InfoSpace will now have more than 24 carrier relationships in Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Asia including AT&T, Vodafone, Sprint, BellSouth, GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , AirTouch, Dutchtone, Panafon, J-Phone, ADAM Adam, the first man, in the Bible Adam (ăd`əm), [Heb.,=man], in the Bible, the first man. In the Book of Genesis, God creates humankind in his image as a species of male and female, giving them dominion over other life. , KPN KPN Koninklijke PTT Nederland (Royal Dutch Telecom) KPN Konfederacja Polski Niepodleglej (Polish conservative party) , Omnitel, diAx, Telfort, Libertel, Ben and Microcell Telecommunications. Diversinet's pioneering technology enables bandwidth-constrained devices, such as pagers, cellular phones and wireless-enabled PDAs, to securely perform the most advanced wireless tasks - everything from sending and receiving confidential corporate e-mail to purchasing books and electronic goods. "Over the last six months, our relationship with InfoSpace has helped to deliver an integrated, secure wireless solution for their enterprise customers," says 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. "InfoSpace has moved aggressively in providing a platform of wireless information and commerce services, and their decision to demonstrate with us reinforces their commitment to providing the best possible security to their customers." Moustafa says. "Our relationship with Diversinet has helped us to deliver the industry's most robust and secure, fully integrated information and commerce services available today on a wireless device," said Naveen Jain, chairman and CEO of InfoSpace. "The first-in-class security features available on InfoSpace information and commerce services will create end-to-end trust between end users and sources of secure information on the Internet, such as banks and financial institutions. End users will be able to use commerce features such as single-click purchase and access confidential information with confidence." Diversinet's patented Passport product line includes the Passport Certificate Server and the Digital Permit(tm) Server. The Passport Certificate and Digital Permit Servers work together to provide secure certification and authorization services over wireless and wireline networks. Additional demonstrations of Diversinet technologies may be seen at Diversinet's booth no. 2371 during the Wireless 2000 Conference. 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, 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 and 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. ) to provide the 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 InfoSpace.com, Inc. InfoSpace is a leading global Internet information infrastructure company. InfoSpace provides information and commerce infrastructure services to wireless devices, merchants and Web sites. InfoSpace's affiliate network consists of more than 2,500 Web sites. The Company's affiliates include AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. , Microsoft, Disney/InfoSeek's GO Network, NBC's Snap, Lycos, go2net Inc., DoubleClick, Dow Jones (The Wall Street Journal Interactive Edition) and ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. LocalNet, among others. In addition, the Company provides services to a network of wireless Internet devices including PCs, cellular phones, pages, screen telephones, television set-top boxes, online kiosks, and personal digital assistants. These include relationships with Acer America, AT&T Wireless, Nokia, Nextel, Sprint, Mitsui, Lucent and @Home. 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 requirement, general economic conditions and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders. |
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