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Gold/Mining/Energy : Diversinet ( DVNTF / DVNT ) aka

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To: Mongo2116 who wrote (964)9/21/1999 3:56:00 PM
From: trenzich   of 1242
 
big losses but
The Company's net working capital position as at July 31, 1999 was $5.5 million.

"Growth for Diversinet is progressing in the areas of product development, sales and marketing. We continue to direct our attention to security solutions for wireless e-commerce applications because our technology offers an ideal answer. We believe that as a result of this focus in technology development in addition to our participation in wireless industry trade and standards associations such as Wireless Access Protocol Forum and Wireless Data Forum, Diversinet is well-positioned to garner significant market share," said Nagy Moustafa, President and CEO. "We are also still working closely with VeriSign Inc., as originally announced in June, to integrate our respective products and services to deliver extended authorization capabilities for enterprises using digital certificates," added Mr. Moustafa.
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