Aether Systems comes on board.
biz.yahoo.com
OWINGS MILLS, MD, Dec 21, 1999 (BUSINESS WIRE) --
Agreement will provide financial services, healthcare and other
industries with the latest, most secure wireless data applications
available
Aether Systems, Inc. (Nasdaq: AETH), the leading wireless
applications services provider, today signed a letter of intent with
Diversinet Corp. (Nasdaq Small Cap; DVNT; CDN; DVNT), a leader in
security software for wireless e-commerce products, to license
Diversinet's Passport(TM) software for a wide range of wireless
e-commerce applications. In addition, the two companies will explore
innovative security solutions and marketing ventures.
The agreement will allow Aether to employ "digital signatures" in its
current and planned wireless data services offerings, including mobile
stock trading, banking and healthcare applications. Digital signature
technology ensures that an electronic message or transaction is being
sent and received only by the intended parties, and that the data was
not changed along the way. By integrating Diversinet's ability to
capture digital signatures with Aether's wireless data enterprise
solutions, Aether will enable corporations to take full advantage of
wireless e-commerce solutions, completing secure wireless data
transactions that were never before possible without paper signatures.
"Aether is pleased to team with Diversinet to take the security of
wireless applications to a new level by integrating the latest, most
innovative digital signature technology within its wireless data
software," says Aether President and Chief Executive Officer David
Oros. "By incorporating Diversinet's certificate and authorization
technology into our leading Aether Intelligent Messaging (AIM)
software, Aether once again takes the leading role in providing
enterprises with the most secure, reliable means of wirelessly
accessing their mission-critical data today."
AIM is Aether's leading wireless communications software and
development platform that makes it easy for corporate enterprises and
content providers to develop applications that deliver their data
across multiple wireless devices and networks.
Specifically, the letter of intent calls for Aether to license
Diversinet's updated Passport Certificate Server (Version 3.0) and its
new Authorization Server (Version 2.0). The Passport Certificate
Server, which supports digital signature use, issues certificates that
are compliant with multiple wireless device technologies, including the
Wireless Application Protocol standard for Web-enabled smart phones,
3Com's Palm Computing platform, the Inter@ctive Pager 950/850 and
Blackberry devices from Research in Motion and Windows CE and
Java-based devices.
Diversinet's unique Passport Authorization software is highly flexible
in that it allows users to access information based on time, date, type
of data, etc. This flexibility was a key attraction for Aether, whose
AIM platform allows the company to deliver a customized wireless data
solution to each corporate customer.
Using Diversinet's digital signature technology, Aether will be able to
act as a Certificate Authority (CA) that validates e-commerce
transactions for its corporate customers. This option would
significantly expand Aether's capabilities as a trusted third-party
host of sensitive data across wireless networks. |
