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

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To: Ed who wrote (169)2/26/1998 11:24:00 AM
From: vincent sciplini  Read Replies (2) of 1242
 
ORONTO, Feb. 26 /CNW-PRN/ - Diversinet Corp. (NASDAQ: DVNTF, CDN: DVNT) Mr. Nagy
Moustafa, President, CEO and Chairman of the Board of Directors of Diversinet Corp. is pleased to
announce the appointment of Mr. Frank M. Clegg to the board of directors of Diversinet Inc., a wholly
owned subsidiary of Diversinet Corp.

Mr. Clegg has been with Microsoft for 7 years, and as Vice President for the Central U.S. and Canada
region, he oversees several hundred sales, consulting and technical support staff in pre-sales and post sales
responsibilities. In addition, he is on the Board of Internet Liquidators International Ltd. and has served as a
member of the University of Waterloo Advisory Council.

''I am delighted that Mr. Clegg has accepted a position with the Diversinet Board. His extensive experience
with software sales and marketing will contribute significantly to the development of our sales team,'' said Mr.
Moustafa.

''One of the factors inhibiting rapid growth in the electronic commerce market, is the concern individuals have
for security. Diversinet is developing some incredible technology that provides a safe and efficient solution. I
am looking forward to playing a role in the development of this opportunity,'' said Mr. Clegg.

''Diversinet's aim is to continue to enhance its management team and further develop its foundation of
expertise within the Company. Management believes, that the addition of experienced executives such as Mr.
Clegg, is consistent with the company's corporate strategy and direction and will assist in the successful
execution of Diversinet's product line launch scheduled for May 1998,'' adds Mr. Moustafa.

Diversinet Corp. (www.dvnet.com) is a developer of products based on public-key infrastructures and
technologies required for corporate networks, Intranets and the Internet for electronic commerce. Its
proprietary PKI technology offers customers ease of use, efficient operation and flexible implementation for
many diverse security authentication applications.
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