Oooh, news, or more hype?.. watch the ride today.
DIVERSINET AND CERTICOM TEAM TO DELIVER ADVANCED SECURITY FOR ENTERPRISE NETWORKING AND
ELECTRONIC COMMERCE
Certicom Enables Diversinet's Public-Key Infrastructure Product Line with
Strong, High-Speed Elliptic Curve Cryptography
SAN MATEO, Calif., March 10 /CNW/ - Certicom Corp., a leading provider of
cryptographic security technologies, and Diversinet Corp., a leading developer
of public-key infrastructure (PKI) technology, today announced they have
entered into a licensing agreement whereby Certicom will provide Diversinet
with advanced data security technologies, based on Certicom's Elliptic Curve
Cryptography (ECC). Diversinet will incorporate Certicom's security technology
into its PKI product line to provide businesses with efficient, flexible and
comprehensive security solutions for enterprise networking and electronic
commerce.
An efficient security infrastructure is a critical component for
electronic commerce and the transfer of sensitive information. By
incorporating Certicom's ECC technology, Diversinet will provide a highly
efficient security infrastructure including digital identities and digital
signatures, generated by Certicom's ECC, to protect sensitive electronic
transactions. Digital identities based on elliptic curve technologies are
orders of magnitude more efficient than existing solutions based on the RSA
algorithm. Certicom will provide Diversinet with advanced cryptographic
security tools to create compact digital signatures and perform strong, fast
encryption. Certicom's performance advantage will enable Diversinet to create
new cost effective and scalable security solutions.
''Certicom's technology is superior to other cryptographic options, and
will dramatically enhance the performance of our technology,'' said Nagy
Moustafa, Diversinet's president and CEO. ''Certicom offers incredible
advantages in speed, bandwidth savings, reduced processor requirements and
power consumption, making their products the preferred choice to secure
wireless, electronic commerce and networking applications.''
''Diversinet answers the need for a comprehensive PKI solution with
efficient, scalable digital certificates,'' Rick Dalmazzi, Certicom's
executive vice president, sales and marketing. ''Together, our technologies
will enable the next generation of secure, high-speed electronic commerce.''
About Diversinet Corp.
Diversinet Corp. (NASDAQ: DVNTF, CDN: DVNT) is a leading 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 diverse security authentication applications.
Visit Diversinet's web site at www.dvnet.com
About Certicom
Certicom is a leading provider of cryptographic technologies for
computing and communications companies. Vendors of electronic commerce and
digital communications products are integrating and deploying Certicom's
technology across a wide range of operating environments and devices to build
the strongest, most efficient security into software, smart card and wireless
applications. As information security architects, Certicom's team of
cryptographers, engineers and developers provide comprehensive OEM solutions,
from advanced cryptographic implementations to consulting for systems
integration and development support. Certicom's cryptographic research and
product development is based in Toronto, Canada, with sales and marketing
operations in San Mateo, CA. Certicom shares are traded on the Toronto Stock
Exchange under the symbol ''CIC''. Visit Certicom's web site at
www.certicom.com.
This press release may contain forward-looking statements relating to
Certicom. Among the important factors that could cause actual results to
differ materially from those indicated by such forward-looking statements are
delays in product development, undetected software errors and bugs,
competitive pressures, technical difficulties, market acceptance, changes in
customer requirements and general economic conditions. Certicom is a
registered trademark of Certicom Corp. All other companies and products listed
herein are trademarks or registered trademarks of their respective holders.
%SEDAR: 00003865E
-0- 03/10/98
For further information: please contact: Kim Morningstar, Corporate Communications
Manager, Certicom Corp., Tel (905) 507-4220 or 1-800-561-6100 (in the U.S.),
kmorning@certicom.com; Jeyran Ghara, Southard Communications, Inc., for Diversinet, Tel
(212) 777-2220, jeyran@southardinc.com; Carolyn Federman, A&R Partners for Certicom, Tel
(650) 363-0982, x223, cfederman@arpartners.com; Nagy Moustafa, Diversinet Corp., Tel
(416) 756-2324, ext 310, nmoustaf@dvnet.com |
