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Diversinet Signs Licensing Agreement
With Canada's Largest Independent
Internet Service Provider, GlobalServe Communications
TORONTO--(BUSINESS WIRE)--Sept. 2, 1998--Diversinet Corp. (NASDAQ:DVNTF
- news;
CDN:DVNT), a leading provider of Digital Certificate management tools
and developer of
public-key infrastructure (PKI) technology, today announced that it has
entered into a licensing
agreement with GlobalServe Communications, Canada's largest independent
Internet Service
Provider (ISP).
Under terms of the agreement, Diversinet will supply its Passport
Certificate Server product to
GlobalServe. The company will pay Diversinet a scaled license fee on a
per user basis based on the
quantity of certificates supplied. Due to the competitive nature of the
industry sector, financial terms
have not been disclosed.
''We are excited to be the first ISP to offer Digital Certificate Server
security to support our web
content management, electronic mail and Extranet applications,'' said
Mr. Robin Dua, president &
CEO of GlobalServe. ''GlobalServe has chosen Diversinet's Passport
Certificate Server for the
privacy and integrity of its solution. Diversinet's revolutionary
approach to using digital certificates
separates the authorization credentials into permits distinct from
authentication certificates,'' added
Mr. Dua.
''We are delighted to sign this agreement with GlobalServe, which has an
excellent reputation in the
Internet marketplace,'' said Nagy Moustafa, president & CEO of
Diversinet Corp. ''GlobalServe
exposes Diversinet to a strong customer base that already has the demand
for network security and
we anticipate that this will create more opportunities for Diversinet in
the North American market,''
adds Mr. Moustafa. |
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