Here's the news....
Thursday December 3, 8:33 am Eastern Time
Diversinet announcement/Gemplus deal
(Full text of press release from Canada NewsWire)
Diversinet and Gemplus(R) announce joint relationship
Companies to Focus on Securing Transactions
For Digital and Interactive TV Providers
TORONTO, Dec. 3 /CNW/ - Diversinet Corp. (NASDAQ Small Cap: DVNTF; CDN: DVNT) a leading technologies provider for authentication and authorization security for digital communications and electronic commerce over corporate networks, the Internet and telecommunications systems, today announced that it will align with Gemplus, the world's leading provider of plastic and smart card-based solutions, to target companies looking to secure on-line communications and e-commerce transactions for Digital and Cable TV providers over the internet. Just recently, Gemplus announced that it will work with Microsoft, (NASDAQ: MSFT) as a partner, to develop applications using the company's new operating system and expects to license Smart Cards for Windows(TM).
At Gemplus we strive to leverage technologies available that best help us meet our ever-evolving customers' needs,'' said Donna Jeker, Vice President of Strategic Alliances and Partnerships at Gemplus Americas. As a leading provider of smart card-based network security solutions, Gemplus wants to be in a position to serve market demand and this alliance with Diversinet will help us fulfill our objectives in Cable and Digital TV.''
With a truly remarkable record in leadership, Gemplus has successfully penetrated the smart card solutions marketplace. We are very excited to be aligned with such an innovative, cutting-edge worldwide company,'' says Mr. Nagy Moustafa, President and CEO of Diversinet. He continued, This relationship enhances the exposure of our security solutions namely to those seeking to secure e-commerce transactions in Cable and Digital TV.''
About Diversinet Corp. (www.dvnet.com) is a leading provider of Digital Certificate management tools and a developer of public-key infrastructure (PKI) technology required for corporate networks, Intranets, and the Internet for electronic commerce. Diversinet's PKI technology offers diverse security authentication applications that are easy to use, operate efficiently and offer flexible implementation.
About Gemplus (www.gemplus.com) is the world's leading provider of plastic and smart card-based solutions. Gemplus sells magnetic stripe cards, memory and microprocessor-based smart cards, smart contactless cards, electronic tags and smart objects. The company designs and markets software, development tools and readers. Gemplus also provides consulting, training and personalization services to deliver the industry's most comprehensive and flexible card-based solutions to its developers, distributors, partners, and customers.
With sales of over US$590 million in 1997, Gemplus employs more than 4,100 people in ten manufacturing facilities, five R&D centers and 41 sales and marketing offices located in 27 countries around the world. Founded in 1988, Gemplus has successfully implemented portable and secure smart card-based solutions to simplify applications such as public and wireless communications, financial transactions, loyalty, transportation, education, healthcare, identity, physical access control, pay TV, electronic commerce, Internet security, logical access control and information technology.
This press release may contain forward looking statements relating to Diversinet. 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. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders.
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