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Diversinet Corp Issued U.S. Patent For PKI Technology - Unique Technology Secures Ecommerce and Communications Over Wireless, Internet and Cable Networks
TORONTO--(BUSINESS WIRE)--Feb. 2, 1999--Diversinet Corp. (Nasdaq:DVNTF - news; CANADIAN DEALING NETWORK:DVNT.) Diversinet Corp. (Nasdaq Small Cap:DVNTF - news; Nasdaq Small Cap:CDN - news; Nasdaq Small Cap:DVNT - news) a leading provider of digital certificate management tools and developer of public-key infrastructure (PKI) technology, announced today that it has received Patent No. 5,864,667 from the US Department of Commerce Patent and Trademark Office for its Public Key Infrastructure (PKI) Technology (Officially known as an Apparatus and Method for Safe Communications). This method of public key management is the foundation of Diversinet's suite of digital certificate management software.
Unlike other key management solutions, Diversinet's patented PKI system obtains and verifies the validity of certificates through a single step process, providing unparalleled efficiency and simplicity in ecommerce applications and other bandwidth constrained environments.
President and CEO of Diversinet, Nagy Moustafa said, ''Diversinet's patented PKI Technology is particularly well suited for online, internet ecommerce and wireless applications, providing complete privacy and anonymity.'' Moustafa added, ''The fact that our technology is now patented will provide us with additional licensing opportunities that we would have hesitated to explore without the protection of a patent.''
An example of this type of opportunity is evident in the agreement that Diversinet recently announced to license its security technology to Research In Motion Limited for use with their advanced RIM _Inter@ctive Pager.
Mike Wildish, VP of Engineering for Diversinet further explained, ''This patent confirms the uniqueness of our key management process, and in particular the concept of online certificate validation.''
About Diversinet
Diversinet Corp. (www.dvnet.com) is a leading developer of products based on public-key infrastructures and technologies required for corporate networks, intranets and the Internet. Diversinet's proprietary PKI technology offers ease of use, efficient operating and flexible implementation for a wide range of security authentication applications. |
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