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

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To: Miles Rhyne Hoffman, CFA who wrote ()4/6/1999 11:04:00 AM
From: leigh aulper  Read Replies (1) of 1242
 
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: Diversinet Corp.

CANADIAN DEALING NETWORK SYMBOL: DVNT
NASDAQ SYMBOL: DVNT

April 6, 1999

Gemplus Executive Joins Diversinet's Board Of Directors

TORONTO, CANADA--Diversinet Corp., a leading provider of secure e-commerce solutions, announced today the addition of Gemplus North American Executive Vice President, Michael Crosno, to its Board of Directors.

Crosno is an experienced executive with a strong background in sales, marketing, consulting services, and distribution strategies. During his 20 years in the Information Technology market, he has developed strategic alliances with companies such as IBM,
Hewlett Packard, Compaq, Oracle, Sun Microsystems, EDS, Andersen Consulting, and many other technology companies. He has also developed new business models that significantly increased revenues and earnings throughout his career.

Nagy Moustafa, President and CEO of Diversinet, said, "We are delighted to have Michael join us at such an exciting time in our company's history. As Michael joins the other members of our Board of Directors, our company is better positioned to achieve
its business plans and become the market leader in security solutions." Mr. Moustafa added, "Michael's proven track record provides Diversinet with the expertise the company needs as we increase our efforts on sales and marketing."

Crosno has attained a wealth of sales and marketing experience over the past two decades. Prior to joining Gemplus, Crosno served most recently as General Manager and Vice President for Eastman Kodak, in the Business Imaging Systems, Americas. He has als
o held positions with ViewStar Corporation, Computer Associates International and CIT Alcatel, Friden Alcatel Division.

"Diversinet has some advanced technology that provides the utmost in security solutions, and I am eager to play whatever role I can to help Diversinet reach its goals. I look forward to adding my years of sales and marketing experience to Diversinet's Bo
ard of Directors," said Mr. Crosno.
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