To: leigh aulper who wrote (999 ) 11/3/1999 12:47:00 PM From: leigh aulper Read Replies (1) | Respond to of 1242
new deal Diversinet Signs Intelligent Information Incorporated To Become Public Certificate Authority For Wireless SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 3, 1999-- (NASDAQ:DVNT) (CANADIAN DEALING NETWORK:DVNT.) Wireless Portal Innovator to Use Diversinet Technology to Become Public CA for Smart Phones Diversinet Corp. (NASDAQ Small Cap: DVNT, CDN: DVNT), a leading provider of security solutions for wireless e-commerce, today announced at Wireless IT '99 that Intelligent Information Incorporated ("III") is licensing the Diversinet Passport Certificate Server to enable III to become a Public Certificate Authority for Smart Phones and pagers. The arrangement will provide Diversinet with ongoing recurring revenue. III's services allow digital wireless customers to receive a wide range of news and information through a cell phone or pager. Subscribers go to a Web site to select their personal news and information preferences and decide how they want to receive their wireless updates. III has partnered with numerous PCS and cellular carriers, paging carriers and a variety of content providers, offering hundreds of thousands of users valuable applications and information via wireless. Some of the largest Cellular, PCS and Paging carriers on the continent are among the companies that distribute III's services to their subscribers under the "Powered by iii" sub-brand. Both Diversinet and III will engage in joint marketing efforts to promote the new service. Additionally, III has assumed a leadership position in wireless content distribution through its development of services using Wireless Application Protocol (WAP). WAP is the emerging standard for mobile phone-based wireless Internet services and is supported by over 200 carriers, developers and manufacturers worldwide. III delivered over 10 million personalized messages during the month of July 1999. On most days, III is now delivering more than half-a-million messages to wireless phones and pagers. The inclusion of Diversinet's security solutions in WAP applications, coupled with III's function as a wireless Public Certificate Authority offers end-to-end security to users of WAP browsers on Smart Phones. This partnership with III offers Diversinet the opportunity to open up new channels with III partners. III's partners include Nokia, Phone.com and other WAP development partners. Nagy Moustafa, President and CEO of Diversinet, said, "This partnership marks a critical turning point for the wireless industry. Consumers are increasingly finding that the availability of secure, Internet applications via wireless is necessary for increased productivity and profitability. III's relationships with a number of the leading wireless carriers in North America and its proven track record of creating interactive wireless portals for these wireless providers will enable Diversinet to promote our security technology as the preferred method for securing e-commerce transactions over wireless networks." Stephen G. Maloney, President and CEO of III, said, "Whether it's email or information, the key consumer value of wireless communication is being connected when mobile or otherwise occupied. Adding the benefit of security to the content and commerce solutions Intelligent Information Incorporated offers today provides a vital aspect that will support future growth of this medium. With Diversinet's end-to-end security solution in place, III can deliver secure transactions, a critical component of the types of applications we offer to mobile and Smart Phone users." About Diversinet Corp. Diversinet Corp. (NASDAQ Small Cap: DVNT, CDN: DVNT) is a leading developer of security products based on public-key technology for wireless e-commerce applications, such as banking, stock trading, financial analysis and healthcare databases. Diversinet's innovative Passport(tm) software, including authentication, digital certificates, digital signatures and digital permits, is especially designed for resource-constrained products, such as pagers, wireless phones and smart cards. Diversinet is a WAP Forum member. Web site: dvnet.com . About Intelligent Information Inc. Intelligent Information Incorporated (III) has created more than 20 interactive wireless portals for major North American wireless carriers and new media organizations. Founded in 1991, III is the leading provider of personalized wireless Internet content and consumer e-commerce services to mobile phones, pagers and palmtops. Working with numerous content and distribution partners, III offers customizable text and voice-based services, including news, sports, weather, traffic, and stock quotes, help wireless carriers increase revenue and reduce churn. III's services for Web sites extend the sites' presence beyond the time a user spends online and provide a higher level of "stickiness." Web Site: intelligentinfo.com .