To: Frank Ferrari who wrote (2302 ) 11/16/1999 11:47:00 AM From: Ron Schier Respond to of 4913
Globle and Mail ~ story ~ CIC, SW, DVNT & others in it. COMDEX moving wireless. ie Applies to: DVNT RIMM ZION) (DVNT.) Diversinet Signs Digital Signature Trust to Provide Certification Authority -CA- Services for Research In Motion's Wireless E-commerce Enabling Devices WASHINGTON, Nov 16, 1999 (BUSINESS WIRE) -- (NASDAQ:DVNT) (CANADIAN DEALING NETWORK:DVNT.) Large Internet Certification Authority Extends Services to Wireless Transactions Diversinet Corp. (NASDAQ Small Cap: DVNT)(CDN: DVNT), a leading provider of security solutions for wireless e-commerce, today announced that Digital Signature Trust (DST), the first licensed certification authority (CA) in the U.S., will extend their existing CA infrastructure to provide CA services for wireless e-commerce applications using Diversinet's PASSport(tm) security products. This agreement marks the first time that DST, a highly recognized CA service provider, extends their CA services to the wireless e-commerce user community. When customers first register a RIM wireless handheld device including the RIM Inter@ctive(tm) Pager 950, RIM 850 and BlackBerry(tm) Handheld, they will be issued "user digital certificates" from DST. In addition, DST will manage these certificates and the ones embedded in the device by the manufacturer. Diversinet's security technology lets RIM device users, for example, make secure stock trades over the Internet without the need to find a PC terminal with an Internet connection. DST's digital certificates, based on Diversinet's technology, identify users online, assuring all parties involved that a trade is authentic to the certificate's owner. This process is a step beyond mere encryption of the message. The arrangement will provide Diversinet with ongoing recurring revenue. Nagy Moustafa, President and CEO of Diversinet, said, "Digital Signature Trust's entrance into the wireless space marks an important step forward for the future of wireless e-commerce. By extending its' CA services to the wireless e-commerce community, DST can offer clients an end-to-end security solution regardless of whether the network is wired or wireless. High levels of security are necessary to grow the wireless industry, and clearly Diversinet and DST, along with RIM are leading the way." J. Scott Lowry, President and CEO of DST, said, "It is exciting for Digital Signature Trust to be in on the ground floor of an amazing revolution in the world of communications. Wireless devices are fast becoming the next must-have communications tools, and secure e-commerce communications are vital in order for the wireless industry to grow." Jim Balsillie, Chairman and Co-CEO at Research In Motion, said "With the enabling of DST as a Certification Authority for wireless e-commerce, our user community can extend the level of security in their wireless e-commerce applications and use the CA services of a well respected service provider." 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 and wireline 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, PDAs, wireless phones and smart cards. Diversinet is a WAP Forum member. Web site: dvnet.com . About Digital Signatures Trust Co. Digital Signature Trust Co. is a subsidiary of Zions First National Bank and is the first licensed Certification Authority in the U.S. DST