To: kathyh who wrote (35926 ) 5/4/1999 1:00:00 PM From: Junkyardawg Read Replies (1) | Respond to of 90042
CORP.)(DVNT)(DVNT.)Diversinet Teams With EquifaxSecure To Increase Security Of E-Commerce May 4, 1999 12:03 PM TORONTO--(BUSINESS WIRE)--May 4, 1999-- Global E-commerce Leader Chooses Patented Authorization Technology to Provide Enhanced Security Measures Diversinet Corp. DVNT , a leading provider of security solutions for e-commerce, announced today it is forming a strategic partnership with Equifax Secure Inc., the e- commerce solutions division of Equifax, Inc. Together, Diversinet and Equifax Secure are helping to create a new, higher standard of security for Internet e-commerce transactions. Diversinet and Equifax Secure will help more computer users trust the Internet to make e-commerce transactions. Diversinet's authorization technology will enable Equifax Secure to better control and limit what information is accessible by whom. Because Diversinet's technology separates the certificate (authentication) credentials from the permit (authorization) credentials, the integrity of the certificate remains intact, keeping an individual's private information private. As a result, Diversinet's e-commerce solution offers enhanced security solutions for e-commerce over the Internet and other networks. Equifax Secure plans to use Diversinet's Passport permit technology to offer authorization services to its new customers. Integrating Diversinet's technology with Equifax Secure's remote authentication and certificate management services enables the most secure environment possible. Equifax Secure and Diversinet's security solutions will be used to support multiple e-commerce applications, including Consumer Direct: Home Banking, On-line Auctions and Medical Records Access Control; Intra-Enterprise: Single Sign-On and Employee Benefits Management; and Business to Business: Purchasing, Procurement and Supply Chain integration. Nagy Moustafa, CEO of Diversinet, said, "Equifax Secure's e-commerce soluset new standards for security and privacy over the Internet and other networks. This partnership opens up a new channel for us and will allow Diversinet to illustrate the superiority of our permit technology, which has a broad range of applications on the Internet, as well as unique applications such as smart cards, wireless and cable environments." Vijay Balakrishnan, Vice President of Marketing, Equifax Secure, Inc., said, "It is of the utmost importance to any e-commerce solution provider to safeguard the privacy of consumer information and to ensure that it is presented to only those authenticated to see it. Diversinet's permit technology offers us the ability to extend the functionality of digital certificates to include authorizations, adding an additional layer of security to Equifax Secure services." 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. About Equifax Secure Equifax Secure, Inc. provides next-generation e-commerce solutions that enable enterprises to authenticate consumer identity, secure business applications and manage digital certificates for highly secure, private e-commerce over the Internet and other networks. Equifax Secure e-commerce solutions significantly reduce the risk, cost and complexity of assuring the privacy and security of electronic transactions and are available for companies across a wide range of industries. About Equifax Equifax (www.equifax.com) is a worldwide leader in shaping global commerce by bringing buyers and sellers together through its information, transaction processing, consulting and knowledge-based businesses. Equifax, based in Atlanta, serves the financial services, retail, credit card, telecommunications/utilities, transportation, information technology and healthcare industries and government. This press release may contain forward-looking statements relating to Diversinet. Among the important factors that could cause the actual results to differ materially from those indicated by such forward- looking statements are delays in product developments, 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.