Diversinet Delivers Consumer-Ready Soft Token Strong
Authentication Solution
Next-Generation MobiSecure Soft Token and Authentication Service
Deliver Breakthroughs in Ease of Deployment, Ease of Use
TORONTO, ON, February 7, 2006 - Diversinet Corp. (OTCBB: DVNTF), a
leading provider of mobile-enabled personal authentication and security solutions, today
announced the release of its next-generation MobiSecure soft token and MobiSecure
Authentication Service Center (MASC). Offering breakthroughs in ease of deployment
and ease of use, Diversinet's MobiSecure system provides the first fully automated, selfservice
system capable of supporting consumer-scale strong authentication rollouts for
online banking, remote online access and secure e-commerce applications.
MobiSecure soft tokens are ideal for widespread, cost-effective consumer
adoption. Users don't need to carry any extra gadgets with them because the token is
already embedded in their cell phone, PDA or laptop computer. Diversinet's OATHcompliant
soft tokens are fully interoperable with OATH-compliant hard token and smart
card solutions. By combining OATH-compliant technologies with robust, automated
over-the-air capabilities, Diversinet's MobiSecure system simplifies provisioning and life
cycle management, and enables vendors, enterprises and service providers to deliver the
most cost-effective soft token solutions to their customers, independent of device,
network and application. For end users, the fully-automated MobiSecure system makes
obtaining, installing and using the soft tokens as easy as point and click.
"Our MobiSecure soft token system is the first to apply the popular Internet
software distribution model to strong authentication tokens, essentially making them selfservice,
which is a positive, disruptive change for the security industry," said David
Annan, chief technology officer of Diversinet. "With our technology, we're able to bring
strong authentication to the mainstream for a variety of mass market applications by
enabling end users to provision, install and use strong authentication themselves."
According to Annan, Diversinet MobiSecure soft tokens and authentication
services also make it much easier for financial organizations to meet the new Federal
Financial Institutions Examination Council security recommendations for two-factor
authentication to reduce account fraud and identity theft when conducting transactions
over the Internet.
The new MobiSecure soft tokens support more platforms and operating systems
than ever before, and the streamlined graphical user interface provides a consistent user
experience across all supported platforms. The soft tokens also feature support for
embedded graphics, enabling issuers to insert their own logos and other branding images
into the token to enhance customer loyalty.
MobiSecure Authentication Service Center
Diversinet's MobiSecure Authentication Service Center has also been enhanced.
In addition to its new automatic over-the-air self registration and enhanced automatic
device detection capabilities, MASC provides a flexible enterprise interface that
simplifies customer life cycle management, such as provisioning, token replacement and
upgrade, and deactivation and removal. MASC enables easier integration with back-end
systems through standard web interfaces, and also offers more options for validation
services.
Availability
Diversinet's next-generation MobiSecure soft tokens and MobiSecure
Authentication Service Center are available now on mobile devices supporting Java,
Symbian, Windows Mobile, Palm and RIM operating systems, on SanDisk
TrustedFlashT memory cards, and on personal computers running Microsoft Windows.
# # #
NOTE TO EDITORS: Diversinet will be in the OATH Pavilion (Booth 843) at the RSA
Conference 2006, February 13-17, McEnery Convention Center, San Jose, California. To
meet with a Diversinet spokesperson, contact Patrick Corman, 650-326-9648 (office) or
650-465-5973 (mobile) or by e-mail, patrick@cormancom.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for
forward-looking statements. Certain information included in this press release (as well as
information included in oral statements or other written statements made or to be made
by the company) contains statements that are forward-looking, such as statements
relating to anticipated future revenues of the company and success of current product
offerings. Such forward-looking information involves important risks and uncertainties
that could significantly affect anticipated results in the future and, accordingly, such
results may differ materially from those expressed in any forward-looking statements
made by or on behalf of the company. For a description of additional risks and
uncertainties, please refer to the company's filings with the Securities and Exchange
Commission.