DIVERSINET LICENSES MOBILE-BASED STRONG
AUTHENTICATION TECHNOLOGIES TO RSA SECURITY
License agreement to develop soft tokens for a wide range of mobile devices and PC
platforms along with integrated provisioning services and soft token lifecycle management
RSA CONFERENCE - San Jose CA., February 14, 2006 - Diversinet Corp. (OTCBB:
DVNTF), a leading provider of mobile-enabled personal authentication and security solutions,
today announced that RSA Security Inc. has entered into a license agreement under which
Diversinet will provide mobile device- and PC-based software tokens and integrated
provisioning services. The agreement includes licensing, development and revenue-sharing
components that will result in revenues of a minimum of $2.2 million to Diversinet over three
years.
Under this commercial agreement, the Diversinet MobiSecure soft token suite and
Diversinet's MobiSecure Authentication Service Center (MASC) will be integrated into RSA
Security's products and services, enabling the downloading, provisioning, and management of
RSA Security's mobile and PC-based soft tokens.
"Diversinet is very excited to be adding a market leader like RSA Security to the growing list
of distribution partners who will leverage Diversinet's MobiSecure soft tokens and services,"
said Nagy Moustafa, CEO of Diversinet. "We are pleased that this agreement will result in
immediate revenues to Diversinet."
"Our license and integration agreements bring RSA Security's industry-leading authentication
solutions together with Diversinet's extensive knowledge and experience in the mobile space
to provision software tokens over the air to a breadth of mobile devices," said Toffer
Winslow, vice president of product marketing and management at RSA Security. "We expect
that many customers will want to leverage existing mobile devices, and this strategic
partnership will allow us to deliver to the greatest number of mobile devices possible."
Many analysts predict that 2006 will be an important year in the security market as financial
institutions look for cost-effective security solutions to meet regulatory directives such as the
FFIEC guidance to U.S. banks, and large corporations look to meet the growing expectations
of their customers to be protected from online fraud and identity theft. Soft tokens running on
mobile devices and PCs help companies protect their users' identities and secure consumer
internet banking, online transactions, and remote online access.
# # #
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forwardlooking
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 forwardlooking
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.
NOTE TO EDITORS: The Diversinet/RSA Security solution will be demonstrated at the
RSA Security booth (Booth 523) 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.