NEWS FOR IMMEDIATE RELEASE:
SK INFOSEC SELECTS DIVERSINET TO PROVIDE SOFT TOKEN SOLUTIONS TO THE KOREAN MARKET


Diversinet Enters One of World's Most Advanced Mobile Telecommunications Markets


TORONTO, Canada, April 12, 2006 - Diversinet Corp. (OTCBB: DVNTF), a leading provider of mobile-enabled personal authentication and security solutions, today announced a partnership agreement with Infosec Co., Ltd., a leading Korean global e-security integrator and an affiliate as well as a security partner of the SK Group ("SK Infosec"), to distribute Diversinet's OATH-compliant MobiSecure software tokens and MobiSecure Authentication Service Center (MASC) provisioning service in Korea. SK Infosec will market Diversinet's products and services both within the SK Group family of companies and to the Korean market at large.

This agreement is a further step in Diversinet's efforts to build a global distribution network by partnership with leading security services providers in various countries and vertical markets. Korea is one of the most "mobilized" countries in the world, and Diversinet will work with SK Infosec to customize its products and services specifically for the Korean market. SK Infosec will license those products and services for sale in Korea. The first markets to be addressed will include Korea's burgeoning gaming and mobile commerce markets.

"After reviewing multiple suppliers, we selected Diversinet's MobiSecure products and services because of the wide range of devices supported and their innovative provisioning capability," said Jae Mo Park, CEO of SK Infosec. "SK Infosec has a history of building strong partnerships with leading security technology providers, and we are pleased to have reached this agreement with Diversinet to distribute their best-of-breed security solutions to the Korean market."

"Diversinet is excited to have SK Infosec join our expanding roster of distribution partners, and we look forward to working closely with them to quickly introduce MobiSecure products and services to the Korean market," said Nagy Moustafa, CEO of Diversinet. Diversinet provides cost effective, mobile-optimized strong authentication products and services that reduce identity theft and improve brand trust. Diversinet's solutions leverage more than 2.5 billion consumer and enterprise mobile devices as strong authentication tokens. Diversinet's MobiSecure suite of mobile tokens and MASC offerings are available on all intelligent mobile device platforms, including Microsoft, RIM, Symbian, Palm and Java-based phones, as well as personal computers running the Windows operating system.

About SK Infosec

SK Infosec is part of SK Group., Korea's third-largest company which includes SK Telecom, OKCashbag loyalty service, IT consulting and network services and a broad range of trading, manufacturing and shipping interests. SK Telecom is the 14th largest wireless operator worldwide and the leading wireless operator in Korea, with approximately 52 percent market share and 19.5 million subscribers. SK Infosec is one of the limited number of organizations in Korea that is a certified information security consulting provider and has extensive experience in customizing software for the demanding and highly-regulated Korean information systems market.

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Diversinet and SK Infosec Partner to Bring MobiSecure Solutions to Korea Page 3 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 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.

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