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
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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
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