TORONTO, Canada, September 24, 2007 – Building upon its technology alliance with SanDisk®, Diversinet Corp. (OTCBB: DVNTF), a leading provider of wireless data application and security infrastructure products and services, today announced it will join the SanDisk Enterprise Solutions Technology Alliance (SESTA). SESTA gives members the opportunity to test the compatibility of their products with secure portable solutions from SanDisk, a leader in personal storage devices.
“Diversinet is a welcome addition to the distinguished roster of SESTA members,” said Ella Taran Katz, senior manager for business development in the Enterprise Division at SanDisk. “Enterprise IT managers will have a new level of comfort in knowing that Diversinet and SanDisk products work together without having to worry about conflicts or incompatibilities.”
“One of the greatest IT security threats facing businesses today is the proliferation of inexpensive, uncontrolled and highly portable storage devices,” said Stuart Vaeth, chief security officer for Diversinet. “Our MobiSecure one-time-password soft token and provisioning technologies, combined with SanDisk’s secure devices, will offer an effective solution for protecting corporate data.”
SanDisk’s flagship secure device is the Cruzer Enterprise high-speed USB flash drive with mandatory password protection and 256-bit AES hardware-based encryption. Data stored on Cruzer Enterprise has virtually ironclad protection against access by unauthorized users if the drive is lost or stolen. Diversinet intends to offer its MobiSecure soft token technology for SanDisk Cruzer USB flash drives in the future. More information on Cruzer Enterprise and SESTA is available online (www.sandisk.com/sesta).
MobiSecure strong authentication products are fully automated, conform to industry standards and are designed to be easy to deploy and use for high-volume Internet or wireless based user identity security. MobiSecure one-time-password soft tokens operate on mobile phones or personal computers and can also be embedded into microchip or smart card technologies.
About Diversinet
Diversinet Corp. (OTCBB: DVNTF) is a leading provider of wireless data application and security infrastructure products and services that secure the personal identity, transactions and data of consumers over almost any mobile phone or handheld device. Diversinet’s reliable, end-to-end OTP (one-time password) solutions enable cost-effective strong authentication and instant and secure access to critical personal records, helping businesses reduce identity theft, expand customer offerings, increase revenues and comply with regulations. Connect with Diversinet Corp. at www.diversinet.com.
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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 is made pursuant to the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation and are subject to important risks, uncertainties and assumptions 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 (including its annual report and financial statements) with the Securities and Exchange Commission and SEDAR.
Contacts:
Diversinet Investor Relations
David Hackett Erin Hegarty
Chief Financial Officer The Equity Performance Group
416-756-2324 ext. 275 617-723-2225
dhackett@diversinet.com erin@equitypergp.com
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SanDisk, the SanDisk logo and Cruzer are trademarks of SanDisk Corporation, registered in the U.S. and other countries.
