Monday, May 29, 2006

location based services

Diversinet Corp. (OTC Bulletin Board: DVNTF), a leading provider ofmobile-enabled personal authentication and security solutions, and ECONZWireless, a leading global developer of mobile software solutions forbusiness and consumer markets, today announced a partnership agreement. Theagreement allows ECONZ Wireless to integrate and extend the MobiSecure BREWclient into current and future ECONZ Wireless applications for saleworldwide through ECONZ Wireless mobile carrier partners. Also in progress is the development of BREW extension for two-factorauthentication with Location Based Services (LBS). This extension willallow developers of BREW applications to bring a new level of security anduser authentication to their products. Applications for this technologyinclude e-commerce, mobile banking, mobile wagering and mature age content. "The increased security offered by Diversinet MobiSecure soft tokensopens a new array of exciting application possibilities for ECONZ," saidMichael Hartley, CEO of ECONZ Wireless. "By broadening our range ofapplications to include strong authentication, carriers will be able toincrease usage of their wireless data networks and ARPU through downloads,purchases and network-connected applications." "We are very excited about working with ECONZ as we add BREW to ourlong list of supported mobiles device platforms," said Nagy Moustafa, CEOof Diversinet. "ECONZ Wireless' mobile applications and their users willnow be able to benefit from the strong user authentication Diversinet'sMobiSecure soft tokens deliver." The BREW solution supports today's business and technology requirementsfor rapid deployment of wireless data applications services. The BREWsolution is currently being delivered through 65 carriers worldwide, and bythe end of 2006 there are expected to be over 266 million BREW-enabledwireless devices. The BREW solution enhances the wireless experience forconsumers and creates new services and revenue streams for the mobilemarketplace. Major mobile carriers around the world who leverage the BREWsolution include Verizon Wireless, KDDI, China Unicom and O2. About Diversinet Diversinet is a leading provider of mobile-enabled personalauthentication and security solutions for the wireless world. The company'ssoftware and services protect a user's identity and provide secure accessfor new, innovative consumer and business applications using a variety ofmobile phones, Personal Digital Assistants (PDAs) and personal computers.Diversinet's highly scaleable, open mobile security platform enablesenterprises and service providers to rapidly develop, deploy and managenext-generation wireless security services that leverage the more than 2.5billion mobile devices and PCs deployed today. The Diversinet MobiSecuresuite of mobile tokens and MASC offerings are available on all intelligentmobile device platforms, including Microsoft, RIM, Symbian, Palm, BREW andJava-based phones, as well as personal computers running the Windowsoperating system. Connect with Diversinet Corp. at http://www.diversinet.com. About ECONZ Wireless ECONZ Wireless is a leading global developer of mobile softwaresolutions for business and consumer markets. With an outstanding wirelesspedigree and exceptional products, the company is helping to drivewidespread implementation of mobile applications that entertain consumersand increase business user productivity and efficiency. ECONZ Wireless is a QUALCOMM BREW Select Developer and markets itsproducts internationally in North America, South America, the UnitedKingdom and Australasia. Some ECONZ Wireless products are sold in theUnited States exclusively through a Verizon Wireless National JointMarketing Agreement (JMA). ECONZ Wireless is based in Orange County,California, and is located at 3900 Birch Street in Newport Beach. For moreinformation on ECONZ Wireless and its products, go to http://www.econz.com or call1-866-57- ECONZ. Product screen shots available upon request. The Private Securities Litigation Reform Act of 1995 provides a "safeharbor" for forward-looking statements. Certain information included inthis press release (as well as information included in oral statements orother written statements made or to be made by the company) containsstatements that are forward-looking, such as statements relating toanticipated future revenues of the company and success of current productofferings. Such forward-looking information involves important risks anduncertainties that could significantly affect anticipated results in thefuture and, accordingly, such results may differ materially from thoseexpressed in any forward-looking statements made by or on behalf of thecompany. For a description of additional risks and uncertainties, pleaserefer to the company's filings with the Securities and Exchange Commission. Diversinet Contacts: Company Contact: Wally Kowal Vice President, Marketing Diversinet Corp. 416-756-2324 ext. 231 wkowal@diversinet.com

No comments: