Mobiletech Selects Diversinet’s Wireless Security For Its Mobile Productivity Products
mSuite Integrated Mobile Business Applications Delivers High-Value Information to Mobile Users Across Mobile Channels
ITU Telecom Asia 2002 – Hong Kong SAR, China / Toronto, CANADA – December 3, 2002 – MobileTech Ltd. and Diversinet Corp. (NASDAQ SmallCap: DVNTC), a leading provider of mobile commerce (m-commerce) security infrastructure solutions, today announced that MobileTech has licensed Diversinet’s Passport ONE(tm) wireless security software to secure its mSuite product line.
MobileTech’s mSuite collection of mobile business productivity applications is a comprehensive mobile business solution that systematically delivers customized, high-value information to mobile users with an easy-to-use experience across mobile channels. With crucial business applications such as mLogistics, mBanking and mBills, mSuite allows enterprises to bridge the information gap between headoffice and remote staff, thereby enhancing workflow and increasing overall effectiveness of business operations.
MobileTech is leveraging its strength in the China market and targeting the government, transportation and enterprise industries.
To control access to sensitive information, MobileTech employs Diversinet’s Passport ONE wireless security technology. The inclusion of Diversinet’s security provides an extra layer of security to mSuite applications, raising the standard of data protection.
“In today’s mobile economy, there is an enormous access barrier between enterprise backend information systems and field staff. While the Internet provides a ubiquitous network for a wide array of browser-based desktop applications, mobile staff does not enjoy the same benefits as their wireline counterparts,” said Sam LAM, CEO of MobileTech Ltd. “MobileTech enables enterprises to securely bridge the information gap, enhancing the workflow and increasing overall effectiveness of business operations.”
“With the number of mobile phone users in China at 176 million and climbing, nearly all forecasts indicate that the country will be the fastest-growing wireless market in the short term,” said Nagy Moustafa, President and CEO of Diversinet Corp. “MobileTech’s mSuite is ideally targeted at high-value mobile data users, such as enterprises, government and transportation mobile workers, who will require immediate access to sensitive corporate data, and that data needs to be secure.”
According to Yankee Group analyst Shiv Putcha, China represents a huge opportunity for technology providers. In June 2002, China’s Ministry of Information Industry (MII) reported that 176 million people in China now have wireless phone service, representing an increase of 31.35 million people in the first half of 2002. Industry projections show the total number of wireless users in China will rise to between 350 million and 500 million by 2005.
About MobileTech Ltd.
MobileTech is a mobile solution and service provider who helps to mobilize your business to provide secure information access anywhere, anytime. We have a team of dedicated professionals providing end-to-end secure mobile solutions serving the transportation, Government and corporate industries in Hong Kong and China. To facilitate user provisioning and application deployment, we have a modular management framework, which ensures easy administration together with smooth user experience.
We are actively in the process of enhancing our mSuite line of applications to cover various industries. For more information, please check www.mobiletech.com.hk
About Diversinet Corp.
Diversinet is a leading software developer of advanced security infrastructure solutions for both wired and wireless terminals such as personal computers, mobile phones, PDAs and smartcards. Diversinet’s client/server security software facilitates digital signatures, authentication and encryption with products specifically designed to perform optimally in wireless environments and resource-constrained devices. In October of 2001, Diversinet enabled the launch of the first public Certification Authority in the world to offer mobile individual and business digital certificates for consumer use. For more information visit www.diversinet.com.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking 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.