Leading Lottery And Gaming Developer Embeds Diversinet’s Secure Mobile Solutions Into its Applications

TORONTO, Canada, November 18, 2003 – Diversinet Corp. (OTCBB: DVNTF), a leading provider of secured mobile solutions, today announced that Spiral Solutions, Ltd. has signed an OEM and marketing agreement to take advantage of Diversinet’s expertise in mobile security by integrating said security solutions into Spiral’s proprietary mobile-based gaming and entertainment solutions, including lottery and gaming applications.

Under the agreement, Diversinet will work closely with Spiral on the development and marketing of Spiral’s applications and the integration of the security needed to deploy them. Spiral has agreed to pay to Diversinet a one-time license fee for the right to use and integrate Diversinet’s security solutions with, and into, its applications. In addition to this one-time licensing fee from Spiral, Diversinet will receive recurring royalty payments on all transactions from applications using Diversinet’s product suite.

Trusted transactions are integral to consumer acceptance of mobile-gaming transactions, and with Diversinet’s Passport suite of secured mobile solutions both the management of the user’s ID and devices involved are enhanced.

Spiral Solutions develops, manages and markets proprietary mobile and internet-based lottery, games and pari-mutual mobile applications. Spiral counts among its many clients a number of leading gaming industry visionaries.

“The Diversinet solution provides an enhanced level of security for our client’s transactions and as we deploy more games, scratch cards and lotteries for access over multiple devices such as cell phones and PDAs, security to guarantee proof of age, legitimacy and non-repudiation is a must,” said Matti Zinder, President & CEO, Spiral Solutions, Ltd.

“The mobile gaming industry is poised to be a key revenue stream for the mobile world,” said Nagy Moustafa, President & CEO of Diversinet. “The market for a leading security solution in the gaming arena is clearly growing and our experience in developing secure applications and solutions puts us in a unique position to be the clear leader in this space. Without proper, efficient security there is no assurance that a transaction is legitimate. Diversinet’s solution provides this legitimacy.”

About Spiral Solutions, Ltd.

Spiral Solutions, Ltd., headquartered in Misgav, Israel, is a world-leader in the design, development, marketing and management of Web- and mobile-based gaming and lottery-style applications. As well, it provides a signature branding, marketing and media-management service designed to provide value to venture-funded, technology startups. About Diversinet Corp. Diversinet is a leading provider of secured mobile solutions to the enterprise, financial services, and gaming and wagering marketplaces. With demonstrated expertise in wireless and security, Diversinet delivers secure, reliable and scalable mobile solutions through security products and professional services such as application development and integration, consulting, training and technical support. Diversinet enables customers and their employees to securely access applications and critical corporate information from anywhere, at anytime and via any mobile device.

Diversinet is headquartered in Toronto, Canada, with offices in Boston, MA; Fremont, California; and Hong Kong, SAR. For more information visit www.diversinet.com.

Don't miss