Market Facts:
Listing: TSX Venture Exchange
Symbol: DIV
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Listing: OTC Bulletin Board
Symbol: DVNTF
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Average Daily Volume: 20,000
Common Shares Outstanding: 45.6 Million (at June 30, 2008)
Corporate Facts:
Established: 1993
Fiscal Year End: December 31
Number of Employees: ~50
Head Office:
Toronto, Canada
Auditors:
KPMG LLP Chartered Accountants, Licensed Public Accountant
Lawyers:
McCarthy Tetrault LLP
Thompson and Knight LLP
Markets:
Industry: Technology
Sector: Mobile Authentication Security and Personal Data Access
Vertical Markets:
- Health Services
- Financial Services & Payment
- Software Security & Authentication
Financial Performance:
| In millions of dollars, except EPS |
2008 actual |
2007 actual |
| Revenues |
$4.6 |
$4.5 |
| Net Income/(Loss) |
($1.9) |
($3.4) |
| EPS |
(0.04) |
(0.09) |
Diversinet Overview
Diversinet is a leading provider of wireless authentication and access solutions that secure the personal identity, transactions and data of consumers over almost any mobile phone or handheld device. Diversinet’s reliable, end-to-end MobiSecure Wallet and Vault products provide global, secure and cost effective solutions to mobilize personal health records, financial services transactions and identity protection management.
Investment Catalysts
- Using Existing Technology
- Mobile devices as a wallet for strong ID
- Convenient OTA Provisioning of credentials
- Vault Access potential for consumer & extended enterprise delivery
- Existing Customers and a Large Addressable Market
- Protecting people from ID theft using strong authentication
- Mobile devices are ubiquitous and ‘persona’ aligned
- A number of signed multi year contracts with industry leaders
- Unique Diversinet Approach and Positioning
- Market timing advantage
- Low cost managed authentication service based model
- Aggressive growth strategy through channel partners
- Expertise with mass market mobile phone users
For more Investor information please view our:
Investor Relations Contact:
David Hackett, CFO
Diversinet Corp.
416 756-2324
Email Investor Relations
Diversinet is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Diversinet’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Diversinet or its management. Diversinet does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.