Diversinet Demonstrates Secure Mobile Payment Capabilities at 2008
TowerGroup Financial Services Conference
Company Highlights Key Features for Emerging Mobile Financial Application

TORONTO, Canada, May 28, 2008 – Diversinet Corp., a leading provider of secure wireless data platforms, today announced that it will showcase the company’s mobile security solutions for financial services at the 2008 TowerGroup Financial Services Business & Technology Conference and Exhibition, starting today, May 28, and continuing through May 30 in Boston. Participation will provide Diversinet with broad exposure to leading financial institutions and financial services providers, while offering an important opportunity to highlight solutions that will be integral to emerging consumer, small business and corporate financial services.

Diversinet’s demonstrations will be based on the company’s MobiSecure^® Wallet and Vault products, and will highlight secure person-to-person international money transfer, as well as convenient one-time password authentication and the ability to store and access personal identity and privileged information in an electronic safe deposit box.

“We are pleased to have the opportunity to meet with financial services technology leaders at this prestigious conference,” said Lars Graf, General Manager Financial Services at Diversinet. “A new world of mobile financial services applications is emerging, with tremendous potential for changing the ways in which people transact business. A secure foundation will be imperative for helping ensure the success of new products and services and for accelerating broad adoption.”

The 2008 TowerGroup Financial Services Business & Technology Conference and Exhibition runs May 28-30 at the Westin Boston Waterfront Hotel and features respected financial industry keynote speakers and several celebrity guests. Diversinet’s demonstration can be viewed at Booth #11.

About Diversinet:
Diversinet Corp. (OTCBB: DVNTF) 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. Connect with Diversinet Corp. at www.diversinet.com.

The Private Securities Litigation Reform Act of 1995 and Canadian securities laws provide 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 available at www.sec.gov and Canadian securities regulatory authorities available at www.sedar.com.