Diversinet :: Securing identity is our business

Products and Services

What is authentication?

Authentication is a method of confirming the identity of the user, a device or a server.
What are common authentication techniques for user authentication?

Techniques for user authentication are usually broken down into 3 three categories or methods: (1) something a user knows, such as a password or PIN, (2) something a user has, such as a smart card, an ATM card, or a mobile phone--all would have unique identification information or a one-time password; and (3) something that is part of a user, such as a fingerprint or an iris scan (called biometric authentication).
What is strong authentication?

Strong authentication refers to the use of more than just a regular static password with a user id to confirm identity.
What is two-factor authentication?

Two-factor authentication is an enhanced security method with wide spread acceptance. Two-factor authentication is based on something the user knows (a password or PIN), and something a user has (a physical authentication device, a smartcard or a mobile phone, all with unique identification information or a one-time password).
What is a hard token and how is this different from a soft or software token?

A hard token is a dedicated physical device, often plastic covered and the size of a keychain fob. It contains a one-time-password counter mechanism that is synchronized with a remote server for user authentication for use in two-factor authentication. A soft token or software token functions in the same way as the physical hard token and can be contained or embedded in a user's personal device such as a mobile telephone or a personal computer, for two-factor authentication.
Why use two-factor authentication and what types of businesses need this?

Any business that has online users or online user transactions, and is concerned about identity theft most likely has a need for two-factor authentication. According to the Federal Trade Commission, ten million Americans are the victims of identity theft each year. Phishing, keystroke loggers, trojans and other elicit techniques are being used to obtain username and password information, and steal an individual's personal data. According to the same report, the current annual total costs to businesses of identity theft are $50 billion dollars. Regulatory guidelines in industries such as banking require enhanced authentication such as two-factor authentication. Laws in the health care industry pertaining to medical records, now require enhanced or two-factor authentication to protect personal information.
Who are Diversinet's competitors?

In the strong authentication market, for soft/mobile tokens, Diversinet competes with WiKID Systems, Portwise, Deepnet Technologies, ActivIdentitiy, Vasco and RSA Security.

In the authentication market, for secure over-the-air provisioning, Diversinet competes with Giesecke & Devient, Gemalto, Cardinal Commerce, SmartTrust, Nokia, iPass, OpenWave and Sybase.

Diversinet also has OEM and partnership agreements with some of these competitors.
How large is the market for Diversinet's authentication security products?

According to a January, 2005 Janney Montgomery Scott report, the total authentication market, (including tokens, smartcards and biometrics) will reach $6.77 billion in revenue by 2008. The same report estimates the authentication market will grow at a 15% CAGR through 2009, biometrics at 40% CAGR through 2008 and the smartcard market at $7.4% CAGR through 2008.
How many patents does Diversinet have?

Diversinet has been granted 9 patents and has currently applications pending for 19 patents.
With whom does Diversinet have OEM licensing agreements?

Diversinet has partnerships/ agreements with various security, healthcare and financial institutions, including Intersections Inc., AllOne Health Group Inc., JCB, IBM, RSA Security Visa International and Sandisk.

Investor Relations

When was Diversinet founded and incorporated?

In 1997 the company shifted its focus to security software. Diversinet Corp. was originally formed on December 8, 1993 through the amalgamation of The Instant Publisher Inc. with Lombard Consolidated Resources Inc., an Ontario corporation.
What is Diversinet's ticker symbol?

Diversinet's common stock ticker symbol id DVNTF. The company's common shares are traded on the Over the Counter Bulletin Board.
What exchange does Diversinet stock trade on?

Diversinet's common shares trade on the Over the Counter Bulletin Board market under the symbol DVNTF.
How can I get the current Diversinet stock price?

There are a number of different web sites (including Yahoo, MSN® Money and Stockwatch) that provide a 15-20 minute delayed price as well as other information regarding the company.
What are the voting rights for holders of Diversinet?

Each common share entitles the registered holder thereof to one vote at all meetings of shareholders.
Who is Diversinet’s outside legal counsel?

McCarthy Tétrault LLP
Suite 4700 TD Bank Tower
Toronto-Dominion Centre
Toronto Ontario M5K 1E6

Lang Michener LLP
BCE Place, 181 Bay Street, Suite 2500
Toronto, Ontario M5J 2T7

Eaton & Van Winkle LLP
3 Park Avenue
New York, NY 10016
Who is Diversinet’s transfer agent?

Computershare Investor Services Inc.
100 University Ave.
Toronto, ON, M5J 2Y1
Who is Diversinet’s independent accountant?

KPMG LLP Chartered Accountants, Licensed Public Accountant
Yonge Corporate Center
4100 Yonge St. Suite 200
Toronto, ON M2P 2H3
Who do I contact about specific investor relations issues?

David Hackett, CFO
Diversinet
416 756 2324
investorrelations@diversinet.com