Diversinet Receives U.S. Patent For Securely Storing Information On A Mobile Device
Anti-Cloning Encryption Method Protects Sensitive Healthcare and Other Data; Patent Enriches Diversinet's Intellectual Property Portfolio
TORONTO, Nov. 2, 2011 /PRNewswire/ - Diversinet Corp. (TSX Venture: DIV, OTCBB: DVNTF), a leader in "Connected and Protected" mobile healthcare communications, was awarded a U.S. patent for an encryption method that addresses growing concerns about protecting sensitive personal data stored on a mobile device.
U.S. Patent # 8,051,297, "A Method for Binding a Security Element to a Mobile Device," covers the security of information on a mobile device, such as a smartphone or tablet.
The patented technology prevents unauthorized access to the data on a mobile device via encryption and prevents access to the information if it is transferred to another mobile device. Notably, unlike other methods, it uses characteristics of a mobile device's unique identity, such as its serial number, to create the encryption passkey.Diversinet has integrated the patented solution into its MobiSecure ® mobile healthcare (mHealth) products, which help healthcare organizations quickly and cost-effectively deploy HIPAA-compliant mHealth applications anytime, anywhere on mobile devices. The technology can also benefit financial services, government organizations and other industries that require information to be stored securely on mobile devices. Mobile industry analysts estimate that more than 50 percent of the U.S. population will have smartphones at the end of 2011 and that number will grow to more than 70 percent by 2013. For mHealth, the patented technology offers added security and flexibility, enabling healthcare payers and providers to rely on accurate, current information that patients carry on their mobile devices. The information is accessible even when patients temporarily do not have network coverage. With this award, Diversinet's intellectual property portfolio includes 16 patents in the U.S., Canada and Israel, with 32 patent applications pending. "Our technology creates a highly secure information source on mobile devices, while providing our customers a patent-protected product," said Diversinet Chairman and CEO Albert Wahbe. "We believe both of these aspects inherently increase the value of our company, particularly in the current environment of patent stockpiling and litigation related to mobile communication technology." About Diversinet Diversinet Corp. (TSX Venture: DIV, OTCBB: DVNTF) provides patented and proven secure products that enable healthcare organizations to rapidly deploy HIPAA-compliant mobile healthcare (mHealth) applications to anyone, anytime, anywhere, on mobile devices. Diversinet's MobiSecure ® application addresses the increasing need for secure messaging, as well as safe, convenient, on-the-go storage and sharing of personal health data. Learn more about how Diversinet is delivering "Healthcare. Connected and Protected" at www.diversinet.com. The Private Securities Litigation Reform Act of 1995 and Canadian securities laws provide a "safe harbour" 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 the 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 a nd Canadian securities regulatory authorities available at www.sedar.com . The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV