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Deloitte & Touche, Diversinet Form Strategic Alliance

Diversinet Corp., a provider of authentication and authorization security for digital communications and e- commerce, said it formed a strategic alliance with accounting, tax and consulting firm Deloitte & Touche.

Under terms of the agreement, Diversinet will provide Deloitte & Touche with its Passport Certificate Server product, which issues digital certificates that associate a globally unique identifier to protect user privacy, as well as training for the software and technical support. Financial arrangements were not disclosed.

Deloitte & Touche will provide its clients with consulting and integration services for the Diversinet technology. Both companies will mutually refer their products and services to their client base.

The combination of Deloitte & Touche's security consulting and Diversinet's network security solutions will help satisfy the rapidly expanding e-commerce market, and will address the privacy issues facing many enterprises, the companies said.

"Deloitte & Touche attracts clients that are already seeking security measures for their networks. We are delighted to continually form key alliances that will assist Diversinet in reaching more customers and fulfilling the increasing needs for efficient and confidential network access and transaction security systems," said Nagy Moustafa, Diversinet president and CEO.

"There is a great challenge in protecting the privacy of users, and the integrity of information travelling on public networks, especially in the evolving e-commerce market," said Harry DeMaio, president of Deloitte & Touche Security Services LLC. "Our strategic alliance with Diversinet enables us to offer our clients a scalable and efficient public key technology solution."