(EMAILWIRE.COM, September 10, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of ‘Diversinet Corp. (DVNTF), AllOne Mobile Corp. Extend Partnership in Mobile Health Information Market’

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Diversinet Corp. (DVNTF), AllOne Mobile Corp. Extend Partnership in Mobile Health Information Market

"Toronto-based Diversinet Corp. recently signed a five year, $40 million license and revenue sharing agreement with AllOne Mobile, expanding the two companies' successful partnership in the mobile health information market. The exclusive worldwide license and revenue share agreement, which replaces Diversinet's agreement with AllOne in August 2007, was signed to cross license certain software and to share revenues from the secure mobile access to personal health records and information…

"Under the agreement, Diversinet will receive up to $39.5 million as a minimum commitment from AllOne. Diversinet also completed a $500,000 statement of work for AllOne, bringing the combined total to $40 million. Diversinet and AllOne will continue their efforts with health plans and other customers in the mobile personal health record and information market. Both companies are also given certain termination rights…

"With its mission to shape the future of mobile applications by building on its unique blend of wireless and security expertise, Diversinet creates a secure platform for enabling its customers to deliver innovative mobile consumer and business applications. The company has 11 patents and 17 patent applications for innovative authentication and security technologies…"

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Source: BeaconEquity.com

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Jeff Bishop, (469)-252-3505
press@beaconequity.com

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