Wysdom Inc., a developer of software for Internet services on wireless communications and computing devices, has licensed Diversinet Corp.'s Passport system for digital authentication.
Toronto-based Diversinet's Passport digital certificate system, which wireless companies find attractive because of its processing efficiency, will be incorporated in Wysdom's Wireless Application Server.
The Wysdom system is being applied in several on-line commerce initiatives. For example, Web2PCS.com has adopted the server to develop what could be the first Wireless Application Protocol portal for North Americans. Wysdom's Wireless Jukebox for delivering MP3 music files to mobile devices is being tested by Ericsson Canada Inc.
Diversinet's Passport certificate at the client end has "greatly increased the marketability of our product," said Kashif Hassan, president of Wysdom in the Toronto suburb of Richmond Hill. "Reaching target markets such as the financial sector and other areas where security is paramount is a significant advance and opens a broad scope of potential business."
Diversinet president Nagy Moustafa said, "We are especially optimistic about the worldwide development of wireless portals for such applications as banking and financial services, which could generate additional revenues through our sales of digital certificates." He has predicted that 10 million devices in the market would be using Diversinet certificate technology by 2002.