HEALTH CARE TECHNOLOGY INDUSTRY

diversinet corp (DIV:Venture)

Last C$0.05 CAD

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Symbol

Exchange

DVNTF:US

DIV:CN

Venture

As of 12:12 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).

diversinet corp (DIV) Snapshot

Open C$0.05		Previous Close C$0.05
Day High C$0.05		Day Low C$0.05
52 Week High 06/8/12 - C$0.19		52 Week Low 04/1/13 - C$0.04
Market Cap 2.0M		Average Volume 10 Days 2.5K
EPS TTM --		Shares Outstanding 43.5M
EX-Date --		P/E TM --
Dividend --		Dividend Yield --

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diversinet corp (DIV) Details

Diversinet Corp. provides mobile-optimized secure application products, solutions, and services to healthcare organizations to power care coordination through mobility. It provides mobiPublisher, a patented secure application platform that enables organizations to deploy HIPAA compliant mobile healthcare applications. The company’s mobiPublisher products include mClient, a downloadable software application that can retrieve personal information from the publishing manager server and store the personal information on a mobile device or PC for offline use; Publishing Manager, a server-based software component that hosts and manages stored personal information; and mClient SDK, which allows customers and third party developers to build mobile applications, and Publishing Manager API. Its mobiPublisher products also comprise Clinical Communicator Web Portal that enables clinicians to communicate with patients through mobile devices, tablets, and desktops; and mobiSecure, which enables the secure communications between customer mobile applications and backend servers. The company also offers MobiSecure Gateway SDK that provides the security and mobile provisioning functionality necessary to allow developers to meet the stringent healthcare regulatory requirements for offering secure mHealth solutions; and consulting and support services, including product integration, customized engineering support, and training. It markets its solutions directly and through a network of resellers and agents to healthcare and application providers in the United States, Canada, and Asia. The company was formerly known as The Instant Publisher Inc. Diversinet Corp. was founded in 1993 and is headquartered in Toronto, Canada.

Detailed DIV:CN Company Description...

www.diversinet.com

26 Employees
Last Reported Date: 03/4/13

Founded in 1993

diversinet corp (DIV) Top Compensated Officers

Dr. Hon Pak

Chief Executive Officer and Director

Age: 48

Total Annual Compensation: C$358.2K

Mr. David Hackett

Chief Financial Officer, Principal Accounting...

Age: 47

Total Annual Compensation: C$190.0K

Mr. David Annan

Chief Technology Officer

Total Annual Compensation: C$200.0K

Mr. Hussam Mahgoub

Senior Vice President of Corporate Developmen...

Age: 61

Total Annual Compensation: C$152.0K

Executives, Board Directors

Compensation as of Fiscal Year 2012.

diversinet corp (DIV) Key Developments

Diversinet Corp. Announces Resignation of Alan Portela as Director

Apr 26 13

Diversinet Corp. announced that on March 1, 2013 Mr. Alan Portela resigned from the company's board of directors.

Diversinet Corp. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2013

Apr 26 13

Diversinet Corp. announced unaudited earnings results for the first quarter ended March 31, 2013. Revenues for the first quarter were $304,000, compared to $282,000 in the same period a year ago. Deferred revenues for the first quarter were $110,000, compared to $134,000 in the same period a year ago. Net loss in the first quarter was $989,000 or $0.02 per basic and diluted share, compared to a loss of $1.4 million or $0.03 per basic and diluted share in the same period a year ago. First quarter 2013 net loss included non-cash items of $65,000 in stock-based compensation, $10,000 in depreciation, and a foreign exchange loss of $20,000. This compares to non-cash items in the same year-ago quarter of $135,000 in stock-based compensation, $15,000 in depreciation, and a foreign exchange loss of $7,000. Loss before the undernoted was $970,428 against $1,425,108 a year ago. Cash used in operations was $873,050 against $1,224,178 a year ago. Purchase of property and equipment was $2,514 against $5,449 a year ago.

Diversinet Corp. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012

Mar 4 13

Diversinet Corp. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenues of $362,000 compared to $382,000 in the same year-ago period. Net loss was $1.1 million or $0.03 loss per share, compared to $1.7 million or $0.04 loss per share the year-ago quarter. The net loss included non-cash items of $34,000 in stock-based compensation expense, $14,000 in depreciation, and a foreign exchange loss of $18,000. This compares with non-cash items in the year-ago quarter of $154,000 in stock-based compensation expense, $16,000 in depreciation, and a foreign exchange loss of $52,000. For the year, the company reported revenue of $1,514,639 against $1,291,714 a year ago. Net loss for the year and comprehensive net loss was $4,367,955 against $5,536,595 a year ago. Basic and diluted loss per share was $0.10 against $0.13 a year ago. Cash used in operations was $4,235,927 against $5,004,139 a year ago. Purchase of property and equipment was $9,769 against $89,285 a year ago. Included in the full-year net income were non-cash items of $292,000 in stock-based compensation, $55,000 in depreciation, and a foreign exchange loss of $28,000. This compares with non-cash items in 2011 of $670,000 in stock-based compensation, $63,000 in depreciation, and a foreign exchange loss of $32,000.