Diversinet Announces Shares for Debt Transaction



    TORONTO, June 30 /CNW/ - Diversinet Corp. (TSX Venture: DIV, OTCBB:
DVNTF), a leading provider of secure application platforms for the mobile
world, today announced it intends to satisfy certain CEO compensation through
the issuance of common shares ("Common Shares") of Diversinet (the "Shares for
Debt Transaction").
    In April 2008, Diversinet's CEO, Mr. Wahbe entered into a three year
employment agreement. Mr. Wahbe's salary is payable through the issuance of
Diversinet common shares. Disinterested shareholders approved the issuance at
the June 26, 2009 AGM. The Compensation Committee of the Board of Directors of
Diversinet has resolved to satisfy the amounts owing to Mr. Wahbe for Q2 2009,
being $28,125, through the issuance of 75,000 Common Shares at a deemed price
of $0.375 per share.
    The Shares for Debt Transaction is subject to approval of the Shares for
Debt Transaction by the TSX Venture Exchange and compliance with applicable
securities laws.

    About Diversinet

    Diversinet Corp. (TSX Venture: DIV, OTCBB: DVNTF) is a leading provider
of secure application platforms for the mobile world utilizing wireless
authentication and access solutions that secure the personal identity,
transactions and data of consumers over almost any mobile phone or handheld
device. Diversinet's reliable, end-to-end MobiSecure Wallet and Vault products
provide global, secure and cost effective applications to mobilize personal
health records, financial services transactions and identity protection
management. Connect with Diversinet Corp. 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 anticipated future revenues of the company and 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 and Canadian securities regulatory authorities available at
www.sedar.com.




For further information:

For further information: Diversinet Contact: David Hackett, Chief
Financial Officer, (416) 756-2324 ext. 275

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Diversinet Corp.

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