By GlobeNewswire, October 02, 2013, 07:00:00 AM EDT
Company Targets Commencing Next Series of Installs in Late October
OTTAWA, Oct. 2, 2013 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI) ("Validian" or the "Company"), the first-to-market with the next generation of cyber security technology for the management and protection of digital information, data and assets, today announced that its current meetings in Europe with application developers and solution providers to the Government, Defense, Banking and Health sectors are resulting in significant demand for installations of Validian's technology, which will enable them to develop and roll out the first secure mobile and web applications to these crucial sectors.
Bruce Benn, Validian President and CEO, commented, "Recent revelations confirming the wide spread and systematic hacking and stealing of sensitive digital information from the mobile and non-mobile devices of European governments and major corporations have made these entities and their providers very receptive to Validian's next generation of cyber security. Application developers and solution providers recognize that best-of-breed security measures are no longer enough and only a "top-down" approach employed in conjunction with existing "ground up" cyber security technology can completely secure the digital information stored, accessed and transferred on these devices to prevent further loss. We are extremely enthused by their recognition of and demand for our technology, and look forward to utilizing these field experts to further evaluate, validate and eventually service and secure these sectors."
Validian currently is scheduling to undertake a series of 10 installations of its Validian Core Technology Platform (CTP 2.1) in both North America and Europe. This series of installations is expected to commence in late October and continue through the remainder of 2013. These installations will provide Validian's customers and channel partners the opportunity to evaluate and validate Validian's technology and to develop a plan for roll out through their respective organizations.
About Validian Corporation
Validian Corporation (OTCQB:VLDI) is first-to-market with next generation cyber security technology that provides secure access, transfer and storage of digital information on wired, wireless and mobile networks over the Internet. Validian technology enables the next generation of secure Cloud Computing, Cloud Storage, Distributed Computing and Web Application and WebPortal Access and Usage for desktop & laptop computers, servers, tablets and SmartPhones.
The Company provides solutions that can be customized to the client's business process to ensure end-to-end authenticity, integrity and custody of high value digital assets. Validian is a U.S. public company with offices in the U.S. and Canada. Visit www.Validian.com for more information on its digital asset solutions.
Safe Harbor Statement
Investors should carefully consider the information contained in this news release before making an investment in the shares of the company. Information contained in this news release contains "forward looking statements", which can be identified by the use of forward-looking terminology such as "believes," expects," "may," "should," or "anticipates" or negative thereof or given that the future results covered by such forward -looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements.
Bruce Benn, CEO and President
Source: Validian Corporation