OTTAWA, Nov. 9, 2010 (GLOBE NEWSWIRE) -- Validian Corporation, (OTCBB:VLDI), a world wide leader in the software based policy management and protection of digital information and assets is pleased to announce a confirmed sale of its Validian Protect product. The customer, a U.S. based IT / Accounting Services company, has requested to remain anonymous at this time due to its focus on U.S. Government and large corporate IT contracts. Validian has received an initial payment of $156,000 USD as a license fee for the installation of its Validian Protect server plus support for 100 user seats. Validian expects this initial sale will expand to support more than several thousand user seats, and ultimately lead to additional sales to the clients of this Regional IT / Accounting firm.
Validian Announces Sale To U.S. Regional IT Company
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.