This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Validian Provides Update On Past Year's Progress

OTTAWA, Dec. 18, 2012 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI), a developer of software based solutions for the management and protection of digital information, data and assets, today issued an update on a series of developments occurring at the Company during the past 14 months, which included: 
  • 4 installations of ValidianProtect 2.0, which provided valuable feedback from usage and testing;
  • verification and validation of the speed of integrating Validian wherein developers have been able to integrate ValidianProtect version 2.0 into some sophisticated applications in less than 4 days, whereas it had previously taken more than 6 months to integrate SSL into the same code base;
  • verification that Validian has the only technology to do secure peer-to-peer transmissions; and
  • verification that Validian is ideal for preventing man-in-the-browser attacks that are plaguing every online banking application in the world today.

These installations, usage and testing of ValidianProtect 2.0 have been instrumental in Validian's design and architecture for version 2.1, which extends Validian's platform to securely enabling web applications and to multi mobile platforms enabling tablets and smartphones to securely access and use web applications and the Cloud.

Furthermore, these installations have resulted in sales and pre-paid revenues exceeding $500,000, which Validian expects to be able to recognize as revenues when it delivers ValidianProtect 2.1 to these channel partners and customers. Validian also has generated a number of additional installation requests, including collaborating on the development of some specialized Validian-enabled solutions.   

The onslaught of cyber attacks against major organizations continues unabated, including hacking and theft of valuable digital information through breaches of mobile networks and web applications, like online banking. Validian enables businesses and governments to prevent, not just detect, these cyber attacks, to access and transfer valuable digital information through any networks, and to ensure that this valuable information is protected throughout mobile networks, web applications and the Cloud.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TSLA $212.97 -4.30%
YHOO $36.96 2.70%
AAPL $93.00 -0.66%
FB $117.60 -0.39%
GOOG $700.95 0.75%


Chart of I:DJI
DOW 17,617.67 -33.59 -0.19%
S&P 500 2,050.82 -0.30 -0.01%
NASDAQ 4,724.2070 -1.4320 -0.03%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs