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OTTAWA, June 4, 2014 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI), first-to-market with next generation cyber security technology that provides secure access of critical applications and secure access, transfer and storage of digital information on wired, wireless and mobile networks over the Internet, today is pleased to provide an update on the development and commercial roll out its core, disruptive top-down cyber security technology platform, ValidianProtect. The current version 2.1 has been completed, including all features and capabilities for non-mobile and web applications.
Recently, Validian has completed the debugging of bugs in ValidianProtect identified by Channel Partners during usage following a series of installations made by Validian in Q4 2013 and Q1 2014. Validian is now upgrading each of these existing installations with the mutual objective of commencing the integration of ValidianProtect into their applications. Furthermore, Validian's Channel Partner for some major companies, organizations and certain countries in the Defense and Public Safety sectors is now continuing the integration of ValidianProtect into the first of its key applications that are deployed in these sectors.
Moreover, Validian has completed the development and testing of its first 3 phases for the migration of ValidianProtect to mobile platforms, initially for Google Android. Validian has already commenced the development of the final phase, which means Validian is still on target to launch ValidianProtect version 3.0 for mobile on Google Android in Q3 2014 followed thereafter on Mac iOS.
Bruce Benn, Validian President and CEO, commented, "We are very pleased to be making steady progress in installations, integrations into commercial applications and completion to mobile platforms, which will generate installed endpoints that not only generate revenue but also are the basis for transitioning from a pure cyber security technology play to an 'endpoint' play where M&A valuations increase significantly."
About Validian Corporation
Validian Corporation (OTCQB:VLDI) is first-to-market with next generation cyber security technology that provides secure access of critical applications and 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 Mobile Communication, Cloud Computing, Cloud Storage, Distributed Computing and Web Application and WebPortal Access and Usage for desktop & laptop computers, servers, tablets and SmartPhones.