This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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 The Commercial Roll Out Of Its Disruptive Top-Down Next Generation Cyber Security

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.

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs