Validian Provides Update On Its Migration To Mobile Platforms

OTTAWA, Oct. 23, 2013 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI), the first-to-market with the next generation of cyber security technology for the management and protection of digital information, data and assets, today is pleased to announce the completion of the mobile server component of Version 3.0 of the Validian Core Technology Platform (CTP 3.0), an upgrade that makes Validian CTP Version 3.0 the world's first technology able to secure all mobile applications, including securing access of those mobile applications as well as the storage, access or transfer of digital information on or through those mobile applications and mobile devices.

With the completion of its CTP Version 3.0 mobile server component, Validian has now commenced the development of the mobile client component beginning with Google Android mobile operating system platforms integral to all mobile devices using Google Android. Following development completion, the Company will then commence development of the mobile client components required for the remaining three main mobile operating system platforms: Apple iOS, Microsoft Windows 8 and Blackberry 10.

Bruce Benn, Validian President and CEO, commented, "Since all mobile application developers develop mobile applications on non-mobile devices such as desktop and laptop computers and servers, we are still targeting the delivery of our mobile server component and mobile Software Development Kit to certain mobile application developers during Q4 2013. Thereafter, we will begin providing our technology to roughly 250,000 independent mobile application developers across the globe, enabling them to quickly develop the world's first secure mobile applications. According to estimates, even a tenth of 1% of this market will create more than 100 million revenue generating Validian-enabled end points on mobile devices. We are extremely excited to embark on this deployment in 2014 and look forward to seeing the true value of our next generation cyber security technology come to fruition in the marketplace."