Company Completes Development of Multiple Encryption Algorithms on Mobile
OTTAWA, June 25, 2014 - 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 announced that it had completed another major cyber security breakthrough by being able to provide a choice of, and to change dynamically, 8 encryption algorithms on a Google Android mobile device, with the potential to expand to 18 encryption algorithms as the capacity of mobile devices continues to expand in the future.
Mobile and/or non-mobile devices can only communicate securely with each other if they have the same encryption algorithm. Currently, the few mobile applications and devices that have any security have hard coded only one out of 8 encryption algorithms that Validian is now providing. This means that without Validian, mobile devices cannot communicate securely with any other mobile or non-mobile devices that have different encryption algorithms. In the future, mobile users will have three choices:
1. Not communicate securely with other non-compatible mobile or non-mobile devices;
2. Have several mobile devices each with a different hard coded encryption algorithm and select the one they need to communicate with another mobile or non-mobile device that has the same encryption algorithm; or
3. Use just one Validian-enabled mobile device to communicate securely with any other mobile or non-mobile device in the world.
Validian is the first and only technology in the world that: provides a choice of multiple encryption algorithms; dynamically changes these encryption algorithms at any time and any number of times; and distributes these automatically, immediately and transparently to any or all mobile and non-mobile end points without having to re-code, re-develop or re-install the software.
Validian President and CEO, Bruce Benn, commented, “Validian's ability to provide a choice of multiple encryption algorithms, and to change these encryption algorithms dynamically and rapidly on any mobile device, is radically innovative and greatly simplifies the migration of security to mobile devices. Furthermore, imagine the increased flexibility as well as the savings in cost and time for the users of more than 2 billion smartphones and tablets in the world today that want to send or receive digital information and data securely. We envision that this will become the new standard for cyber security, particularly because Validian works seamlessly on a plug-and-play basis with all accredited encryption algorithms."
Mr. Benn added, “This capability is one of the key features of Validian's core technology, ValidianProtect version 3.0 for mobile, which is still on target to launch on Google Android in Q3 2014 followed thereafter on Mac iOS.”
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.
The Company provides solutions that can be customized to the client's business process to ensure end-to-end authenticity, integrity and custody of high value digital assets. Validian is a U.S. public company with offices in the U.S. and Canada. Visit www.Validian.com and in particular "About" Validian for more information on its digital asset solutions.
Safe Harbor Statement
Investors should carefully consider the preceding information as well as information conained in this news release before making an investment in the shares of the company. Information contained in this news release contains "forward looking statement", which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "should," or "anticipates" or negative thereof or given that the future results covered by such forward-looking statements will be achieved. The preceding matters contitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements.
Bruce Benn, CEO and President
bbenn (at) validian (dot) com
Investor Relations Contact:
info (at) amcapventures (dot) com