Validian Undergoes Independent Technical Review to Further Validate Technology for Major Mobile Companies

 

 

OTTAWA, October 14, 2015 - Validian Corp. (OTCQB: VLDI), a leading innovator in cyber-security technology, today announced that the latest version of its core technology, ValidianProtect 3.1, is in the process of undergoing an extensive independent technical review by a highly qualified third party well known to, and respected by, major mobile companies. The technical review is well underway and is estimated to be completed in the current quarter.

The technical review includes:

    • in-depth examination and review of every line of source code to ensure the source code has been written properly and is of the highest quality;
    • review and testing of each feature and capability; and
    • load testing and scalability testing.

Bruce Benn, Chief Executive Officer of Validian Corporation, commented, “Validian's technology is radically innovative. Knowing that the source code, features and capabilities of Validian's technology have been independently reviewed and tested by a well-known and highly respected third party is key to major mobile companies using and/or acquiring our technology. We have timed this technical review to support the arrangements between our channel partners and major mobile companies. We look forward to its completion and to the rapid development and provision of Validian-enabled secure applications operating on the platforms of these major mobile companies."

About Validian Corporation

Validian Corporation (OTCQB VLDI) is a leading innovator in cyber security technology that provides secure access, retrieval, transfer, receipt and storage of digital information on mobile and non-mobile applications, devices, servers, data bases and memory both at rest and in transit using wired, wireless and mobile networks. Validian technology enables the next generation of secure Mobile Messaging and Communications, 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 for more information on its digital asset solutions.

Discuss Validian events here: http://investorshangout.com/Validian-Corporation-VLDI-68278/

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.

Company Contact:

Bruce Benn, CEO and President
(613) 224-3535
bbenn@validian.com

Investor Relations Contact:

Howard Gostfrand
(305) 918-7000
info@amcapventures.com