ValidianProtect to Upgrade OEM Customer’s Solution for Banks and Large Enterprises
OTTAWA, February 3, 2016 - Validian Corp. (OTCQB: VLDI), a leading innovator in cyber security technology, is pleased to announced that its OEM customer, a solutions provider, has signed an agreement with Validian to integrate its core cyber security technology, ValidianProtect, into one of their main commercial solutions.
Their solution is currently deployed into Banks, large Enterprises and Government departments. The solutions provider is integrating ValidianProtect as part of an upgrade to its existing solution to take advantage of a number of Validian's innovative features and capabilities, including its Cyber Security Information Policy Management Platform.
Completion of the upgrade is scheduled for March 2016, largely due to the ease and speed of integrating ValidianProtect. Upon completion, the upgraded solution will be deployed with existing and new customers.
Bruce Benn, Chief Executive Officer of Validian, commented, "We are very pleased that Validian's technology will enhance a sophisticated solution that already has been deployed to such a marquis clientele. The deployment of the Validian-enabled solution will be a great demonstration and show case of Validian's technology, features and capabilities helping to drive sales, cash flow and revenue generation."
About Validian Corporation (OTCQB VLDI)
Validian's radically innovative, cyber security middleware platform provides, manages and governs secure access of mobile, web and non-mobile applications, mobile devices, computers, servers, databases and infrastructure as well as secure access, storage, transfer, usage and sharing of critical data and digital information - where the value is.
Validian enables the next generation of secure Mobile Messaging, Communications and Advertising; Cloud Computing and Cloud Storage; Distributed Applications and Computing; and Web Application and WebPortal Access and Usage.
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.
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Investors should carefully consider the information contained in this news release before making an investment in the shares of the company. Information contained in this news release contains "forward looking statements", 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 constitute 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