Validian Demonstrations Continue to Grow Sales Pipeline & Demand for Installations
OTTAWA, August 16, 2016 - Validian Corp. (OTCQB: VLDI), a leading innovator in cyber-security technology, today issued another marketing and sales update. Over the past 30 days, the ongoing exchange of marketing and technical documentation, discussions, meetings and demonstrations have doubled Validian's sales pipeline. Now, Validian has scheduled the next round of discussions and negotiations with senior decision makers of more than 20 qualified prospects, comprising large to major companies, during August, September and October 2016.
Bruce Benn, Chief Executive Officer of Validian, commented on the Company’s recent developments in marketing and sales, "We are very pleased to see the steady increase in momentum as we continue our march towards sales, cash flow and revenue during 2016. Large to major companies are consistently progressing from the analysis of our technical documents and demonstrations to negotiating the licensing of Validian's technology and installations for testing and integration. Demonstrations of completed cutting edge, Validian-enabled mobile and Cloud apps that show market differentiating features and capabilities not achievable by any other combination of technologies are generating strong demand. However, it is the speed of integration and low costs of operations that have the greatest impact on sales. Integration takes 2 to 10 days versus 11 to 24 months for standard crypto protocols. This enables the increasing number of companies seeking significant security enhancements to get to market much more quickly, which is a major catalyst to our growing demand and sales pipeline."
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