OTTAWA, December 18, 2012 - Validian Corporation, (OCTBB:VLDI), a developer of software based solutions for the management and protection of digital information, data and assets today issued an update on a series of developments occurring at the Company during the past 14 months, which included:
These installations, usage and testing of ValidianProtect 2.0 have been instrumental in Validian's design and architecture for version 2.1, which extends Validian's platform to securely enabling web applications and to multi mobile platforms enabling tablets and smartphones to securely access and use web applications and the Cloud.
Furthermore, these installations have resulted in sales and pre-paid revenues exceeding $500,000, which Validian expects to be able to recognize as revenues when it delivers ValidianProtect 2.1 to these channel partners and customers. Validian also has generated a number of additional installation requests, including collaborating on the development of some specialized Validian-enabled solutions.
The onslaught of cyber attacks against major organizations continues unabated, including hacking and theft of valuable digital information through breaches of mobile networks and web applications, like online banking. Validian enables businesses and governments to prevent, not just detect, these cyber attacks, to access and transfer valuable digital information through any networks, and to ensure that this valuable information is protected throughout mobile networks, web applications and the Cloud.
In reference to these developments, Bruce Benn, the CEO of Validian, stated: "As 2012 comes to a close, I want to thank the shareholders of Validian Corporation for their patience and support. It is greatly appreciated. This has been a good year for Validian in terms of certain technical advances and validations we have achieved and we look forward to releasing our next version for web applications and mobile platforms during the 1st quarter of 2013."
About Validian Corporation
Validian Corporation, (OTCQB VLDI) technology provides secure access, transfer and storage of digital information on wired, wireless or mobile networks over the Internet. Validian technology enables secure 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.
President & CEO