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[March 26, 2014]
Validian Collaborates With New Channel Partner to Secure Mobile Applications
(GlobeNewswire - Canada Via Acquire Media NewsEdge) OTTAWA, March 26, 2014 (GLOBE NEWSWIRE) -- 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 is pleased to announce that it has entered into collaboration with, and completed an installation of its next generation Intrusion Prevention Platform at, a new channel partner for the development of several secure mobile applications expected to be released during 2014.
Validian's new channel partner comprises a team of seasoned developers with an established track record of developing and rolling out commercial mobile, web and non-mobile applications to their enterprise and consumer customer base, particularly in the retail and cloud sectors.
Bruce Benn, Validian President and CEO, commented, "A huge percentage of all types of mobile applications have serious security issues for a variety of reasons. Every mobile application in existence today can be hacked to access and steal confidential digital information stored on a mobile device or stored in other locations that interact with that mobile device. The market for secure mobile applications is predicted to be a major growth sector and Validian has the only technology in the market that affords developers the ability to secure these mobile applications." Benn added, "It should be noted that developers and channel partners influence and often determine what cyber security technologies are to be implemented in an application and network. Validian is finding that these developers and channel partners are receptive to evaluating, testing and then implementing Validian's next generation Intrusion Prevention Platform into their applications because it is the only technology available in the market today that prevents cyber attacks from happening against applications in the first place and it is so quick and easy to implement." The intrusion prevention systems (IPS) market totaled nearly $1.9 billion in 2012, according to market research firm IDC. That is nearly 10 times the size of the market for specialized threat analysis and protection technology. Cisco Systems Inc., Palo Alto Networks Inc., FireEye Inc., Intel Corp and Trend Micro Inc. are some of the larger companies that sell intrusion detection systems and threat prevention systems, which help companies detect cyber threats that breach their firewalls.
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 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 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.
CONTACT: Company: Bruce Benn, CEO and President firstname.lastname@example.org 613.224.3535 Investor Relations: Howard Gostfrand email@example.com 305.918.7000 Source: Validian Corporation 2014 GlobeNewswire, Inc.
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