OTTAWA, June 23, 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 a new channel partner to secure a series of solutions for deployment to existing customers.
Under the Channel Partner Agreement and Licensing Agreement signed in June 2014, Validian's new channel partner will be installing Validian's core technology platform, ValidianProtect, and integrating it into a number of mobile and non-mobile solutions beginning in July 2014.These solutions then will be deployed to the channel partner's existing customer base in professional and financial sectors.
"We're thrilled to collaborate with this new channel partner on the licensing and integration of ValidianProtect within a series of solutions designed for their growing customer base. With the development of these solutions, our new channel partner is projecting initial deployment to approximately 1 million end users during Q3 and Q4 2014 for non-mobile desktop applications. Following the completed migration of ValidianProtect to mobile platforms expected in Q3, the number of end users, and therefore endpoints, in Q4 2014 is anticipated to increase significantly for mobile versions of these applications as well," stated Validian President and CEO, Bruce Benn.
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 Mobile Communication, 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.