OTTAWA, Sept. 10, 2014 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI), the leader in cyber security technology that provides secure access, transfer and storage of digital information on wired, wireless and mobile networks over the Internet, today is pleased to announce that Validian-enabled Google Android mobile devices now have the ability to communicate securely on a peer-to-peer basis with each other, as well as with non-mobile devices, including desktop and laptop computers and servers. This milestone was the last item of technological risk that Validian needed to solve to complete the migration of its ValidianProtect technology to mobile platforms this month.
Validian has the only technology that secures peer-to-peer transmissions and has now extended this capability to mobile devices. This has opened up a significant number of opportunities, wherein Validian already is in discussions with its channel partners to develop the following Validian-enabled, and thus secure:
- social chat apps;
- mobile file transfer apps; and
- mobile mail
Validian plans to deliver the first of these Validian-enabled mobile apps in Q4 2014, which will be both an example and testimonial to Validian's capabilities, as well as generate a large number of revenue generating endpoints for the Company. Validian will then launch its mobile cyber security technology to approximately 250,000 independent mobile application developers, providing them with the ability to develop secure mobile apps and to do so rapidly, for the first time.
Validian President and CEO, Bruce Benn, commented, "With more than 1.75 billion mobile end users in the world today, each Validian-enabled mobile app provides us with the opportunity to generate a significant number of endpoints within 6 months of its release. This positions Validian to take advantage of recent market valuations for emerging technology companies, which have been ranging from $40 to $100 per mobile endpoint. We look forward to the successful completion of our migration of ValidianProtect to mobile platforms, and to getting our first-to-market cyber security technology into the hands of developers worldwide."
About Validian Corporation
Validian Corporation (OTCQB:VLDI) is the leader in cyber security technology that provides 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 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.