Validian Provides Update on Its Migration to Mobile Platforms
OTTAWA, Oct 23, 2013 (GLOBE NEWSWIRE via COMTEX) --
Validian Corp. (OTCQB:VLDI), the first-to-market with the next generation of cyber security technology for the management and protection of digital information, data and assets, today is pleased to announce the completion of the mobile server component of Version 3.0 of the Validian Core Technology Platform (CTP 3.0), an upgrade that makes Validian CTP Version 3.0 the world's first technology able to secure all mobile applications, including securing access of those mobile applications as well as the storage, access or transfer of digital information on or through those mobile applications and mobile devices.
With the completion of its CTP Version 3.0 mobile server component, Validian has now commenced the development of the mobile client component beginning with Google Android mobile operating system platforms integral to all mobile devices using Google Android. Following development completion, the Company will then commence development of the mobile client components required for the remaining three main mobile operating system platforms: Apple iOS, Microsoft Windows 8 and Blackberry 10.
Bruce Benn, Validian President and CEO, commented, "Since all mobile application developers develop mobile applications on non-mobile devices such as desktop and laptop computers and servers, we are still targeting the delivery of our mobile server component and mobile Software Development Kit to certain mobile application developers during Q4 2013. Thereafter, we will begin providing our technology to roughly 250,000 independent mobile application developers across the globe, enabling them to quickly develop the world's first secure mobile applications. According to estimates, even a tenth of 1% of this market will create more than 100 million revenue generating Validian-enabled end points on mobile devices. We are extremely excited to embark on this deployment in 2014 and look forward to seeing the true value of our next generation cyber security technology come to fruition in the marketplace."
About Validian Corporation
Validian Corporation (OTCQB:VLDI) is first-to-market with next generation 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.
CONTACT: Bruce Benn, CEO and President
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