OTTAWA, June 23, 2014 (GLOBE NEWSWIRE) -- Validian

OTTAWA, June 23, 2014 (GLOBE NEWSWIRE) -- Validian Corp. (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