Validian Provides Update on Migration of its Cyb
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Validian Provides Update on Migration of its Cyber Security Technology to Mobile Platforms
Company on target to complete development this month
Ottawa, September 10, 2014 - 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."