OTTAWA, Sept. 23, 2014 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI), the leader in cyber security technology that provides secure access, retrieval, transfer, receipt and storage of digital information on wired, wireless and mobile devices and networks over the Internet, today is pleased to announce that it is now working with a new channel partner, a provider of solutions to Telecoms, Mobile Network Operators and direct to consumer and enterprise end users, to bring a fully secure Mobile Messaging App based on Validian's cyber security technology to the market. The Company targets its release in the fourth quarter of 2014.
The forthcoming Validian-enabled Mobile Messaging App will provide the following fully secure features to end users and advertisers:
- Peer-To-Peer (P2P) Social Chat and Instant Messaging
- P2P File Transfer of files of any size or format including pictures, videos and music
- Voice over the Internet
- Storage directly on the mobile device
- Storage, Access and Retrieval on The Cloud
- Advertising Channel from advertisers or advertising aggregators to end users
Bruce Benn, Chief Executive Officer of Validian Corporation, commented, "Having completed the migration of our fully secure cyber security technology to mobile, as previously projected for Q3 2014, Validian is now in the process of monetizing this capability. Mobile Messaging Apps and advertisements are being provided to more than 1.75 Billion SmartPhone end users in the world today, many of whom have privacy concerns. This new channel partner allows us to begin capturing a share of the Mobile Messaging App market, with some players generating recent market valuations ranging from $40 to $100, and annual advertising revenue ranging from $5 to $10, per mobile endpoint or end user."
About Validian Corporation
Validian Corporation (OTCQB:VLDI) is the leader in cyber security technology that provides secure access, retrieval, transfer, receipt and storage of digital information on wired, wireless and mobile devices and 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.
Company: Bruce Benn, CEO and President 613.224.3535 Investor Relations: Howard Gostfrand 305.918.7000
