OTTAWA, Jan. 21, 2014 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI) ("Validian" or the "Company"), the first-to-market provider of next generation of cyber security technology for the management and protection of digital information, data and assets, today announced that it has developed and launched portable demo labs to provide live, interactive demonstrations of its next generation cyber security technology to meet the increasing inquiries from prospective customers and channel partners as a result of recent successful public cyber attacks against Google, Facebook, Target, Neiman Marcus and a host of other major companies in the Retail, Banking, Health, Defense and Government sectors.
These live demonstrations enable prospective customers and channel partners to utilize and experience Validian's radically innovative and potentially market disruptive technological capabilities including: authenticating applications thereby preventing their hacking and improper access; dynamically changing cryptographic keys thereby preventing their theft for decryption of stolen encrypted data; encrypting and decrypting data at inception so that it never travels in the clear at anytime, which was a major point of theft in the Target cyber attacks; and the ability to change any or all of these "policies" at anytime, which then automatically, immediately and transparently exist at all relevant end points without having to recode, download or install.
Bruce Benn, Validian President and CEO, commented, "Ongoing successful cyber attacks against major companies, that are already utilizing best-of-breed security measures, resulting in billions of dollars of economic losses and untold legal liability, have made it obvious that existing security technologies may be necessary but are neither sufficient for, nor capable of, preventing these cyber attacks and losses. This has resulted in an ever growing number of inquiries about Validian's next generation of cyber security, which is the only technology in the world today that has been specifically designed and developed to thwart these types of cyber attacks. Validian has the ability to set up live demonstrations in less than 15 minutes; to make remote installations anywhere in the world in less than 60 minutes, instead of weeks to months; and to enable any developer to integrate Validian's cyber security in a day to a few days instead of 6 to 24 months by a security expert. These are cornerstones that will enable the rapid adoption and roll out of Validian's cyber security technology."
Validian is currently undertaking an ongoing series of live demonstrations to meet increased interest and inquiries seen as a result of recently publicized cyber attacks, and is scheduling the next set of installations to be implemented in the current quarter. These installations will provide Validian's prospective customers and channel partners with an opportunity to evaluate and validate its next generation cyber security technology and to develop a plan for roll out through their respective organizations.
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.
Bruce Benn, CEO and President
Source: Validian Corporation