OTTAWA, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI) ("Validian" or the "Company"), 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, today is pleased to announce that it has entered into collaboration with a channel partner to complete the integration of its core, disruptive top-down cyber security technology platform, ValidianProtect version 2.1, into its ShareProtect secure file transfer application providing the first-ever solution to secure access to, and transfer of, confidential digital information and data. The Company expects to commence commercial roll out to the channel partner's customers commencing September 2014.
Validian's channel partner provides solutions to the Professional, Financial and Government Sectors. Initial commercial roll out will be to several hundred law firms who require secure access to and transfer of client sensitive documentation. In addition to generating revenue, this initial roll out will be used to provide testimonials and to act as a demonstration to the rest of the Professional sector as well as to the channel partner's customers in the Financial and Government sectors.
Bruce Benn, Chief Executive Officer of Validian Corporation, commented, "The market is still seeking solutions to provide secure access and transfer of confidential digital information and data. Validian won this contract based on the results seen by the channel partner following the recent installation of our core, disruptive top-down cyber security technology platform. This channel partner now accepts that SSL Wrappers and the use of PGP and PKI do not provide adequate protection, and like so many others, is seeking a software-only solution applying crypto policies directly to the data and digital information instead of at the perimeter. Validian has the first and only software technology in the market to do so."
The Validian-enabled ShareProtect will work seamlessly with current security solutions and help prevent a number of points of cyber attack by:
- preventing, not just detecting, hacking or improper access of confidential digital information;
- encrypting data for transfer from point-of-inception to point-of-final-reception (e.g. to or from the secured database, server, Cloud, mobile or non-mobile device), so that the data never travels in the clear before encryption or after decryption; and by
- dynamically changing all of the information and crypto policies, including cryptographic keys, thereby preventing theft of cryptographic keys, which are otherwise stored at, and stolen from, either the enterprise, one of the partners, or the end–user's device, and used for decryption of encrypted data, that is stolen by malware or hackers.
"Furthermore, Validian-enabled ShareProtect will act as a great demonstration and testimonial to the global market place of ValidianProtect's information and crypto policy management capabilities, as well as showcase its radically different approach to securing access and transfer of data and digital information," concluded Mr. Benn.
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.
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