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.
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