Contact Information: CONTACT: Investor Relations Contact: The Del Mar Consulting Group, Inc. Robert B. Prag President (858) 794-9500 Validian Contact: Bruce Benn President & CEO Validian Corporation (613) 230-7211 Ext 226 WEB SITE: http://www.validian.com
OTTAWA--(Marketwire - October 2, 2007) - Ewire -- Validian Corporation (OTCBB : VLDI ), a
leader in application security software and solutions, today announced it
has resumed trading on the Over-the-Counter Bulletin Board (OTCBB).
In May, Validian finished filing all past due annual and quarterly
financial reports through its first financial quarter ended March 31, 2007,
bringing the company current in its financial reporting with the SEC.
CEO Bruce Benn said, "Our return to the OTCBB listing is an important step
in moving our business forward. This is vital to strengthening our
credibility and in building the support of market makers, potential
investors and business partners as well as current shareholders. We want
our operations to be as transparent as possible so that the financial
community can see and understand the progress we are making."
About Validian
Validian Corporation is a leader in the development and marketing of
innovative application-security and secure data-exchange software and
solutions for public and private enterprises. Validian ASI™ is a
software-only development and deployment environment for peer-to-peer (P2P)
and client-server architectures that enables application authentication and
secure data exchange to be integrated directly into applications rapidly
and easily, lowering development and deployment costs. ASI protects against
attacks by authenticating applications thereby preventing the hacking of
applications, and by encrypting and decrypting data within applications to
ensure data exchanged between trusted applications never travels in the
clear, thereby preventing the theft of data during transit. Cost-effective,
simple-to-deploy and easy to manage, Validian solutions facilitate security
audit compliance. A U.S. corporation, Validian has offices in the U.S,
Canada and Switzerland.
For more information about Validian Corporation, visit www.validian.com.
Safe Harbor Statement
Investors should carefully consider the preceding information as well as
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.