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E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE |
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Validian Corporation Resumes Trading on the OTC BB |
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OTTAWA, ONTARIO, Oct. 2 -/E-Wire/--
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).
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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.
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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."
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About Validian
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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.
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For more information about Validian Corporation, visit www.validian.com.
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Safe Harbor Statement
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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.
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/SOURCE:
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Validian Corporation |
-0-
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10-02-2007 |
/CONTACT:
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Investor Relations Contact:
The Del Mar Consulting Group, Inc.
Robert B. Prag, President
bprag@delmarconsulting.com
(858) 794-9500
Validian Contact:
Bruce Benn
President & CEO
Validian Corporation
(613) 230-7211 Ext 226
bruce.benn@validian.com |
| /WEB SITE: |
http://www.validian.com.
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