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Validian Outlines Objectives for 2008 |
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OTTAWA, ONTARIO, Jun. 4 -/E-Wire/-- Validian Corporation (OTCBB: VLDI), a leader in the protection of digital assets, today issued a comprehensive corporate update to provide its shareholders with insight into a series of fundamental developments occurring at the Company in 2008. In a formal statement, Bruce Benn, the Chief Executive Officer of Validian, stated:
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"Validian is about to launch a major change in the way the world resolves the secure communication issues faced by the Internet today. Unlike other current technologies that concentrate on perimeter or network security, Validian protects information from within the application itself. Given the statistics that over 75% of successful hacks are directed at the application, Validian is addressing this problem by offering robust, scalable solutions that integrate rapidly within business processes.
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"We at Validian understand the problems of piracy, theft and risk facing the government, entertainment, health and financial organizations today. With the successful implementation of our solutions, we feel that major losses will be prevented and sensitive high value digital information will be protected. Our mission in 2008 is to enable our customers to keep sensitive and confidential information in the hands of the right people.
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"Validian's primary objectives in 2008 are:
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* Conclude trial activity and transition to a commercial deployment phase
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* Establish reference customers and initial installations of our solutions in the:
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1.Entertainment and Media sector to reduce the losses from piracy of digital movies and music
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2.Health sector to accelerate the transition to electronic health records
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3.Government sector to ensure the privacy of mission-critical information and intelligence
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4.Financial sector to reduce the risk associated with electronic transactions
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* Introduce significant solution upgrades to the marketplace
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* Deliver shipments of our solutions and generate material revenue for the company
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* Conclude partnerships with high value providers who have established customers and the capability to showcase the strength of our solutions
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"Over the next few weeks, we will commence the announcement of strategic partnerships to facilitate penetration of our target markets, of initial installations in those markets, and of formal launches of our upgraded solutions.
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"We invite you to join us as we deliver the next level of digital asset protection to our customers," concluded Bruce Benn.
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About Validian
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Validian Corporation provides comprehensive solutions for the protection of digital information and content while in transit and at rest. Validian solutions can be customized rapidly to the business processes and work flow of the organization to ensure the end-to-end authenticity, integrity and custody of its high value digital assets. 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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