OTTAWA, Nov. 10, 2009 (GLOBE NEWSWIRE) -- Validian Corporation, (OTCBB:VLDI), a worldwide leader in the protection of digital assets, is pleased to announce a partnership with IOL Netcom Limited, a major Internet Service Provider in India, who also has licensed Validian Protect technology and product.
"We are very excited to partner with IOL Netcom, one of the largest Internet Service Providers in India," said Bruce Benn, President and CEO of Validian Corporation. "Their proven track record for successfully introducing leading edge Internet technology into the India market to an established and growing customer base makes them an ideal platform to launch our entry into the 2nd largest market in the world."
"The success of our company has been built on our vision and ability to identify, introduce and then leverage leading edge Internet technologies that promote the use of digital information and products in the Indian market," commented Siddhartha Srivastava, CEO of IOL Netcom. "Validian technology and products are clearly first to market for truly protecting the access, storage and transfer of our digital information and products over the Internet. This will reduce our costs, leverage our revenue generating capability and enable us to resolve certain security and technical issues not achievable by any other technology in the market place today."
Validian has two sales channels: direct and partner sales. The Company supports its channel partner distribution system, leveraging the larger sales forces and established customer bases of Original Equipment Manufacturers (OEMs), Service Providers (SPs), Independent Software Vendors (ISVs), Value Added Partners (VARs) and System Integrators (SIs).
About Validian Corporation
Digital Information is where the value is: movies, music, sensitive Government and business information, and confidential medical records. Even money is now digital. All Digital Information is stored, accessed and transferred. Valuable Digital Information should do so securely. However, existing security products protect the networks but not Digital Information. Accordingly, valuable Digital Information is being stored, accessed and transferred underprotected around the world on the Internet today, resulting in over $1 trillion dollars in losses and exposure in 2008.
Validian Corporation, (OTCBB:VLDI), is first-to-market technology that provides secure access, transfer and storage of digital information on wired, wireless or mobile networks over the Internet. 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 has the only technology that enables IT managers to change on demand encryption algorithms, keys, key life time and level of compression and to distribute these automatically, immediately and transparently to all end points without having to re-develop or re-install the software. 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.
About IOL Netcom Limited
Founded in 1985, IOL Netcom is one of the 10 largest Internet Service Providers in India providing broadband and enterprise wide Internet solutions to SOHO, SME and Corporate customers. IOL Netcom also is one of the fastest growing Next Generation Networks (NGN) companies; the first company to introduce IPTV and Video on Demand to the Indian market and providing Internet telephony, Music on Demand, eLearning and eCommerce services such as online trading, online banking, home shopping and interactive marketing.
See www.iolnetcom.com for more information.
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