Validian Licenses Its ShareProtect Product Through New Channel Partner

(Comment on this article at http://www.financialwire.net/2009/11/18/validian-licenses-its-shareprotect-product-through-new-channel-partner/)

November 18, 2009 (FinancialWire) -- Validian Corp., (OTCBB: VLDI), a world wide leader in the protection of digital assets announced a new channel partnership agreement with Paragon Path Inc., which has licensed Validian ShareProtect for its customers in the legal and eHealth verticals.

"Our partnership with Paragon Path and the licenses for ShareProtect for law firms, medical offices and clinics are confirmation that these communities require protection of their digital assets," said Bruce Benn, president and CEO of Validian Corp.. "We believe that the legal and medical communities provide huge potential for Validian's products."

"Our clients include law firms, doctors and medical clinics who increasingly need remote access, transfer and storage of their digital files and records, particularly to share with their colleagues, clients and patients," commented Alvaro Solares, vice president of Paragon Path, Inc. "Validian products provide a unique capability to lawyers and doctors and we expect that these initial licenses and installations will drive future sales."

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, Service Providers, Independent Software Vendors, Value Added Partners and System Integrators.

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