| [August 04, 2004] |
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New Executive Brings Unique Experience To Validian
OTTAWA --(Business Wire)-- Aug. 4, 2004 -- Appointment of Guy Langevin, RosettaNet Veteran, Enhances Ability to roll out Implementations of Application-security and Secure File-transfer Products
Validian Corporation (OTCBB:VLDI) today announced that Guy Langevin has joined the company as Director, Implementation Readiness. Prior to joining Validian, Mr. Langevin held senior executive positions in several industries, including corporate vice president of Worldwide operations for Future Electronics. He was a member of the original EC Board of RosettaNet, a world-leading consortium of more than 500 international organizations and major computer companies working to realize the full potential of the digital economy.
"Guy will help to strengthen the operational side of our organization and ensure that our increasingly large implementations roll out quickly, easily and successfully," said Dr. Andre Maisonneuve, Validian's President and CEO. "He will also bring his considerable expertise to bear in pre-sales support, process optimization and product road-map development."
Mr. Langevin brings a wealth of executive-level expertise in operations, manufacturing, supply-chain management, logistics, information systems and telecommunications to Validian. He has been responsible for multinational corporate activities nationally and internationally, and has helped a variety of clients review and adjust manufacturing actions, create project-management cultures, improve corporate communications and understand supply-chain management.
"Security threats, especially internal ones, are increasing in number daily," said Mr. Langevin. "I am very excited to be joining one of the first companies that not only authenticates applications, but also secures communications and transfers among applications. Application security is the way of the future."
Validian's product line includes Validian ASI(TM), a platform for delivering strong and affordable application-layer security. ASI provides authentication at the application layer to ensure that information exchanged among applications, both inside and outside corporate firewalls, remains confidential and maintains its integrity.
Validian Flash Communicator(TM) provides simple, cost-effective and rapidly deployed secure file exchange and instant messaging over any IP-based network. Flash Communicator's ability to authorize all participants and all applications in an exchange, and deliver logging and time stamping services, facilitates compliance with legal and regulatory requirements. On a biometrically enabled USB flash drive, Flash Communicator is the only solution to deliver 3-factor end-user authentication of mobile workers.
About Validian Corporation
Validian Corporation is a world leader in the development of innovative application-security, secure file transfer and IM solutions. Validian's products protect applications directly at the application layer, extending the trust model and enhancing inter-organization security. Its innovative utilization of flash-memory platforms enables secure file exchanges from nearly every Internet-connected computer in the world. A U.S. public company, Validian has offices in the United States, Canada and Switzerland.
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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