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Last $0.04 USD
Change Today -0.0019 / -5.24%
Volume 137.8K
VLDI On Other Exchanges
Symbol
Exchange
OTC US
As of 3:59 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

6 Gurdwara Road

Suite 205

Ottawa, ON K2E 5A3

Canada

Phone: 613-230-7211

Fax:

Validian Corporation provides software products to assist public and private enterprises address the complex issues surrounding the protection of digital information and application security. Products The company offers the following four main products on a commercial basis: Validian Protect The company’s Validian Protect is an application security middleware for authenticating applications, securing data transport between distributed applications and Web services and dynamically managing information policies. Validian Protect is specifically designed to enable secure access of applications and secure storage, access and transfer of digital information on wired and wireless networks over the Internet, including secure communication between distributed applications and distributed networks. Supplemental to its Validian Protect product, the company offers a Software Development Kit (SDK), for rapidly and simply integrating Validian Protect with an application. The SDK includes a complete, integrated and built-in set of control, transport and security features, which are automatically inherited by any applications linked to Validian Protect through the SDK. Validian ShareProtect The company’s ShareProtect product transforms a user’s desktop or mobile PC into a secure communication facility for uploading sensitive, proprietary information to a shared repository. The solution also transforms any server into a download manager that simplifies the distribution of proprietary files to authorized users. The company’s ShareProtect protects file exchanges against malicious interference, interception by rogue applications and unwanted leaks. Validian MedicalProtect The company’s MedicalProtect product is designed and developed specifically to provide secure remote storage, access and transfer of digital medical health and medical records, information and files and thereby prevent hacking, theft and improper access of this digital information. The company’s MedicalProtect solution enables the eHealth industry, including hospitals, clinics, emergency responders, laboratories, research facilities, and their professionals and administrators to handle health and medical digital information securely, including storage, remote access, transfer of large files and sharing across communities, including: to authenticate health, medical and insurance professionals and staff using fingerprint signatures; to store health and medical records, information and files in encrypted form on portable media storage drives; to transfer encrypted media files of any size and any format between authenticated doctors, workers and/or personnel across the Internet; to track health and medical file activity, such as create, rename, modify, transfer and delete, transparently and in real-time over the Internet; and to set universal policies which govern security and tracking levels applied on a per patient or project basis. Validian MediaProtect The company’s MediaProtect product is designed and developed specifically to prevent hacking, theft and piracy of digital media, including films, videos, television programs and music during the production and post-production process. The company’s MediaProtect solution enables post-production houses, studios and production companies: to authenticate project workers using fingerprint signatures; to store media files in encrypted form on portable media storage drives; to transfer encrypted media files of any size and any format between authenticated workers and/or reviewers across the Internet; to track media file activity such as create, rename, modify, transfer and delete, transparently and in real-time over the Internet; and to set universal policies which govern security and tracking levels applied on a per project basis. Research and Development The company spent $145,174 on research and development activities, as of December 31, 2013. Business Strategy The company’s business strategy is to license its technology either directly or through distribution channels to medium to large organizations that develop, market, sell, distribute or use software products where interaction with a distributed customer, employee and/or partner base is essential. Target Markets The company’s target markets include health care providers and suppliers; governments; post-production houses, studios and production companies in the digital media industry; transportation industry; manufacturers in supply management chains; financial institutions and insurance companies; and software distribution services. Competition The company competes with Check Point Software Technologies Ltd.; Tumbleweed Communications; Proginet Corporation; Aspera, Inc.; and Radiance Technologies. History Validian Corporation was founded in 1989. The company was incorporated in Nevada in 1989.

 

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