Validian Corp (fka VLDI)

[CaptainRicci]

http://markets.financialcontent.com/stocks/news/read?GUID=30446393

Validian Partners With Requiem Software to Roll Out to Mobile
OTTAWA, Ontario, Aug. 13, 2015 /PRNewswire/ -- Validian Corporation, (OTCQB: VLDI) a leading innovator in cyber-security technology, is pleased to announce its partnership with Requiem Software Labs Texas, Inc. to collaborate with major companies in the mobile sector to develop secure mobile applications for the government, business and consumer markets.
"We are excited by the potential of Validian's technology to fuel the rapid development, deployment and management of large numbers of secure mobile and non-mobile applications, which can drive both the sales of specific mobile operating systems and makes of smart mobile devices and the growth of mobile advertising revenue of Validian's partners," commented Colin Woodworth, President & CEO of Requiem Software.
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There are more than 2 billion smartphones and tablets accessing mobile applications and web applications on mobile devices and on non-mobile devices (servers, desktop and laptop computers). The total annual revenues generated from the sales of smartphones increased from $56.9 billion in 2009 to more than $272 billion by 2015 (Statista, May 2015). Each one per cent of this market is now worth more than $2.7 billion in annual revenue. Total global annual revenue generated from mobile advertising is projected to grow from $26 billion in 2015 to over $68 billion in 2017 (ZenithOptimedia, March 2015). Accordingly, each one per cent of this market will grow from $260 million per year to more than $680 million per year in revenue.
"Mobile applications drive the sales of smart mobile devices, which drives the growth of mobile advertising revenue. However, the market for non-secure mobile applications has been declining since 2012 and the lack of technology for developing secure mobile applications, let alone rapidly, is the reason why large numbers of secure mobile applications have not materialized yet," commented Bruce Benn, Chief Executive Officer of Validian Corporation. "Our recently released core technology, ValidianProtect version 3.1 for Mobile, is uniquely positioned as a go-to technology that can be exploited by companies in the mobile sector to increase their market share as well as generate billions of dollars in additional annual revenue. Requiem Software is well positioned to lead our collaboration with those mobile companies."
About Requiem Software Labs Texas Inc.

With a combination of technical and artistic expertise, Requiem Software is the leading provider in applications for Android devices, providing mobile entertainment and application technologies in 46 countries around the world, in partnership with Google, Microsoft, Apple, Amazon, Facebook, T-Mobile and NetFlix. See www.requiemsoftwarelabs.com for more information.