Validian to Take Advantage of Increasing U.S. Demand for Greater Electronic Security

OTTAWA--(Marketwire - June 2, 2009) - Ewire -- Validian Corporation (OTCBB: VLDI), a leader in the protection of digital assets, confirmed the completion of its 'first to market' commercial product thereby positioning the Company to take advantage of the increasing demand in the U.S. for electronic security to protect sensitive and high value digital assets.

In a formal statement, Bruce Benn, the Chief Executive Officer of Validian, stated: "We have made significant progress since our last News Release in September 2008. We have completed BETA installations to select leading-edge customers. With their assistance, we have applied their feedback to commercialize our solutions aimed at protecting digital assets in a way that meshes seamlessly with the business processes in Government, Media and eHealth markets.

"Customers see Validian as protecting them against hacks, accidental or malicious disclosure, and theft of their sensitive or high-value digital property.

"2009 will be a major growth year for Validian. More specifically, we plan:

-- to implement the commercial rollout of our Validian Protect solution to select partners and customers;

-- to continue the development program in the Media and eHealth Markets with delivery to early adopters; and

-- to accelerate the development of our corporate team to augment our ability to market, grow sales and support existing and prospective customers, and partners."

Recent announcements last week by the U.S. Government and major IT companies predict significant demand for greater electronic security in the U.S. Government of $10 Billion per year, with additional demand spreading to energy and health care agencies and the rest of the nation's critical infrastructure. (NY Times, May 30, 2009)

"Validian believes that the electronic security problems faced by both public and private organizations will continue to attract a healthy share of IT budgets, and with Validian introducing advanced, mature solutions to the marketplace, that market will continue to see Validian as a leader in preventing theft of Digital Information, and not just detecting a breach like alternative solutions," concluded Mr. Benn.

For the full release please follow this link: http://www.ewire.com/display.cfm/Wire_ID/5259

Contact Information: Investor Relations Contact: Lexxus Capital Inc. Gary Robinson (212) 835-0238