Validian Licenses its Validian Protect and ShareProtect through New Partner

OTTAWA, October 28, 2009 - Validian Corporation, (OCTBB:VLDI), a world wide leader in the protection of digital assets is pleased to announce a new channel partnership agreement with AccountNet, Inc., which has generated new licenses for its Validian Protect and Validian ShareProtect products.

"We are very pleased to have partnered with AccountNet who is a growing solutions provider to the banking, financial and government sectors," said Bruce Benn, President and CEO of Validian Corporation. "We are particularly impressed that they already have generated licenses for our products in the first few weeks of our relationship."

"We have selected Validian's technology and products because of their unique capability to protect the access, transfer and storage of Digital Information, which is a critical concern of our customers," commented Rosario Turem, President of AccountNet, Inc. "Validian products bring tremendous benefits to our customers and enable us to resolve a broad set of enterprise security problems, not solvable by any other technology in the market place today.”

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 (OEMs), Independent Software Vendors (ISVs), Value Added Partners (VARs) and System Integrators (SIs).

About Validian

Validian Corporation, (OTCCBB VLDI), is first-to-market technology that provides secure access, transfer and storage of digital information on wired, wireless or mobile networks over the Internet.  The Company provides solutions that can be customized to the client's business process to ensure end-to-end authenticity, integrity and custody of high value digital assets. Validian has the only technology that enables IT managers to change on demand encryption algorithms, keys, key life time and level of compression and to distribute these automatically, immediately and transparently to all end points without having to re-develop or re-install the software.   Validian is a U.S. public company with offices in the U.S. and Canada.

About AccountNet, Inc.

Founded in 1996, AccountNet is a leading solutions and professional services provider focused on the financial and government sectors. AccountNet creates performance-driven, seamless solutions that add considerable value, and utilizes proven system-integration methodologies and expertise to help clients capitalize on their existing infrastructures successfully and cost effectively . AccountNet has its corporate headquarters in Atlanta, Georgia. See www.accountnet-inc.com for more information.

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Investor Relations Contact:

Dana Bruno
Investor Relations
(516) 301-6634
dana (at) jaicnet (dot) com

Gary Robinson
Lexxus Capital Inc.
(212) 835-0238
gr (at) lexxuscapital (dot) com