Secured Digital Applications, Inc. (OTCBB:SDGL), a global provider of business process outsourcing services and systems integrator for Radio Frequency Identification (“RFID”), Global Positioning System (“GPS”), Global System for Mobile Communications (“GSM”), Wireless Local Area Network (“WiFi”) and Bluetooth applications today announced that the Company has entered into an agreement with New Alliance (China) Ltd, Hong Kong for the supply, installation and maintenance of EyStar SOS-03 real time fleet tracking management system valued at $1.89 million to a logistics operator based in Fuzhou, China.
The installation is expected to commence in April 2008 and is expected to be completed by July 2008. In addition to providing an audit trail of each vehicle and employee, the SOS-03 has bi-direction phone conversation capability and emergency help call function.
“We are pleased to have made inroads into China’s logistics industry,” said Patrick Lim, Chairman and CEO of Secured Digital. “The potential for China’s logistic industry is huge as logistics costs in China account for 20 – 25% of total operating costs whereas they make up less than 10% of operational expenses in developed economies. We hope to secure more such contracts, particularly from companies located in China’s Pearl River Delta.
About Secured Digital Applications, Inc.:
Secured Digital Applications, Inc. is a global provider of Business Process Outsourcing (“BPO”) services and systems integrator for Radio Frequency Identification (“RFID”) and Global Positioning System (“GPS”), Global System for Mobile Communications (“GSM”), Wireless Local Area Network (“WIFI”) and Bluetooth applications. The Company’s BPO services include online financial accounting integrated with RFID enabled document, people, inventory and asset tracking applications; and multimedia content production. The Company's media production includes content for television, the Internet and multimedia presentations. The Company also develops and implements solutions for smarthome and biometric security. The Company’s current target market for its products and services include customers from the United States, Asia and Australia. For more information, please visit www.digitalapps.net, www.eystar.com and www.sdawmedia.com. Information on our websites does not comprise a part of the press release.
Safe Harbor Statement:
Information contained in this press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "expects", "is expected", "intends", "may", "will", "should", "anticipates", "plans" or the negative thereof. These forward looking statements often include forecasts and projections for future revenue and/or profits and are subject to revision and are not based on audited results. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to vary materially from historical results or from any future results expressed or implied in such forward-looking statements. Such risks and uncertainties include, but are not limited to, economic downturns, failure to achieve anticipated short- and long-term financial benefits from our business, failure to achieve market demand and acceptance for our products and services and failure to generate sufficient capital or to obtain financing to fund our operations and growth. The Company does not undertake to update, revise or correct any forward-looking statements. Investors are cautioned that current results are not necessarily indicative of future results, and actual results may differ from projected amounts. For more complete information concerning factors that could affect the Company's results, reference is made to the Company's registration statements, reports and other documents filed with the Securities and Exchange Commission.
Secured Digital Applications, Inc.
Elwayne Hafen, 303-693-0072
ehafen@digitalapps.net
or
Newport
Capital Consultants
Stephen Jones, 972-712-1039
esjones1@aol.com