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SDGL News Secured Digital Forecasts $9.7 Million 3Q Sales

SADDLE BROOK, N.J.--(BUSINESS WIRE)--Secured Digital Applications, Inc. (OTCBB:SDGL), a global multi-media and technology company, today said it forecast revenue of $9.7 million for the third quarter of 2006, with expected net income of $300,000 to $500,000.

The Company, which currently operates principally in Southeast Asia, also announced the launch of its Worldwide Business Services division, which will provide outsourced multi-media services, digital document management and financial management services developed for small and medium sized businesses in the United States.

The outsourced business services will be spearheaded by Secured Digital's United States operating subsidiary, SDAW Worldwide, Inc., beginning in November, said Chairman and CEO Patrick Lim.

"This is an important new line of business for us, and is a natural progression of existing operations," Lim explained. "The global expansion of outsourcing is an important component of the current business environment. The estimated size of the outsourcing market was $758 billion in 2005."

"Much of the outsourcing work presently goes to the Philippines or India, but we are confident that Malaysia, with its well-educated, English-speaking work force, advanced technology and competitive costs can compete for this business," Lim continued.

SDA Worldwide's outsourced business services will focus on the small and medium enterprise, Lim said. "By outsourcing central office functions, small and medium sized businesses have a new way to become more competitive. Our products will offer these customers the opportunity to drastically reduce overhead while improving basic operations through the use of cutting edge technology and business process engineering."

The company will offer digital hosted document management software, hosted accounting software and provide administrative, financial and clerical services to its customers. "Our customers will have access to the latest business technology at a fraction of the cost of acquiring these solutions directly," Lim explained. "They will also have the economic benefit of our international staff."

Secured Digital will also offer its multi-media production services in the United States through SDA Worldwide, the company said.

Secured Digital's increase in revenues from the prior quarter was the result of continued growth during the third quarter in the company's multi-media production and information technology businesses, Lim said.

About Secured Digital Applications, Inc:

Secured Digital Applications, Inc. is a global media production company providing content for television, the Internet and free-standing digital displays, and also designs and installs on-site multi-media presentations. SDA also develops and implements solutions for biometric security systems and business process applications.

Safe Harbor Statement:

Information contained in this release includes forward-looking statements and information that is based on beliefs of, and information currently available to, management, as well as estimates and assumptions made by management. 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. Secured Digital Applications, Inc. 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. Investors should carefully consider the preceding information before making an investment in the common stock of the Company.