Message #43 From:
NewsBot Date: January 16, 2007 05:30:00 AM
SDGL News Secured Digital Receives Multi-Million Dollar Order for its Integrated Intelligent Security System
SADDLE BROOK, N.J.--(BUSINESS WIRE)--Secured Digital Applications, Inc. (OTCBB:SDGL) today announced that it
has been awarded a contract to design and install a security system in a
high-end housing complex in the state of Selangor, Malaysia. The
contract, initially valued at $3.8 million, is expected to commence in
the first quarter of 2007 and is expected to be completed by the end of
2007.
The contract requires the installation of a security system in 120 homes
and 360 condominium units. The system will feature the EyStar integrated
intelligent security system designed for both business and residential
applications. The solution was chosen for its safety features along with
its software interface which allows the user to program the unit through
a phone, computer, or even a Personal Digital Assistant (PDA).
Patrick Lim, Chairman and Chief Executive Officer of Secured Digital
stated, “We are pleased that our technology
has been chosen as the integral component of the security system in this
housing complex in Selangor. This system represents the state-of-the-art
in security solutions for businesses and homes.”
“The contract will allow our technology to be
prominently displayed in this highly regarded housing project,”
Lim explained. “This second generation system
ensures convenience and ease of use without sacrificing its
industry-leading safety features.”
About Secured Digital Applications, Inc:
Secured Digital Applications, Inc. is a global provider of outsourced
business services in media production, information technology, digital
document management and trade management and consulting. The Company
serves customers in Southeast Asia as well as the United States. The
Company's media production includes 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. For more information, please visit www.digitalapps.net,
www.eystar.com, www.sdawmedia.com
and www.chinaseaco.com.
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.
