Secured Digital Awarded $1.36 Million RFID Inventory Tracking and Management Contract
Thu Aug 16, 10:02 AMNEW YORK--(BUSINESS WIRE)--Secured Digital Applications, Inc. (OTCBB: SDGL.OB), a leading provider of Business Process Outsourcing (BPO) services and systems integrator for Radio Frequency Identification (RFID) enabled tracking applications, announced today that the Company was awarded a contract by a regional third party logistics warehousing, packaging and fulfillment provider to provide a Web-based RFID inventory tracking and management system.
The contract, valued at $1.36 million, is expected to be completed by December 2007. The client operates approximately 350,000 square feet of warehouse space specializing in processed and perishable food products for distribution in South East Asia.
The Company will install Secured Digitals multi-band RFID inventory tracking and management system that will be integrated with the clients financial accounting solution. Goods arriving at the warehouse are RFID enabled with a combination of passive and active tags. This will allow the client to monitor inventory count and zone individual items within the warehouse. It can also detect movement of high value items and trigger alarms if those items are not authorized to be moved. In the event of any attempt to tamper or block the reading of any tag, the system will automatically notify the client.
The Company said that the system will allow its client to view the status of their inventory at any time using Secured Digitals Web-based RFID tracking solution. This will enable the client to check availabilities and provide up-to-the minute information, a valuable service for its customers with just-in-time delivery requirements.
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 consulting. The Company serves customers in 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. The Company also develops and implements solutions for biometric security systems, business process and RFID enabled applications including document, people, inventory and asset tracking. For more information, please visit www.digitalapps.net, www.eystar.com and www.sdawmedia.com. Information on our websites do not comprise a part of the press release.
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. 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 our ability to obtain financing on terms acceptable to us to finance our business and growth strategy. 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. Investors should carefully consider the preceding information before making an investment in the common stock of the Company.
Newport Capital Consultants
Stephen Jones, (972) 712 1039
esjones1@aol.com




