News: Secured Digital to Install RFID Container and Pallet Tracking Solution with Fleet Maintenance System
Monday June 4, 10:15 am ET
NEW YORK--(BUSINESS WIRE)--Secured Digital Applications, Inc. (OTCBB:SDGL - News), a leading provider of outsourced business process and IT applications, today announced that it was awarded a contract by a leading logistics operator in South East Asia. to provide a Web-based tracking and maintenance system using radio frequency identification (RFID) technology.
ADVERTISEMENT
Valued at $893,500.00, the contract is scheduled for completion by October 2007. The contract requires the installation of Secured Digital's RFID-based automatic tracking solution for containers and pallets, which will be integrated with the client's existing fleet maintenance system. The system will be implemented in the client's warehouses and vehicle maintenance depots in Malaysia and Singapore.
Apart from accurately identifying the location of pallets and containers and unscheduled movements occurring within the warehouse, the integrated system is designed to improve the location of cabs, trailers and other fleet vehicles within the RFID-enabled parking lots, maintenance depots and warehouses.
Patrick Lim, Chairman and Chief Executive Officer of Secured Digital, stated, "Despite facing intense competition from established RFID application providers, our solution was selected for its unique security features along with its WiFi software interface which allows users to access real time data through their personal digital assistant (PDA)."
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 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, business process and RFID applications including inventory and asset tracking. For more information, please visit www.digitalapps.net, www.eystar.com, and www.sdawmedia.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.
Contact:
Newport Capital Consultants
Stephen Jones, 972-712-1039
esjones1@aol.com
--------------------------------------------------------------------------------
Source: Secured Digital Applications, Inc.
