Secured Digital Applications, Inc. Awarded $1.56 Million Contract for Supply and Installation of Biometric Security System.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--March 11, 2004 Secured Digital Applications, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SDGL) announced today it has been awarded a $1.56 million contract by MY Architect for the supply and installation of a biometric security system in a multiple-use real estate development project located in Shah Alam Shah Alam (shä ä`ləm), 1728–1806, Mughal emperor of India (1759–1806). Driven out of Delhi in 1758, he nonetheless proclaimed himself emperor after the murder (1759) of his father, Alamgir II. , Malaysia. Installation is anticipated to begin in the third quarter of 2004 and be completed by the third quarter of 2005. The contract calls for the Company's subsidiary, Animated Electronic Industries Sdn Bhd SDN BHD Sendirian Berhad (Malay equivalent to incorporated) (AEI AEI American Enterprise Institute AEI Archive of European Integration AEI Australian Education International AEI Automotive Engineering International AEI Australian Education Index AEI Albert Einstein Institute ) to provide a comprehensive biometric security system using face and fingerprint recognition Fingerprint recognition or fingerprint authentication refers to the automated method of verifying a match between two human fingerprints. Fingerprints are one of many forms of biometrics used to identify an individual and verify their identity. technology for the 312 apartments and 65 office and retail units included in the development project. The system will include biometric technology for apartment door locks, elevator access control, to control vehicle access into and out of the development and for visitor registration. Mr. Patrick Lim, Chairman and Chief Executive Officer, stated, "We believe this contract represents a significant endorsement of Secured Digital Applications' biometric technology and our ability to provide a complete security solution for our customers. The company has strived to achieve a high standard for its products and services in the biometric security marketplace and I believe that we are well positioned to expand sales to real estate developers and architects." AEI is in negotiations with MY Architect for a separate contract for the maintenance of the security system. About Secured Digital Applications: Secured Digital Applications, Inc. (formerly known as Digital Broadband Networks You can assist by [ editing it] now. , Inc.) and its subsidiaries are involved in the development, integration and provision of secured shipping and supply chain management service; the sale of biometrics security systems and the development of Web based interactive multimedia content. The group is also involved in the sale of the EyStar SmartHome Console, broadband modems and IP cameras. For more information, please visit www.digitalapps.net and www.eystar.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: Investors should carefully consider the preceding information, as well as other information contained herein before making an investment in the common stock of the Company. Information contained herein contains forward-looking statements and information that are based upon 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. Such 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. Morris Capital Markets Communications LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control provides investor relations Investor relations The process by which the corporation communicates with its investors. and financial communications services to the Company. As such Morris Capital Markets Communications LLC and/or its officers receives only cash remuneration for its services in compliance with the National Investor Relations Institute The National Investor Relations Institute, known as "NIRI", is the professional association for investor relations professionals in the United States. NIRI was founded in 1969 and has more than 4,500 members, both from the United States and other countries. Standard of Practice and SEC regulations. |
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