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| SDGL Announcements | |||
01 /05/ 2010 Secured Digital Announces Completion of Reorganization and Award of Contract for its Solar-Wind Hybrid System New York, NY – January 5, 2010 - Secured Digital Applications, Inc. (OTC Pinksheets: SDGL) today announced that it has completed theits reorganization of its businesses following a comprehensive review of the Company’s businesses, structure and value creation strategies. Beginning January 1, 2010, the Company will focus in the design and supply of renewable energy generation, logistics control and optimization systems. SDGLThe Company has organized its businesses under three operating segments comprising of solar-wind hybrid system, smart home system; inventory and logistics control system. The smart home and logistics control systems are our legacy business while the solar-wind hybrid system was included in our product offerings in the second half of 2009. Going forward, SDGL will license its technology and applications to third parties and limit its involvement in multimedia content production and mobile communications. In line with its reorganization, the Company has also re-branded its entire product offerings under the name of “Cnergy.” Solar-Wind Hybrid System We included the solar-wind hybrid system in our product offerings after conducting an in-depth study on its demand potential and synergy with our smart home system. Our unique solar-wind hybrid system, developed in collaboration with Hall Kingston Holdings Limited, features an intelligent regulator that automatically adjusts the turbine speed to generate maximum power. Supply Contract SDGL’s subsidiary, Juta Ketara, was awarded a $1.65 million contract by a government-owned company to design, supply, install and commission a 50 KW off grid Horizontal Axis Wind Turbine to provide electricity to 150 households in a remote village located on the island of Sumatra, Indonesia. The hybrid system features a remote power tele-monitoring unit that can display real-time and event log data for tracking and analyzing the system’s efficiency via a GPRS network. The system is expected to be installed and commissioned by the end of April 2010. “We are pleased with the results of the bold and aggressive steps we have taken to rebuild SDGL in 2009, said Kamaruddin Bujang, President of SDGL. The reorganization exercise has enabled each of our business segments to stand alone to execute on each segment’s opportunities.” In response to recent inquiries on the status of its audited financial statements and financial performance during 2009, the Company is in the process of preparing a list of frequently asked questions. Shareholders who wish to ask questions are requested to submit their questions by end of business day January 8, 2010. About Secured Digital Applications, Inc.: Safe Harbor Statement: Contact:
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