SDGL Announces Initiative to Develop a System to Search and Match DNA Data
Secured Digital Applications, Inc. announced today a joint project between SDGL, its partner companies and a leading Malaysian IT company. This project will enable the search and match of DNA data for newborns and registered criminals for use, primarily, by the Government of Malaysia.
The project will be developed by a joint venture company led by SDGL. The project will be financed by internally generated funds. Additional financing in the form of a grant will be sought from the Multimedia Development Corporation (www.mdc.com.my ). The Multimedia Development Corporation is charged with the responsibility of implementing the Multimedia Super Corridor (MSC), a Malaysian initiative for the global information and communication technology (ICT) industry. This ICT hub hosts more than 900 multinational, foreign-owned and Malaysian national companies focused on multimedia and communications products, solutions, services and research and development.
The targeted completion of the beta version will be 9 months from the commencement date. The commencement of field trial will be the beginning of the 10th month, with full commercial implementation targeted for the 21st month.
“We are proud to be part of this project. Protecting all of our citizens is paramount. This search and match DNA database allows us to do this better,” said Patrick Lim, Chairman and CEO of SDGL.
About Secured Digital Applications:
Secured Digital Applications, Inc. (formerly known as Digital Broadband Networks, Inc.) and its subsidiaries are involved in the development, integration and provision of secured shipping and supply chain management service, 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 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.
