NEW YORK, 21 Jan. 2008. Secured Digital Applications Inc., a provider of business process outsourcing services and systems integrator for Radio Frequency Identification (RFID), Global Positioning System (GPS), Global System for Mobile Communications (GSM), Wireless Local Area Network (WiFi) and Bluetooth applications, has entered into an agreement with New Alliance (China) Ltd, Hong Kong for the supply, installation, and maintenance of EyStar SOS-03 real-time fleet-tracking management system valued at $1.89 million to a logistics operator based in Fuzhou, China.
The installation is expected to commence in April 2008 and is expected to be completed by July 2008. In addition to providing an audit trail of each vehicle and employee, the SOS-03 has bi-direction phone conversation capability and emergency help call function.
Patrick Lim, chairman and CEO of Secured Digital: "The potential for China's logistic industry is huge as logistics costs in China account for 20 to 25 percent of total operating costs whereas they make up less than 10 percent of operational expenses in developed economies."
