Regarding our competitive position in the industry, we are a new entry into
this marketplace and we are not well known. We will compete with numerous
providers of online or Internet accessible applications and services
companies, many of which have far greater financial and other resources than
we do. Many of these companies have established histories and relationships
in providing online applications or systems that enable them to attract
talent, marketing support, and financing. Moreover, proven track records
are of paramount consideration in selecting vendors. We expect that we are
currently behind our competitors in terms of revenue, brand awareness and
market share. Our major competitor in this field is Verisign.
We believe our products will be competitive in the market place and with
potential customers as our products are full featured and fully integrated
while requiring only minimal customization. The use of our products do not
require extensive training and does not require add on components from third
party developers.
We believe that our products will prove to be cost effective and easy for
users to adopt and use. We also plan to market our products and services
through channel partners and resellers, to broaden our exposure to customers
and users.
While our management team has significant business experience, we, as a
company, have no proven track record in the software or online services
industry. We can provide no assurance that we will be able to successfully
market our systems or compete within this industry.
Company Description
Secure Digital, Inc. is a Nevada based company focused on creating and
marketing solutions for a range of business and consumer oriented Internet
security problems. The Company's solutions will be founded on its ability
to provide digital certificate services,. Digital certificates are used for
digital signatures, authentication of devices or people, web site security
and encryption. Digital Certificates allow Internet and electronic commerce
users to digitally sign documents and authenticate themselves much as they
would in person. The Company will compete in a segment of the Internet
security market referred to as “ PKI ” – Public Key Infrastructure. PKI
vendors attempt to address Internet security issues, providing a means for
authentication and encryption. Currently, we do not have a developed product
and there is no assurance that any future development activities will result
in the development of a commercially marketable product.
Our objective is to provide data and communications security solutions
embodied as both products and services, which more particularly addresses
Internet communication security and privacy. Our business model is to produce
a version of the Secure Digital, digital security products that are
downloadable and that will run under Microsoft Windows, Mac OS, as well as
Linux, Unix and other operating systems.
Upon completion of programming and testing we will market and sell these
downloadable security solutions via our website on the Internet at
www.sd-securitysystems.com, which was posted online on June 2, 2011. We
did not develop our original digital security products ourselves, the original
digital security products were developed by Commguard, Inc. We acquired the
Commguard digital security products in its entirety on July 18, 2007 from
Commguard Inc. for the purchase price of 500,000 shares of our common stock,
pursuant to Section 4(2) and Regulation D, Rule 506 of the Securities Act of
1933.
During 2009 when attempting to upgrade the Commguard digital security products
it was found that the Commguard digital security products were no longer
compatible with the updated PKI infrastructure and it was cost prohibitive
to upgrade the Commguard digital security products as much of the programming
language and software used in creating the Commguard digital security products
was out dated. Currently, Secure Digital has embarked on creating its own
brand of Digital Security products using the most up to date programming
language (Ruby).
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Our statutory registered agent's office is located at 8275 S. Eastern
Avenue, Suite 200 Las Vegas, Nevada, 89123 and our business office is
located at 2 Glenwood Lane Huntington NY, our telephone number is
631-662-6674. Our website : www.sd-securitysystems.com.