Secured Digital Technologies (SDGL.OB), a microcap RFID company that I own and have profiled here, today announced its 2008 guidance.  For fiscal 2008, the $27.1 million company expects revenues of $55 – 60 million and net income of $2.5 – $3.5 million.  According to the company, these numbers “do[] not include new orders and contracts currently being negotiated with several parties…. RFID, in particular, has emerged as the driver of productivity growth globally, covering all sectors. China is expected to be a major contributor to SDGL’s revenue in 2008.”

Secured Digital also indicated that its revenues for 2007, not yet audited, were $46.0 million, a 25.5% increase year on year growth over 2006.

The market views the guidance as mildly positive, boosting shares approximately 5% to $.20.  I expect that SDGL shares will soon retest 2007 highs around $.23.

DISCLOSURE:  Long SDGL.OB as of Jan. 3. 

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