SDC International Audit Nears Completion

    WEST PALM BEACH, Fla.--Oct. 11, 2002--SDC International ("SDC") (OTC:SDCN) today announced that BDO CS s.r.o. (BDO) audit of SDC and its subsidiary Tatra, a.s. is near completion. SDC's consolidated financial statements, and its annual report on Form 10-KSB have been completed, and are only subject to final approval by corporate council. SDC's 10QSB's are also soon to be finalized. Once BDO completes its audit procedures, SDC will file its Form 10-KSB with the SEC and will soon thereafter become current in the filing of its quarterly reports on Form 10-QSB. At that time, SDC will seek to regain the listing of its common shares.
    Ronald A. Adams, Chairman and CEO of SDC said: "Considering the failure of our previous audit firm to complete the consolidated audit of SDC and Tatra in U.S. GAAP format, combined what has occurred within both U.S. auditing firms and corporate America, BDO and SDC had to be sure that every step was taken to ascertain that SDC's audit met every requirement necessary to fulfill its obligation to its shareholders and the regulatory agencies. There have been absolutely no problems or discrepancies with the accounting, books, or records of SDC or Tatra. Rather, the requirement to account for eleven subsidiaries of Tatra under U.S. GAAP has been the challenge of this year's audit." Mr. Adams went on to say that he wished the process could have taken less time, but remains confident that SDC and BDO have taken all possible and appropriate actions regarding the audit and SDC's subsequent filings.