Wednesday, April 4, 2012

CHDT Corporation (OTCBB: CHDO) Announces Orders of $3.6 Million Received in the First Quarter of 2012

CHDT Corporation (OTCBB: CHDO) Announces Orders of $3.6 Million Received in the First Quarter of 2012Orlando, FL 4/4/12 (StreetBeat) -- CHDT Corporation (OTCBB: CHDO), a leader in the design and manufacture of specialty power failure lighting solutions and innovator of consumer safety and security products for the North American retail markets, announced today it received in the first quarter of 2012, $3.6 million in orders that are expected to ship in the second through fourth quarters of 2012. The orders are a result of both an increase in end-user acceptance of the Company's power failure lighting solutions and security and safety products and the Company’s recently launched domestic distribution program. Orders for the first quarter of 2011 were $1.15 million.

Stewart Wallach, President and CEO, commented, “The significant growth in orders in our first quarter marks a very solid start to 2012. Our power failure lighting solutions, such as the Eco-i-Lite power failure product line, are driving our growth in the consumer products arena. We are continuing to develop new products that address safety and security while integrating our lighting technology know-how and manufacturing expertise.”

Mr. Wallach added, “We believe our new domestic distribution strategy and the increase of independent sales agency representation will support our growth initiatives, and, ultimately, be the catalyst that allows us to expand the availability of our products throughout the U.S.”

More information on the Company and its products can be found on the Company website at:www.capstoneindustries.com.

About CHDT Corporation

CHDT Corporation is a public holding Company that engages, through its wholly owned subsidiary,Capstone Industries, Inc., in the development, manufacturing, logistics, and distribution of consumer products to retailers and wholesalers throughout North America.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

StreetBeat Disclaimer

Distributed by Viestly

No comments:

Post a Comment