Market Pulse Breaking News Alert for Monday, November 1, 2004: CHDT - China Direct Trading Corp. Named Exclusive U.S. Distributor for Leading Chinese Furniture Manufacturer!

Market Wire, November, 2004

Market Pulse News Alert for this PM, Stocks to Watch are: China Direct Trading Corporation (OTC BB: CHDT), Travelzoo Inc. (NASDAQ: TZOO), Research In Motion Ltd. (NASDAQ: RIMM), and Peoplesoft Inc. (NASDAQ: PSFT).

Investors need to be watching China Direct Trading Corporation (OTC BB: CHDT) this PM! China Direct Trading is a global trading company engaged in the development and distribution of manufactured goods, mostly souvenir and gift items, to theme parks, importers and retailers worldwide. The company is a conduit between Asia and the U.S. and is currently working with customers in industries such as textiles, automobiles, health technology, and other sectors! China Direct Trading had great news out before today's opening bell! This could be excellent news for investors!

China Direct Trading Corporation (OTC BB: CHDT) was appointed today as the exclusive U.S. distributor in the United States and Canada for Beijing Huawei Furniture Co., Ltd., (Huawei), a leading Chinese manufacturer of quality furniture for commercial and residential uses.

The two companies signed an exclusive distributor agreement in Beijing. Huawei had sales in 2003 in excess of $15 million, and anticipates revenues in excess of $25 million for 2004. The company currently exports to South Korea, Japan, Russia, Dubai, and has planned for some time to enter the U.S. furniture market.

"The U.S. market for imported furniture is growing rapidly, and we intend to be a major player in that market," said Wang Hong Kun, President of Huawei. "Following an extensive study of the U.S. market, and research regarding possible joint venture partners, we have concluded that China Direct will make our entry into the U.S. market successful. We proudly offer the rich Chinese tradition of excellence in furniture design and craftsmanship," he said. Wang Hong Kun is Chairman of the Beijing Furniture Trade Association and has diversified interests in real estate development, engineering and construction companies in China.

"We are excited about being the exclusive U.S. distributor for Huawei. Huawei fits into our business strategy of diversifying our product line with quality Chinese manufactured goods. Huawei produces superior, quality furniture that will, in my opinion, will find a market in the U.S, among consumers seeking excellence in design, materials and craftsmanship," said Howard Ullman, CEO and President of CHDT.

BUSINESS: CHDT is a global trading company engaged in product development, manufacturing, distribution, logistics, and product placement into mass retail. The company holds patents and sells products to importers, theme parks and directs to retail worldwide. By establishing relationships with various governmental agencies, public and private institutions, and private industries in China the Company aims to play a key role in assisting U.S. companies that desire to move production or investments into China as well as helping Chinese firms grow through U.S. distribution and financial support. In addition, the company acquires and invests in innovative products, services, or technology companies.

Stocks acting well in today's trading include: Travelzoo Inc. (NASDAQ: TZOO), Research In Motion Ltd. (NASDAQ: RIMM), and Peoplesoft Inc. (NASDAQ: PSFT).

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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated two million restricted shares of China Direct Trading Corp. by the company. MP, in a separate, negotiated transaction acquired directly from an existing shareholder, a block of eight hundred thirty three thousand three hundred thirty four free trading shares of China Direct Trading Corp. for a total purchase price of twenty thousand dollars. In addition, MP in the open market, previously purchased four hundred sixty six thousand six hundred sixty six shares of stock in China Direct Trading Corp. for a total purchase price of twenty two thousand one hundred sixty seven dollars. To date, MP has sold four hundred fifty thousand shares of stock in China Direct Trading Corp. for proceeds totaling twenty nine thousand dollars. MP's officers and directors reserve the right to buy additional shares of the company discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market Pulse News Alert is a division of MP.