CHDT Corp's STP Products to Be Featured in Two Major Catalogs
Market Wire, February, 2008
CHDT Corp's (OTCBB: CHDO) wholly owned subsidiary, Capstone Industries, a consumer products company focused on product placement with wholesalers and retailers nationwide, announced today that some select items from its STP tools and automotive accessories will be featured in two major mail order catalogs. The company will announce which catalogs and products will be featured once catalogs are in the mail.
Capstone's sales force (Vice President of sales, National sales manager, and 8 manufacturer's representative agencies [with over 80 salespeople]) have been presenting the STP product lines to retailers, distributors, mail order houses, and online retailers for the past three months (and longer in some instances). The company has received orders from two major retailers and expects this list to grow over the next few months and quarters as programs are slotted into retailers' planned programs or as products are developed according to the customer's special requests. Capstone is currently developing new products for a number of retailers considering to buy STP branded products either in lieu of, or as a step up, to their none branded, lesser quality product offerings. This development process takes about three months from art to mold to approval and then production. Capstone launched 35 STP products (in prototype and mockup form) in November and currently has 60 products in various finishing stages.
STP® and Armor All are trademarks of Clorox Corp.
CHDT Corporation is a management company, providing services and taking an active role in the management and direction of all business units that could benefit from cumulative business experience in a variety of industries. Common components operated at the corporate level are human resources, financial services, accounting services, legal services, budgetary control, marketing support, information technology, and systems support. By providing these corporate services for the business units, each unit is charged with focusing on planned revenue growth. See http://www.chdtcorp.com for more information about the company and www.capstoneindustries.com and www.stptools.com for information on our current product offerings.
FORWARD-LOOKING STATEMENTS: This press release, including the financial information that follows, contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended. These statements are based on the Company's and its subsidiaries' current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. CHDT undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release and risks associated with any investment in CHDT, which is a small business concern and a "penny stock company" and, as such, a highly risky investment suitable for only those who can afford to lose such investment, should be evaluated together with the many uncertainties that affect CHDT's business, particularly those mentioned in the cautionary statements in current and future CHDT's SEC Filings.
CONTACT: Jane Klein Email Contact 954-252-3440
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