CHDT Corp. - Innovation Is the Key to This Company's Record 2011 Performance
(firmenpresse) - DEERFIELD BEACH, FL -- (Marketwire) -- 08/25/11 -- Capstone Industries, a subsidiary of CHDT Corp. (OTCBB: CHDO), has posted two consecutive record quarters and further projects a record 3rd quarter due to the strength of its order backlog. "The Company attributes its record performance to innovation," stated Stewart Wallach, CEO of CHDT Corp. He added, "The Company continues to focus its energy on expanding its induction charging technology-based lighting products with broader assortments and applications."
"We respect the needs and wants of today's cautious consumer by delivering the best products possible at the lowest possible prices," said Reid Goldstein, President of Capstone Industries. "Both objectives must be met to achieve success in today's competitive arena of retailing. We are doing more business in a tougher economy as retailers seek exceptional product offerings to stimulate their assortments. Value that is effectively communicated to the consumer at the point of sale has never been more important to our retail buyers," said Goldstein.
"The Company will post record year-to-date revenues and profits at the close of Q3," said Gerry McClinton, CFO for CHDT Corp. "Our teams are working hard to sustain this momentum and the results validate their effort. These are tough times but exciting times for companies that are responsive to the changing demands of the retail marketplace," stated McClinton.
For more than a decade, the South Florida-based Capstone Industries has specialized in the design, production, and distribution of consumer products to retailers and wholesalers throughout the USA. Capstone Industries is committed to the development and distribution of unique and inventive products to a variety of channels including bookstore chains, convenience stores, drug & grocery, electronics, hardware, home improvement, internet, mail order, mass market, office supply, specialty, and warehouse clubs.
CHDT Corporation () is a public holding Company that engages, through its wholly owned subsidiaries, in the development, manufacturing, logistics, and distribution of consumer products to retailers and wholesalers throughout North America. See for more information about the Company. Reference of URLs in this press release does not incorporate said URLs or any of their contents in this press release.
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.
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Datum: 25.08.2011 - 05:00 Uhr
Sprache: Deutsch
News-ID 1033759
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