SOURCE: CHDT Corp

CHDT Corp

August 17, 2009 07:00 ET

CHDT Corp. Reports Record 100% Increase in First Half 2009 Gross Revenues of $2,543,375

DEERFIELD BEACH, FL--(Marketwire - August 17, 2009) - CHDT Corp. (OTCBB: CHDO), a Florida corporation with operating subsidiaries focused on designing and manufacturing consumer products for the North American retail market, reported 2nd Quarter gross revenue of $845,448 an increase of 22% over the $694,596 reported for the prior year's second quarter 2008. CHDT finished the first half of 2009 with gross revenues of $2,543,375, an increase of $1,274,699 or 100% versus the same period in 2008. The company reported a $3,050,000 order backlog to date, to be shipped in the third and fourth quarters of FY2009.

Capstone Industries generated all YTD gross revenues. The gross revenue increase resulted from the placement of the Eco-i-Lite products, the Company's multi-functional, power failure light program, the launch of the company's new Book light programs and sales of our STP-branded tools program.

As of June 30th, 2009, the company reported a 6 month net loss of $675,000 as compared to a net loss of $1,140,000 for the 6 months ended June 30th, 2008, reducing the loss by $465,000 or 41%. Management expects losses to continue to narrow in the third quarter of FY2009 and is anticipating profitability at year end in our core operations.

"We are pleased with our continued performance and growth through the 2nd Quarter of 2009. In spite of retail pressures that continue, our management team remains focused on innovative developments and new product placements," said Howard Ullman, Chairman of the Board of CHDT.

About CHDT Corp.: CHDT Corp. (http://www.chdtcorp.com) 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 http://www.chdtcorp.com for more information about the company and www.capstoneindustries.com, www.takeanyware.com, www.stptools.com for information on our current product offerings. References to URL's in this press release does not incorporate said URL's 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. Such statements consist of words like "anticipate," "expect," "project," "continue" and similar words. 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 forward-looking 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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