SOURCE: CHDT Corp.

CHDT Corp.

March 03, 2009 08:00 ET

CHDT Corp. Sets Sights on International Opportunities

DEERFIELD BEACH, FL--(Marketwire - March 3, 2009) - CHDT Corp. (OTCBB: CHDO), a Florida-based management company with operating subsidiaries focused on designing and manufacturing consumer products for the North American retail market, today announced that its wholly owned subsidiary, Capstone Industries, has hired Kenneth G. Drescher as Vice President of International Sales.

Ken has over 30 years of sales, marketing and general managerial experience in the consumer products industry, both domestically and internationally. He is a graduate of the college of William and Mary in Virginia, is a veteran and former officer in the U.S. Marine Corps, and spent his early career in sales with Procter & Gamble, having held three different levels of sales management responsibility with that company. He helped grow revenues at the Regina Company from $35 million to over $165 million while VP of Sales and Marketing at the Regina Company. He later joined Rayovac Corporation, where he held positions as VP, Consumer Sales, VP of North American Sales, and Managing Director of Rayovac Europe, Middle East, and Africa. On his return to the US, he was retained by Wellington Cordage, LLC where he developed a new branding and category segmentation model that led to growth through incremental sales in a commodity business. We look forward to profiting from Ken's wealth of experience in the development of new revenue streams in the international markets.

For more than a decade Capstone Industries has specialized in the design, production, and distribution of consumer products as a supplier to major retail operations throughout the USA. Having initially garnered recognition for their innovation in book light, task light and specialty lighting programs, the company has recently introduced the Eco-i-Lite program; the company also entered the power tools and auto accessory arena as an Official Licensee of The Armor All/STP Products Company. Currently expanding into the field of consumer electronics with the Personal Pocket Safe™, Secret Diary™, and Safe Mouse™, Capstone Industries is committed to the development and distribution of unique and inventive products to a variety of channels including automotive, convenience store, drug & grocery, hardware, home improvement, mass market, specialty and warehouse clubs. Due to the successful placement of a number of Capstone's programs within the aforementioned channels' leading retailers, several overseas companies have expressed interest in the Company's products. Ken Drescher will explore these opportunities and shape the Capstone programs to meet the needs of retail and distributor opportunities outside the US.

"Looking into the International markets could not have come at a more opportune time. The US retail market is not expected to fully recover in the near term and although our products are being received well at retail, the velocity of sales has declined across all categories. Expanding distributions to other countries could enable us to continue our growth during these challenging times. In short, we will broaden our markets and leverage the innovation we have invested in," said Stewart Wallach, CEO of CHDT Corp. "We are pleased to have an experienced sales executive like Ken who is familiar with the nuances of these new markets and can assess the potential with little delay," he added.

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. Reference of 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. 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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