SOURCE: CHDT Corporation

CHDT Corporation

March 31, 2011 07:00 ET

CHDT Corporation Surpasses Record Q1 Revenue Projection

Sales up 600+% Versus Q1 2010

DEERFIELD BEACH, FL--(Marketwire - March 31, 2011) - CHDT Corporation, a Florida corporation (OTCBB: CHDO), ("Company"), with operating subsidiaries focused on designing and manufacturing consumer products for the North American and Latin American retail markets, reports today that the Company surpassed its projected Q1 revenues with $2,500,000 in sales and a record order backlog of over $3,000,000. Revenues increased $2,146,964 or 608% over the 1st Q of 2010.

In 2010, the Company successfully launched and has placed the eReader-Lite and eBook-Lite -- an LED adjustable light for eReaders, Light Ringers -- LED desk lamps and C-Lites -- wireless motion sensor lights in various retail channels. These products, along with continually growing sales in the Eco-i-Lite line, have resulted in record revenue growth in the 1st Q of 2011. The Company will enter Q2 with order backlog commitments of over $3,000,000 with ship dates in Q2 and Q3.

The Company will not provide earnings information at this time other than to say management expects to show a profit, which will be the first Q1 profit in Company history. The 1st Q is historically the slowest sales quarter of the year.

"As I mentioned in our year-end conference call, the future for CHDT Corporation has never been brighter. Revenues are strong and growing, profits are expected and we have a significant order backlog coming into Q2. We had a positive show last month at the International Home and Housewares Show and expect more products and additional retailers to come on board," said Stewart Wallach, CEO of CHDT Corporation.

About CHDT Corporation

CHDT Corporation (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 distributors throughout North America and Latin America. See www.chdtcorp.com for more information about the Company and also www.capstoneindustries.com for information on our current product offerings. 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 summary above, 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.