SOURCE: CHDT Corporation

CHDT Corporation

March 15, 2011 07:00 ET

CHDT Corporation to Report Record Q-1 Sales, Order Backlog and Q-1 Profits

Conference Call Scheduled for March 16, 2011

DEERFIELD BEACH, FL--(Marketwire - March 15, 2011) - Capstone Industries Inc., a wholly owned subsidiary of CHDT Corporation (OTCBB: CHDO), has shipped and booked orders during the first quarter, surpassing all of 2010 sales, resulting in record Q-1 sales, order backlog, and Q1 profits. 

In 2010, Capstone doubled the number of retail partners and increased its product offerings three fold. These new products, along with the increased number of sales channels is reflected by a rapid increase in both the Company's revenue and income. In the first ten weeks of the Company's first quarter, historically the slowest quarter of the year, Capstone has already shipped and booked in excess of $5,500,000 in orders, surpassing all of 2010 annual sales.

"I'm pleased with our growth coming into 2011 as sales velocities are increasing greatly due to positive consumer experiences which translates into multiple sales as well as the fact that our products are seeing increased visibility as we add more retailers to our customer base. Our online/catalog accounts' sales continue to grow and our Latin American distributor has placed re-orders which confirms our products are selling in those markets as well," said Stewart Wallach, CEO of CHDT Corporation. "After years of investing in R & D as well as cleaning up our balance sheet, I believe the Company is poised to deliver strong financial results in 2011," he said.

The Company has scheduled a conference call for March 16, 2011 at 11:00 a.m. EDT. Shareholders are to call in at 1-800-791-2345 with participant code 45101#.

About Capstone Industries, Inc.

For more than a decade, the South Florida based Company, Capstone Industries, has specialized in the design, production, and distribution of consumer products as a supplier to major retail operations throughout North America and Latin America. 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.

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 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 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.