SOURCE: China Direct Trading Corp.

April 03, 2007 07:20 ET

China Direct Files for New Trademark

COOPER CITY, FL -- (MARKET WIRE) -- April 3, 2007 -- China Direct Trading Corp. (OTCBB: CHDT) (China Direct), a Florida corporation, announced today the filing of a trademark application for the company's new "SIMPLY COMFORT" line of consumer comfort products to be sold by Capstone Industries ("Capstone"), a wholly owned subsidiary. Capstone, the Florida-based innovative designer, manufacturer, importer, distributor and holder of several patents in the consumer booklight and multi task lighting categories, is broadening their product category offerings. Capstone is leveraging their retail partnerships to create and market new consumer lifestyle categories such as comfort products and MP3 accessories.

The company has applied to trademark the name, "SIMPLY COMFORT," which consist of the latest comfort and speaker technology on the market today. Management will begin marketing the product line this month.

About China Direct: China Direct (http://www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Capstone Industries, Inc. (www.capstoneindustries.com) is engaged in product development, manufacturing, distribution, logistics and product placement to importers, theme parks, and mass retail of souvenirs, gifts, and consumer products. Overseas Building Supply (OBS) is engaged in distribution of building materials including but not limited to roof tiles, interior doors, and insulation materials.

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. The forward-looking statements may include statements regarding product development, new product distribution efforts, anticipated success or basis for optimism about the potential of new business expansion efforts, product potential or financial performance. The fact that CHDT seeks or consummates investments in or acquisitions of other companies or undertakes business development efforts or launches a new line of products does not mean that such transactions or efforts or new lines will favorably affect CHDT's business or financial conditions -- in general or as forecasted. In fact, investments and acquisitions as well as business development efforts could have an adverse impact on CHDT. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. 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, which statements CHDT incorporates by reference herein.

Contact Information

  • China Direct
    Rich Schineller
    Tel: +1-646-257-3902
    rich@chdt.us