SOURCE: China Direct Trading Corp.

July 20, 2006 10:15 ET

China Direct Trading Corp Receives NOA for Chinese Roof Tile

Chinese Roof Tile Now Eligible for Sale Under Dade County Notice of Acceptance No: 06-0407.05

COOPER CITY, FL -- (MARKET WIRE) -- July 20, 2006 -- China Direct Trading Corporation (OTCBB: CHDT), a U.S.-Chinese trading company, today announced that the imported Chinese Clay Roofing Tiles of its Overseas Building Supply, LLC (OBS) subsidiary are now eligible for sale under the Notice of Acceptance (NOA) from the Dade County Product Control Division, which governs the product review process in Dade and Broward Counties, Florida.

In accordance with the rules of the NOA, OBS may commence taking orders from roofers, tile distributors, homeowners, and retailers starting today, July 20th, for goods starting to leave on August 15th and first delivery in the U.S. on September 10th. For immediate information on the roof tiles, including photos and testing results proving superior strength and physical properties, visit www.chdt.us. To order tiles or for further information, call Howard Ullman at 954-252-3440.

OBS has entered into an exclusive distribution agreement with a China Ceramic Tile factory. The ISO9001 rated factory has 1,256 workers in a 200,000 square meter facility. OBS has secured annual production of twenty million tiles and the factory can expand its production facility if and when demand dictates.

About China Direct: China Direct (http://www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in distribution of building materials including but not limited to roof tiles, interior doors, and insulation materials. CPS (http://www.completepower247.com) is a majority-owned subsidiary engaged in a turnkey solution for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items in 29 countries. None of the web site URLs listed in this press release are incorporated into or are part of 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. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect. Actual results may differ materially from those anticipated results set forth in the statements. The forward-looking statements may include statements regarding consumer demand, product orders, product development, product potential or financial performance. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. China Direct undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Approval of products by governmental authorities does not mean that the products will be accepted by consumers or produce any revenues or profits. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company, should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the cautionary statements in current and future China Direct SEC Filings, which statements we incorporate by reference herein.

Contact Information

  • Contact:
    China Direct
    Rich Schineller
    Tel: +1-941-918-1913