SOURCE: China Direct Trading Corp.

November 28, 2005 09:27 ET

China Direct Trading Corp. Signs Third Exclusive Agency Agreement With Chinese Generator Manufacturer

Company Receives Orders to Produce a Branded Line of Portable Generators

DAVIE, FL -- (MARKET WIRE) -- November 28, 2005 -- China Direct Trading Corporation (OTC BB: CHDT) (China Direct), a U.S.-Chinese trading company, today announced that it's subsidiary China Pathfinder Fund, LLC (CPF) has signed it's third exclusive marketing agreement for selling portable generators in the U.S. and Canada with Zhejiang Wanhao Machine Science and Technology Co.,Ltd. (ZWM) located in Fujian, China.

CPF has branded a line of portable generators for its exclusive distributor, Complete Power Solutions (CPS), which will be sold to distributors and retailers nationwide. The "Silent Solution" line of portable generators range from 3,000 watts to 7,200 watts and feature an electric starter, the unit is on wheels, and will be one of the quietest generators on the market today with a decibel level of 72-74.

CPF has taken an opening order from its distributor, CPS, for 246 portable generators which are currently in production and will be shipped in the first quarter of 2006. CPS will now have a standby power solution for the small and large user by selling its own branded line of portable and standby generators for delivery in 2006.

Howard Ullman, CEO/President of China Direct, said, " We now have exclusive agreements with Chinese factories manufacturing small, medium, and large sized generators which are all currently in production and going though through the UL approval process. All generators are expected to be ready to ship in the first quarter of 2006 just in time for the 2006 hurricane season."

CPF recently signed a five-year exclusive distribution agreement for generators on September 22, 2005 with Complete Power Solutions, LLC (CPS). Of Pompano Beach, Florida. CPS has committed to order over $7,000,000 in generators over the next 12 months. CHDT anticipates that these numbers will grow as CPS continues to expand into other states and the company now has three premier generator suppliers to keep up with the increasing demand for this product over the next decade.

CHDT is a global trading company engaged in product development, sourcing, manufacturing, distribution, logistics, and product placement into retail. The company holds patents and sells products to importers, theme parks, and retailers in 29 countries. The company and all its subsidiaries manage the production and buying process overseas for industries looking to lower costs by buying from Asia without having to do it themselves due to costs, time constraints, and language and distance barriers. CHDT welcomes OEM projects in machinery, furniture, apparel, raw materials, gifts, and more. For more information contact Howard Ullman at 954-252-3440.

FORWARD-LOOKING STATEMENTS: Some statements contained in this release may be forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements as to diversification China Direct's products and business development activities. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements.

Contact Information

  • Contact:
    Howard Ullman
    954-252-3440