SOURCE: China Direct Trading Corp.

November 07, 2005 07:30 ET

China Direct Trading Corp. Submits Chinese Roof Tiles to Testing Firm

COOPER CITY, FL -- (MARKET WIRE) -- November 7, 2005 -- China Direct Trading Corporation (OTC BB: CHDT), a U.S.-Chinese trading company, today announced that its subsidiary, China Pathfinder Fund, LLC (CPF), has taken its first step towards being the first company to import Chinese roof tiles for the building industry by hiring IRT and John D'Annunzio, a 20-year roofing consultant and testing firm located in Fort Lauderdale, Florida. IRT will test all roof tiles and assist in the application and approval process with the Dade County building code dept., which has the toughest standards in the country. Approval is expected in 60 to 90 days. China Direct has sourced the premier roof tile manufacturers in China where deleiveries are 60 to 90 days versus U.S. suppliers quoting deliveries up to one year.

"We are anxious to go through the approval process so we can begin shipping tile to roofing companies, tile wholesalers, and developers throughout the U.S. who have contacted our company looking for reasonable deliveries. IRT is experienced in this process and we look forward to working with them," said Howard Ullman, Chairman and CEO of CPF.

The company will begin taking orders on roof tile on November 9th, 2005, and will ship all orders on a first come, first serve basis. 120-day deliveries are being quoted and will drop to 60 days upon Dade County approval.

CPF will also manufacture custom tile designs on 120-day turnaround.

CHDT is a global trading holding company with subsidiaries involved in trade in various industries in China. China Pathfinder Fund, LLC (CPF) is one of the company's wholly owned subsidiaries engaged in trade of items other than souvenirs and novelties and is currently selling roof tiles and generators. For information on these new products, please go to www.chinadirecttradingco.com.

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:
    Tim Clemenson
    Rubenstein Investor Relations
    212-843-9337