SOURCE: China Direct Trading Corp.

March 13, 2007 10:16 ET

Overseas Building Supply Reports Results From International Roofing Expo in Las Vegas; Announces Roof Tile Distribution

COOPER CITY, FL -- (MARKET WIRE) -- March 13, 2007 -- China Direct Trading Corporation (OTCBB: CHDT) subsidiary Overseas Building Supply (OBS) today announced results from exhibiting their roof tile lines at the 2007 International Roofing Expo at the Las Vegas Convention Center March 6th through 8th. (www.theroofingexpo.com)

OBS representatives received requests for display showcases for the OBS tile line from six South Florida roofing companies. We are also pleased to announce OBS has new tile distributors with operations in Miami and Hawaii and also engaged a Canadian and Kansas sales representative.

"This show was an important step for us in getting in front of the exact audience we need to reach," said Howard Ullman, Chairman and CEO of China Direct. "Getting displays into the top roofing companies, signing distributors to expand our geographic reach and meeting our end users -- the roofing community -- are all important steps in fulfilling the potential for our tile products. We met hundreds of roofers from around the country and this is the kind of marketing exposure we need to generate orders."

Also, OBS for the first time exhibited natural slate tiles sourced from China. The slate tiles on average cost thirty percent less than those sourced domestically. OBS has signed an exclusive agreement for the slate tiles for Florida with a slate producer in China.

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. Capstone Industries, Inc. (www.capstoneindustries.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of consumer items. None of the web site URLs listed in this press release is incorporated into or is 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 quality and orders, perceived market demand for our products that is purely anecdotal in nature, 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 and its subsidiaries 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

  • China Direct
    Rich Schineller
    Tel: +1-941-918-1913
    rich@chdt.us