Wednesday, August 25, 2010

CHDT Corp. (CHDO.OB) Subsidiary Generating Revenues through Second Order from National Book Retailer

CHDT Corp. announced today that its wholly-owned subsidiary, Capstone Industries, has received a re-order from a national specialty book store chain. The book store chain has placed an additional order for Pathway Lights®, Multi-Pose Brightbook in two colors and the Retro Taskbright in two colors.

The Multi-Pose Brightbook is a portable, lightweight and adjustable super-bright reading light that can either clip to the book or stand on its own. The contemporary design features 4 LED lights that never have to be replaced. The Retro Taskbright is similar in lighting capacity to the Bookbright, but has an on/off button and a flexible neck.

Reid Goldstein, President of Capstone, commented, “The future growth of our Company is dependent on product sell-through which generates re-orders. Receiving a new customer’s first re-order validates that our products sold through and indicates an ongoing relationship in the future.”

Capstone has been seeing success recently with sales of its lighting products. On the 19th of August, it was announced that a national office supply chain will begin carrying its Mini Eco-i-Lite product. This is a lithium-powered, multi-function, power failure light that is environmentally friendly and requires no battery or bulb change. The product automatically illuminates when lifted from its charging ring or when a power failure occurs and provides soft nighttime lighting to help users find their way in the dark.

The “mini” is a smaller version of the Eco-i-Lite that has been gaining popularity over the last several years. Earlier this month, CHDT announced that for the third consecutive year a national retailer has placed re-orders for the Eco-i-Lite. The most recent order was in excess of $2 million. As of the beginning of August, Capstone has a backorder that is scheduled to be shipped in the last two quarters of 2010 totaling $4.6 million.

Shares of CHDO have climbed during the month of August from $.0025 to $.011.

More information on CHDT Corporation can be found on the Company’s website at www.chdtcorp.com.

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