Customer service is what separates the Professionals from the fly-by-night companies. The new propane gas division is a brilliant idea and shows both Home Depot and shareholders just how serious Howard is about being Home Depots premier Generator provider/installer.....take a minute and read this PR from last month and remind yourself the quality of the company we own!
COOPER CITY, FL -- (MARKET WIRE) -- 05/08/06 -- China Direct Trading Corp. (OTC
(China Direct) today announced that its majority-owned subsidiary Complete
Power Solutions, LLC (CPS) has launched a new propane gas sales division
dedicated to CPS power generator customers. The new propane gas division
is being funded by a $750,000 loan from two China Direct directors. CPS
expects the gas division to eventually become a major contributor to CPS
revenue and earnings.
CPS was granted a Propane Gas distribution license in April 2006, and the
first gas delivery truck will be purchased this week. CPS is also seeking
a permanent storage tank location. The average standby power Propane Gas
tank holds 500 gallons and the new truck will begin servicing CPS customers
early next week. CPS currently has hundreds of power generators installed
throughout South Florida.
According to Howard Ullman, CEO/President of China Direct, "The standby
power generator sale is all about alleviating anxiety over potential loss
of power. With the launch of our own gas division, we will further
alleviate customer anxiety about not getting fuel as required from vendors.
With CPS currently adding 150 to 200 new customers every month this year
and 70% of those installations requiring propane tank installation and
fuel, CPS believes that starting a fuel division is a natural extension of
CPS' core business. CPS will only dispense gas to their power generator
customers and we believe that offering this service will not only further
differentiate us from the competition and assist in closing power generator
sales."
CPS recently announced the doubling of its sales and support infrastructure
to meet current market demand for standby power generation in South
Florida. CPS offers a turnkey power solution from sales, permitting,
delivery, installation, maintenance and service of generators, including
their fuel tanks. CPS also sells a pre-engineered proprietary concrete
standby generator installation pad designed to reduce noise and to minimize
vibration (STC Rating of 48) that is 1/3 the weight of normal concrete.
China Direct recently announced revenue growth in Q1 2006 of 2100 percent
versus the corresponding quarter of 2005 that was primarily driven by CPS
sales of power generators. China Direct will be reporting final results for
the first quarter on or before May 15, 2006 and will also conduct an
investor conference call on May 15, 2006 to discuss overall corporate
performance and developments with respect to each of its subsidiaries.
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