Wednesday, August 22, 2007 9:25:57 AM
CHDT Corp. (OTCBB: CHDO), a Florida corporation, announced today that its wholly owned subsidiary, Capstone Industries, has received orders from two major U.S. mass retailers for 19 Capstone consumer products. The orders are scheduled to be delivered in the third and fourth calendar quarters of 2007. Capstone Industries believes that these new orders validates Capstone Industries' expanded booklight marketing campaign in 2006, including the offering of private label branding along with Capstone branded consumer products. One of the mass retailers is opting for private labeling while the other is opting for Capstone branding for the products.
"The introduction of 11 new product designs, the offering of private label capability for our products and our efforts to grow the book light products were key, in our opinion, to this order from the two major U.S. mass retailers," said Oscar Martinez, VP Sales of Capstone Industries. "The implementation of year-round product placement, instead of marketing for seasonal orders, is the company's goal for all of its products and is key to our revenue growth strategy," added Mr. Martinez.
"These two U.S. mass retailers were the first to be presented with our new and expanded 2007/2008 line of book lights, task lights, and novelty lights. We are pleased that our on-going sales efforts scored this early sales success," said Reid Goldstein, President of Capstone Industries.
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