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CHDT Corporation Announces Orders of $3.6 Million Received in the First Quarter of 2012

2012-04-03 11:00 ET - News Release

Orders from national retailers and mass merchandisers increased $2.45 million, or 313%, in quarter


DEERFIELD BEACH, Fla. -- (Business Wire)

CHDT Corporation (OTCQB: CHDO) (“Company”), a leader in the design and manufacture of specialty power failure lighting solutions and innovator of consumer safety and security products for the North American retail markets, announced today it received in the first quarter of 2012, $3.6 million in orders that are expected to ship in the second through fourth quarters of 2012. The orders are a result of both an increase in end-user acceptance of the Company's power failure lighting solutions and security and safety products and the Company’s recently launched domestic distribution program. Orders for the first quarter of 2011 were $1.15 million.

Stewart Wallach, President and CEO, commented, “The significant growth in orders in our first quarter marks a very solid start to 2012. Our power failure lighting solutions, such as the Eco-i-Lite power failure product line, are driving our growth in the consumer products arena. We are continuing to develop new products that address safety and security while integrating our lighting technology know-how and manufacturing expertise.”

Mr. Wallach added, “We believe our new domestic distribution strategy and the increase of independent sales agency representation will support our growth initiatives, and, ultimately, be the catalyst that allows us to expand the availability of our products throughout the U.S.”

More information on the Company and its products can be found on the Company website at: www.capstoneindustries.com.

About CHDT Corporation

CHDT Corporation is a public holding Company that engages, through its wholly owned subsidiary, Capstone Industries, Inc., in the development, manufacturing, logistics, and distribution of consumer products to retailers and wholesalers throughout North America. See http://www.chdtcorp.com for more information about the Company and www.capstoneindustries.com for information on our current product offerings.

SAFE HARBOR STATEMENT:

This news release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended. Such statements consist of words like “anticipate,” “expect,” “project,” “continue” and similar words. These statements are based on the Company’s and its subsidiaries’ current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements, include consumer acceptance of the Company’s products, its ability to deliver new products, the success of its strategy to broaden market channels and the relationships it has with retailers and distributors. The risks associated with any investment in CHDT, which is a small business concern and a "penny-stock Company” and, as such, a highly risky investment suitable for only those who can afford to lose such investment, should be evaluated together with the risks and uncertainties more fully described in the Company’s Annual and Quarterly Reports filed with the Securities and Exchange Commission. Information contained at the websites referenced above is not included in this news release. CHDT undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise

Contacts:

CHDT Corporation
Jill Mohler
Corporate Secretary
Phone: (954) 252-3440, ext 313
or
Investor Relations:
Deborah K. Pawlowski, Kei Advisors LLC
Phone: (716) 843-3908
Email: dpawlowski@keiadvisors.com

Source: CHDT Corporation

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