DAVIE, Fla., June 14, 2004 (PRIMEZONE) -- China Direct Trading Corporation's (OTCBB:CHDT) wholly-owned subsidiary Souvenir Direct Inc. (Company) was notified by the United States Patent Office that its Patent for spinner keyrings(tm) has been published. Under patent number 10/719,870 and pursuant to article 37 CFR 1.211, et seq. The Company's Spinner Keyrings(tm) has been published under publication #US2004-0103704-A1 dated 6/03/2004. The publication can be viewed online at www.uspto.gov/PATFT/
The company sells spinner keyrings to major theme parks, mass retailers, and importers in 24 countries. The item is one of the most popular selling keyrings on the market and Souvenir Direct has patented an assembly system that makes the item extremely durable. With this system, the Company is able to create heavier designs than competitors an, consequently, a niche in the key ring market. Spinner keyrings(tm) represent almost 50% of the Company's sales and with this publication the Company can enforce it's rights against any infringers.
"We are excited to hear about our patent publication. With our assembly system we are able to create spinning keyrings in any shape or size without the keyrings breaking. We believe the quality of the product is reflected in sales results. Our customers prefer our system which enables us to create superior looking designs and at the same time reducing breakage and vendor charge backs," said Howard Ullman, CEO of Souvenir Direct Inc. and China Direct Trading Company.
For more information about our products visit our Web Site at www.chinadirecttradingco.com
China Direct Trading Corp. is a global trading company engaged in product development, manufacturing, distribution, logistics and product placement into mass retail. The company holds patents and sells products to importers, theme parks and direct to retail worldwide.
FORWARD-LOOKING STATEMENTS
This press release includes "forward-looking statements" within the meaning of the federal securities laws. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Many factors are beyond the Company's and its subsidiaries' control. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's existing and future filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions and by risk factors set forth in the Company's SEC filings, current and future.