FT. LAUDERDALE, Fla., Nov. 11, 2004 (PRIMEZONE) -- China Direct Trading Corporation's (OTCBB:CHDT) wholly-owned subsidiary Souvenir Direct Inc. (SDI) announced today that it has received an order from the Give Life Foundation to provide wristbands for its promotional efforts. The Give Life Foundation (www.give-life.org) is a Section 501 (c)(3) non-profit organization based in Washington, D.C. and is dedicated to increasing the donations in the United States of blood, organs and tissue donor organizations.
"We are pleased to be working with China Direct Trading Corporation. We are most impressed with the imagination and professionalism at China Direct and we look forward to a long and productive working relationship," said Patrick Hughes, President and CEO of the Give Life Foundation.
The wristbands will be red silicone bands with the words "Give Life" engraved in the band. Bands can be purchased on 11/15/04 online at www.givelifewristbands.com. SDI has been contracted to manufacture, ship, warehouse and drop ship to customers the Give Life bands.
BUSINESS: CHDT is a holding company which, through its subsidiaries, is engaged in trading Chinese manufactured goods in North America and vice versa and in business development in China and in North America for foreign companies. CHDT's global trading partners include the largest retailer in the world and the two major resort-theme park companies in the world.
FORWARD-LOOKING STATEMENTS: This press release includes "forward-looking statements" within the meaning of the federal securities laws. Although CHDT (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 as set forth in the Company's current and future public filings with the Securities and Exchange Commission and herein.