DAVIE, Fla., Dec. 7, 2004 (PRIMEZONE) -- China Direct Trading Corp. (OTCBB:CHDT) a global trader of products to, from and within Asia, has hired Mr. Bernie Seidel as the head of the companies Furniture Division. CHDT has quickly become an active participant in the furniture trade since it was named exclusive distributor for North America by Beijing Hua Wei Furniture Company in China. Mr. Seidel has 30 years experience in the furniture business and was one of the pioneers of importing Chinese-made furniture many years ago. Currently Mr. Seidel sources and designs furniture for furniture manufacturers and retailers nationwide.
"Bernie's experience in selling, designing and sourcing furniture factories in China is second to none, we are just happy he thought he was retiring here in South Florida. He will run the entire front end of our furniture division including sales and marketing, and the logistics will be handled by our existing trading infrastructure," said Howard Ullman, Chairman and CEO of CHDT.
China Direct continues to mold its company into a general trading powerhouse by hiring highly qualified veterans of their particular industries who can quickly generate immediate revenues through their long time contacts and relationships.
CHDT is a global trading company engaged in product development, manufacturing, distribution, logistics, and product placement into mass consumer and retail markets. The company holds patents and sells products to importers, theme parks and directly to retail outlets worldwide. Through the establishment of relationships with various governmental agencies, public and private institutions, as well as with private industries in China, the Company intends to play a key role in assisting US companies that desire to move production or investments into China as well as helping Chinese firms grow through U.S. distribution and financial support. In addition, the Company acquires and invests in innovative products, services, and technology companies.
For more information on the companies products go to www.chinadirecttradingco.com
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.