CHDT Corp. reports record 197% increase in First Q revenues of $1,697,927

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Deerfield Beach, FL --(www.USEquityNews.com)-- 05/14/2009 - CHDT Corp. (OTCBB: CHDO), a Florida-based management company with operating subsidiaries focused on designing and manufacturing consumer products for the North American retail market, reported 1st Quarter revenue of $1,697,927 an increase of 197% over the $574,180 reported for the prior year's first quarter 2008. CHDT finished the quarter with a $3,673,000 order backlog to be shipped in the second and third quarters.


"We are pleased with our accelerating revenue growth rate in the past quarter and look forward to continuing this pace throughout 2009. Our management team remains focused on product development and product placement in an effort to reach profitability in 2009," said Howard Ullman, Chairman of CHDT. Our lighting products lead the way the past quarter with the Eco-i-Lite standing out as a major revenue contributor and we look forward to releasing new Energy Star approved products using green technologies such as lithium power, LED bulbs, 100% recyclable plastics and induction charging systems," he said.

CHDT Corp. reported a quarterly loss of $299,490 versus a loss in 2007 of $587,988 representing a narrowing by 49%. Management expects losses to continue to narrow in the second and third quarters reaching profitability by year end.

The company invites all shareholders, analysts, media, and potential investors to a webcast to discuss the year end results as well as guidance for 2009.

CHDT Corp Conference webcast:

2:00 p.m. Eastern Time today, Thursday March 14th 2009. To access a live webcast of the conference call via "CHDT Corps" website at www.chdtcorp.com or through www.InvestorCalendar.com. The event will be archived and available for replay through 5/21/2010.

Replay Number (Toll Free): 1-877-660-6853
Replay Number (International): 1-201-612-7415
Replay Passcodes (both required for playback):
Account #: 286
Conference ID #: 323428


The tables below reflect CHDT Corp's net sales and operating income on a
pro forma basis for the first quarter 2009.

CHDT CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)
For the Three Months Ended
March 31,
2009 2008
------------- -------------

Revenues $ 1,697,927 $ 574,180
Cost of Sales (1,195,754) (320,436)
------------- -------------
Gross Profit 502,173 253,744
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Operating Expenses:
Sales and marketing 60,230 34,430
Compensation 277,109 471,206
Professional fees 35,866 34,334
Consulting 56,927 28,130
Other General and administrative 294,877 249,866
------------- -------------
Total Operating Expenses 725,009 817,966
------------- -------------

Net Operating Income (Loss) (222,836) (564,222)
------------- -------------

Other Income (Expense):
Debt forgiveness - -
Miscellaneous income 57 -
Interest expense (76,711) (24,375)
Interest income - 609
------------- -------------
Total Other Income (Expense) (76,654) (23,766)
------------- -------------

Net Income (Loss) $ (299,490) $ (587,988)
------------- -------------
------------- -------------

Income (Loss) per Common Share $ - $ -
------------- -------------
------------- -------------

Weighted average shares outstanding 558,980,535 565,574,034
------------- -------------
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CHDT CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
March 31, December 31,
2009 2008
------------- -------------
Assets:

Current assets:

Cash $ 140,910 $ 156,371
Accounts receivable - net 267,936 2,399,859
Inventory 377,583 387,749
Prepaid expense 234,092 83,846
------------- -------------

Total Current Assets 1,020,521 3,027,825
------------- -------------

Fixed assets:
Computer equipment & software 60,648 60,648
Machinery and equipment 408,868 408,429
Furniture and fixtures 5,665 5,665
Less: Accumulated Depreciation (251,697) (219,894)
------------- -------------

Total Fixed Assets 223,484 254,848
------------- -------------

Other non-current assets:
Product development costs - net 89,516 103,700
Goodwill 1,936,020 1,936,020
Deposits 15,000 15,000
------------- -------------

Total other non-current assets 2,040,536 2,054,720
------------- -------------

Total assets $ 3,284,541 $ 5,337,393
------------- -------------
------------- -------------




CHDT CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Continued)
(Unaudited)
March 31, December 31,
2009 2008
------------- -------------
Liabilities and Stockholders' Equity:
Current liabilities:

Accounts payable and accrued expenses $ 324,133 $ 1,824,295

Note payable - Sterling Bank 239,159 $ 722,547
Note payable - Examsoft 152,145 -
Notes and loans payable to
related parties - current maturities 1,196,316 1,185,407
------------- -------------

Total current liabilities 1,911,753 3,732,249
------------- -------------

Total Liabilities 1,911,753 3,732,249
------------- -------------

Stockholders' Equity:
Preferred Stock, Series A,
par value $.001 per share
Authorized 100,000,000 shares,
Issued -0- at March 31, 2009
and 60 shares at December 31, 2008 - 1
Preferred Stock, Series B,
par value $.10 per share
Authorized 100,000,000 shares,
Issued 2,108,813 at March 31, 2009
and December 31, 2008 210,882 210,882
Common Stock, par value $.0001 per share
Authorized 600,000,000 shares, Issued
560,041,646 shares at March 31, 2009
and 557,941,646 shares
at December 31, 2008 56,004 55,794
Related party receivable (40,441) (40,441)
Additional paid-in capital 5,652,626 5,585,702
Accumulated deficit (4,506,283) (4,206,794)
------------- -------------

Total Stockholders' Equity 1,372,788 1,605,144
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Total Liabilities and
Stockholders' Equity $ 3,284,541 $ 5,337,393
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About CHDT Corp.: CHDT Corp. (http://www.chdtcorp.com) is a public holding company that engages, through its wholly owned subsidiaries, 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 ,www.takeanyware.com , www.stptools.com for information on our current product offerings. Reference of URL's in this press release does not incorporate said URL's or any of their contents in this press release.

FORWARD-LOOKING STATEMENTS: This press release, including the financial information that follows, contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended. 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 statements. CHDT undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release and 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 many uncertainties that affect CHDT's business, particularly those mentioned in the cautionary statements in current and future CHDT's SEC Filings.

Contact Information:
Jill Mohler
Jmohler@chdtcorp.com
954-252-3440

U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com

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