John Tate Named President of Black Box Innovations, LLC
2008-04-07 07:34:00
John Tate Named President of Black Box Innovations, LLC
DEERFIELD BEACH, FL–( EMWNews – April 7, 2008) – CHDT Corporation (
Florida based management company operating subsidiaries focused on
designing and manufacturing consumer products for the North American retail
market, announced today that the company has promoted John Tate from
Director of Corporate Development at CHDT to President of its wholly owned
subsidiary, Black Box, Innovations LLC (BBI). At parent CHDT, John
provided management and oversight in a variety of areas, including new
product development, domestic licensing, and corporate systems
architecture. John’s early business experience includes IT management
consulting with Ernst & Young LLP and PricewaterhouseCoopers. John
continued to utilize his project management skills while implementing CRM
systems for several Fortune 500 consumer packaged goods companies. John
later founded Diomo Solutions, designing and launching a web-based
application for small business acquisitions.
“John has been a valuable asset in the recent launching of our STP®
product line and we look forward to moving him into a leadership position
in our company. He is a highly motivated individual with strong business
experience and we are pleased to see him grow within our group of
businesses,” said Stewart Wallach, CEO, CHDT Corporation
BBI has recently developed and will soon launch the Personal Pocket Safe, a
USB personal data appliance that provides a smart approach to organizing
and protecting vital personal records. Embedded software provides
pre-formatted fields for easy entry of all records or attachments, housed
within a device that provides world-class security. Security features
include a pin-pad on the device itself, 256-bit AES encryption, an epoxy
protective coating, and several other hack-resistant measures.
CHDT Corporation is a management company, providing services and taking an
active role in the management and direction of all business units that
could benefit from cumulative business experience in a variety of
industries. Common components operated at the corporate level are human
resources, financial services, accounting services, legal services,
budgetary control, marketing support, information technology, and systems
support. By providing these corporate services for the business units,
each unit is charged with focusing on planned revenue growth. See
http://www.chdtcorp.com for more information about the company and
www.capstoneindustries.com and www.stptools.com for information on our
current product offerings.
FORWARD-LOOKING STATEMENTS: This press release 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. The forward-looking statements may include
statements regarding product development, new product distribution efforts,
anticipated success or basis for optimism about the potential of new
business expansion efforts, product potential or financial performance. The
fact that CHDT seeks or consummates investments in or acquisitions of other
companies or undertakes new business development efforts does not mean that
such transactions or efforts will favorably affect CHDT’s business or
financial conditions — in general or as forecasted. New orders for
products do not necessarily mean that additional orders will follow or that
such orders will significantly or favorably affect CHDT financial results.
No forward-looking statement can be guaranteed, and actual results may
differ materially from those projected. 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.
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