--(www.USEquityNews.com)-- 10/08/2008 - Business Services industry alert provided by U.S. Equity News. CHDT Corp. (OTC BB:CHDO.OB), a management company engaged in designing and manufacturing consumer products for the North American retail markets, announced recently that the company is on target to reach its projected gross sales goals for Fiscal Year 2008 (FY2008). Final financial results for FY2008, including net income or net loss for FY2008, have not been projected or ascertained and are subject to a number of factors and adjustments. Stewart Wallach, CHDT CEO, declared, "CHDT is optimistic about meeting its 2008 annual gross sales revenue projections. The slowed consumer spending at the retail level from general economic conditions has impacted new CHDT program implementations on one hand, but has not dampened, in our opinion, opportunities for our company's long term product development plans. Based on feedback from retailers, we believe our program's STP(R) tools, Capstone Lighting -- now including the new Eco I Lite program, Black Box Innovations and its Personal Pocket Safe -- meet the increasingly important 'innovation factor' that retailers seek to generate incremental sales growth in these difficult times. Our new products represent 'new' business opportunities to retailers and we expect to demonstrate the strength of our brands at the retail level as product implementations unfold. We spent the past 14 months operating under a seasoned management team that has experienced slow retail trends in the past. We are not changing our course and, as retail buyers are free to roll out new product campaigns in the future, we are poised to deliver."
USA Technologies (NASDAQ:USAT), Inc and AIR-serv, the market leader in the coin-operated tire inflation and vacuuming services space, announced recently an agreement where Air-serv will enable their kiosks, over the next two years, to accept credit cards with USA Technologies' ePort and ePort Connect Service. Now motorists who pull into gas stations or convenience stores would soon be able to use their debit or credit card operate the kiosks that will to inflate their tires or vacuum the interior of their cars. Air-Serv is currently presenting the Companies' combined solution at the NACS Show in Chicago, October 4-7. The NACS Show is the most comprehensive annual gathering of retailers and suppliers in the global convenience and petroleum retailing industry. "Motorists will no longer need to carry coins, or go into the gas station or convenience store to convert bills into change to operate the air compressor or vacuum," said Tom Bauer, President, AIR-serv. "We are installing the USA Technologies e-Port cashless transaction solution on our tire inflation compressors and vacuum machines to give motorists the ease, convenience and speed of being able to use credit or debit cards.