DEERFIELD BEACH, Fla., Nov. 6 /PRNewswire-FirstCall/ -- China Direct, Inc. (Nasdaq: CDS), a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, announced today that Marc Siegel, President and David Stein, Chief Operating Officer of China Direct, will host a conference call to discuss the Company's financial results for the third quarter ended September 30, 2008.

    The call information follows:
    -- Date: November 13, 2008
    -- Time: 4:30 p.m. Eastern Standard Time
    -- Dial-in number for US/Canada:  (866) 394-7735
    -- Dial-In number for international callers: (706) 758-1915
    -- Conference ID:  72664979

Individuals unable to participate in the conference call may hear an audio webcast replay. The audio webcast service is being provided by ViaVid Broadcasting and can be accessed at China Direct's website at http://www.chinadirectinc.com . The webcast may also be accessed at ViaVid's website at http://viavid.net/dce.aspx?sid=00005919 . The playback of the webcast can be accessed through November 13, 2009 on either site. To access the webcast, you will need to have the Windows Media Player on your desktop. For the free download of the Media Player, please visit: http://www.microsoft.com/windows/windowsmedia/en/download/default.asp .

About China Direct, Inc.

China Direct, Inc. (Nasdaq: CDS) is a diversified management and advisory services organization headquartered in the U.S. Our management services division acquires a controlling interest in entities operating in China. Our ownership control enables China Direct to provide management advice, as well as financing to Chinese entities. This infrastructure creates a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets. Our advisory services division provides comprehensive advisory and consulting services to Chinese entities seeking to access the U.S. capital markets. As a direct link to China, China Direct serves as a vehicle allowing investors to directly participate in the rapid growth of the Chinese economy in a diversified and balanced manner.