Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3060
China Crescent Enterprises, Inc. Anticipates Record Growth in 2010 with Plans to Expand into New Business Lines
| Source: China Crescent Enterprises, Inc.
DALLAS, TX--(Marketwire - January 19, 2010) - China Crescent Enterprises, Inc. (OTCBB : CCTR )
today announced anticipated record growth in 2010. On January 22nd, the
Company will review plans to achieve record growth in its previously
scheduled virtual Town Hall. China Crescent has recently announced two
large, long-term contracts and an acquisition that are anticipated to
increase revenue in 2010 and beyond. In the upcoming virtual Town Hall,
CEO Paul Danner is expected to discuss further the Company's plans to
expand into new business lines to support the Company's anticipated growth
in 2010.
The Virtual Town Hall is scheduled to be made available online and
on-demand on January 22, 2010 to interested viewers on their own schedule
and from their own location.
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About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent Enterprises, Inc. reported over $40 million in profitable
revenue in 2008. The Company is a technology leader in the rapidly
developing Chinese market specializing today in software engineering, high
quality software development and digital multimedia outsourcing services
delivered to customers globally. At the same time, the firm is a systems
integrator and value added reseller of major global hardware brands in the
Chinese domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, China
Crescent bridges the gap between Western and Eastern business cultures to
assist Western clients in realizing the advantages of the high quality, low
cost technology products and services available from China. China Crescent
also assists Western clients in localizing products and services to realize
the tremendous growth potential available by expanding into the Chinese
Market.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This press release contains forward-looking statements that involve risks
and uncertainties. The statements in this release are forward-looking
statements that are made pursuant to safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performance could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown
risks and uncertainties, which may cause China Crescent's actual results in
future periods to differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include, among
other things, product demand and market competition. You should
independently investigate and fully understand all risks before making
investment decisions.