Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3060
China Crescent Enterprises, Inc. to Review 2010 Strategic Kickoff in China and Singapore in Webcast Thursday, February 4th
| Source: China Crescent Enterprises, Inc.
DALLAS, TX--(Marketwire - January 27, 2010) - China Crescent Enterprises, Inc. (OTCBB : CCTR )
today announced an on-demand Webcast scheduled for Thursday, February 4,
2010. The Webcast is expected to provide a review of the Company's recent
2010 strategic kickoff in China and Singapore. Earlier this week, the
Company announced that over $100 million in potential contracts had been
reviewed during the meetings. China Crescent is a systems integration
service provider in China that markets technology outsourcing services that
include the sale and service of brand name technologies such as Microsoft,
Oracle, Cisco, IBM, HP and Dell. China Crescent reported over $40 million
in profitable revenue in 2008. The Company has reported record profits
through the first 9 months of 2009 and anticipates reporting record profit
in the 2009 annual report. Management has set a goal of reaching $100
million in revenue in 2010.
2010 Virtual Town Hall Available Online
China Crescent released the Company's 2010 Virtual Town Hall last Friday,
January 22, 2010. In the Town Hall videocast presentation, China Crescent
CEO Paul K. Danner provides a review of the Company's 2009 performance and
successful launch of its Outsourcing Services including two substantial,
long-term contracts. Additionally, the presentation provides an overview of
recently announced plans to expand into new business lines, the acquisition
of a China Radio Technology Ltd subsidiary and the strategy to reach $100
million in 2010 revenue. A link to China Crescent's Virtual Town Hall is
available on the Company's corporate website, www.chinacrescent.com.
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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.