Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3060
China Crescent Enterprises, Inc. Reviews Successful Shanghai Outsourcing Summit in On-Demand Webcast Available Now
| Source: China Crescent Enterprises, Inc.
DALLAS, TEXAS--(Marketwire - October 16, 2009) - China Crescent Enterprises, Inc. (OTCBB : CCTR ) has posted an on-demand Webcast on its corporate website that reviews
this week's outsourcing summit. The summit kicked-off on Monday in
Shanghai with meetings in four cities in China throughout the week,
primarily aimed at reviewing and developing the Company's growing
technology outsourcing business. The Company has been marketing a new
outsourcing service since the beginning of this year and has already signed
$30 million in total revenue value through the outsourcing services
offering. China Crescent ended the successful summit with an announcement
yesterday that the Company has signed a letter of intent to provide
outsourcing services to Aoyuan Electronic Co. ltd in Dalian, China, for $36
million over three years.
In addition to conducting meetings surrounding the ongoing development of
the growing outsourcing service offering in China, the summit also reviewed
and advanced its mobile software strategy in China. In its mobile software
strategy, China Crescent is working with NuMobile, Inc. (OTCBB : NUBL ), a
smartphone and mobile computing software company growing through a roll-up
strategy to build a portfolio of mobile software solutions, and Alternet
Systems, Inc. (OTCBB : ALYI ), a company offering a wide range of mobile
commerce and electronic ticketing payment services and solutions.
China Crescent is a systems integration service provider in China that
provides technology outsourcing services and sells and services brand name
technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell in addition
to selling and servicing innovative new technologies.
A link to the Webcast titled 'China Crescent Outsourcing Summit Review
Webcast' is available at www.chinacrescent.com under Recent Webcasts.
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Company, please visit www.chinacrescent.com.
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.