China Crescent Enterprises, Inc. Releases Webcast on Outsourcing Services Strategy and Plan to Double Current $40 Million Annual
02 Giugno 2009 - 3:00PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today released an
on-demand Webcast to present the Company's new outsourcing services
strategy and the new services' benefits to customers, the Company
and shareholders. The new offering is part of the Company's overall
strategy to accelerate sales growth, increase margins and increase
the percentage of its overall revenue generated from recurring
contracts.
The Company recently announced its first outsourcing services
client with an anticipated $30 million in contract revenue expected
to be earned over the three year contract period. Management
expects to double the Company's current $40 million in profitable
annual revenue in 2010.
A link to the Webcast titled 'China Crescent Outsourcing
Services Strategy Webcast (June 2, 2009)' is available on the
Company's website under Webcasts at:
http://www.newmarkettechnology.com/about-newmarket-china.htm.
In addition, a recent Webcast featuring China Crescent's first
outsourcing client and the Company's suggested fair value target
pps of $0.30 titled 'China Crescent Investor Overview: Outsourcing,
Recent Financials and PPS Growth (May 27, 2009)' is also available
on the Company's website
For assistance accessing or listening to the Webcasts, please
email ir@chinacrescent.com or call 214-722-3065.
Corporate E-mail Updates
To be added to China Crescent's e-mail database to receive
company updates or to obtain more information on the Company,
please send an e-mail to ir@chinacrescent.com or call
214-722-3065.
About China Crescent Enterprises, Inc.
(http://www.chinacrescent.com/)
China Crescent Enterprises, Inc. 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.
Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3065
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