China Crescent Enterprises, Inc. Looks to Increase Percentage of $40 Million in Annual Revenue From Exports With Introduction of
18 Giugno 2009 - 3:42PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) continues to work
toward expanding the Company's $40 million in profitable revenue
through growing its percentage of revenue from sales outside of
China. The Company is concentrating on foreign sales as part of a
strategy to increase operating margins. Today, the majority of
China Crescent's sales are derived from the sale of products and
services within China. China Crescent's existing resources within
China can potentially support higher gross margin sales outside of
China.
The Satellite News Gathering Vehicle (SNG Vehicle) is
manufactured by Gaozhi, headquartered in Shanghai. The mobile
digital signal satellite solution is assembled in China. With the
lower labor rates and new tax laws, the mobile digital signal
solution is a cost effective solution.
Gaozhi and China Crescent have partnered on numerous past
projects and are collaborating again to expand the sale of Gaozhi's
mobile digital signal satellite solution worldwide. Gaozhi
currently has approximately $100 million in annual sales and
specializes in manufacturing innovative telecommunication products
and providing telecommunication services. Gaozhi's offerings
include IPTV set top boxes, customer specific satellite downlink
services, and customer specific private network management. Gaozhi
customers include Chinese police forces and the Shanghai Stock
Exchange.
The SNG Vehicle is a timely offering to support a growing
worldwide demand driven by the globally increasing number of TV
channels and the corresponding demand for late breaking onsite
news. The SNG Vehicle is also a key asset necessary for the growing
number of mobile network providers to provide routine and emergency
network maintenance. SNG Vehicles are being used more and more
frequently by police and defense forces in rapid response and
onetime event security scenarios.
China Crescent, through its family of sister operations, has
sales operations in North and South America as well as East Africa.
The Company is also prepared to deploy set up, training and
maintenance teams throughout the world.
For more information on the mobile digital signal satellite
solution, please contact China Crescent at sales@chinacrescent.com
or 214-722-3040.
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. 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.
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Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3065
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