China Crescent Enterprises, Inc. Expects Smartphone and Mobile Computing Strategy to Enhance $0.30 Fair Value Target Price per S
16 Luglio 2009 - 3:30PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced an
on-demand Webcast scheduled for Tuesday, July 21, 2009 to review
the Company's recently announced strategy to deliver software
solutions to the smartphone and mobile computing market in China.
The presentation will include an overview of the product offering
and the market opportunity. According to IDC, the worldwide mobile
phone market reached a new milestone at the close of 2006 with more
than one billion units shipped worldwide over the year. The demand
for mobile software applications is being driven in large part by
the growing penetration of mobile phone sales into emerging
economies that currently do not have substantial access to the
Internet via desktop computing. With smartphone manufacturers such
as Research In Motion, the maker of the Blackberry and Apple, maker
of the iPhone, realizing year-to-date share price increase of over
60%, the Tuesday presentation will also include a review of China
Crescent's suggested fair value target price of $0.30 per share.
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.
Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3065
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