China Crescent Enterprises, Inc. Launches $30 Million Service Contract
07 Agosto 2009 - 3:00PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced the
launch of a $30 million service contract in China and expected
revenue growth in the second half of 2009. In 2008, the Company
reported over $40 million in profitable revenue from its operations
in China. Senior Management was in Shanghai this week for the
launch of the $30 million contract signed with Beijing
Chuangzhitongda Technology Development earlier this year.
Shanghai Summit Webcast
In conjunction with management's Shanghai Summit meetings, the
Company released an on-demand Webcast with a review of Company
progress year-to-date and the outlook for the remainder of 2009.
The Webcast includes a discussion on the anticipated increase in
both revenue and net income and the expected increase in earnings
per share in 2009. In 2008, the Company reported over $40 million
in profitable revenue. Additionally, the Webcast includes a review
of the benefits of recently announced contracts.
A link to the Webcast titled 'China Crescent Shanghai Summit
Webcast (August 6, 2009)' is available on the Company's website
under Webcasts at www.chinacrescent.com.
Corporate E-mail Updates
To sign up to receive company updates or to obtain more
information on the Company, please visit www.chinacrescent.com.
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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