China Crescent Enterprises, Inc. Presents East Africa Expansion Plan in On-Demand Webcast and Extends Invitation for Upcoming Tr
01 Settembre 2009 - 3:31PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) has released an
exclusive Webcast discussing the Company's planned expansion into
Africa and upcoming trade mission to Kenya. China Crescent recently
reported record profits of $1.1 million in net income and $17
million in revenue for the first six months of 2009. The Company
has forecasted profitable revenue growth in 2009 compared to 2008
in which the Company reported over $40 million in profitable
revenue.
China Crescent Expansion into Africa
China Crescent has targeted Kenya as its next foreign market
expansion opportunity. China Crescent recently participated at the
African Advanced Level Telecommunications Institute (AFRALTI) WiMax
Conference in Nairobi in preparation to begin operations in Kenya.
Kenya already has a fiber-optic cable infrastructure in place
throughout the country, and three submarine cables under
construction or currently coming on line.
Corporate Webcast Scheduled for Tomorrow, September 2nd
China Crescent is also scheduled to release a corporate update
Webcast tomorrow, September 2nd. The Webcast is scheduled to review
the Company's $50 million profitable revenue forecast, recent Hong
Kong contract and $30 million in new business. A link to the
Webcast will be available on the Company's website
www.chinacrescent.com.
Africa Webcast Released Today
A link to today's Webcast titled 'China Crescent Africa Webcast'
is now available on the Company's corporate website under Recent
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.
(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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