Former Dallas Federal Reserve Chairman Hugh G. Robinson to Host China Crescent Enterprises, Inc. Presentation Thursday, Septembe
09 Settembre 2009 - 4:12PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to
present on its business, corporate growth strategies and
opportunities in China, Thursday, September 24th in Dallas, Texas.
Major General Hugh G. Robinson is scheduled to host the
presentation. Mr. Robinson is a former Chairman of the Dallas
Federal Reserve and a retired Major General with a distinguished
career serving in the United States Army. Among other prestigious
posts, Mr. Robinson served as President Lyndon Johnson's military
aide de camp. In addition to his public service experience, Mr.
Robinson's career has included extensive executive management
experience with senior positions at Southland Corporation and City
Place Development Corporation. He is a graduate of the United
States Military Academy at West Point and earned a Masters Degree
in Civil Engineering from the Massachusetts Institute of Technology
(MIT). Mr. Robinson currently serves on the board of Carmax, Inc.,
the LBJ Foundation and the Better Business Bureau.
China Crescent is a technology systems integrator and value
added reseller (VAR) of major global technology brands in the
rapidly developing Chinese domestic market. The Company has grown
to over $40 million in annual revenue within the Chinese market and
has expansion plans for Southeast Asia and East Africa where
technology demands are on the rise. China Crescent reported $17
million in revenue and an over 200% net income increase to $1.1
million through the first six months of 2009. The Company has
forecasted profitable revenue growth to $50 million in 2009. The
Company's sales are historically seasonal, increasing throughout
the year and usually reporting the largest sales and profits in the
4th quarter.
A reservation is required to attend the presentation. Those
interested in attending the presentation should email
info@chinacrescent.com with name and contact information to reserve
a space.
Strategic Corporate Update Webcast
Yesterday, China Crescent released a strategic corporate Webcast
on the Company's website www.chinacrescent.com titled 'China
Crescent Post Labor Day Update Webcast.'
The Webcast provides an update of the Company's $0.30 suggested
fair value target price per share and includes a review of the $50
million revenue goal based on a sales driven revenue and profit
growth strategy that has resulted in a record profit year-to-date.
The Webcast also features the Company's recently introduced
communication technology offerings to include the Satellite News
Gathering Vehicle (SNG Vehicle) and software solutions for
smartphones and mobile computing.
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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