China Crescent Enterprises, Inc. to Be Featured in Presentation Focused on Emerging Market Growth With Emerging Market Index up
30 Settembre 2009 - 7:48PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to be
featured in a Greenfield program presentation tomorrow, October 1.
The Greenfield program has been developed to accelerate the
introduction of new technologies into emerging markets around the
world where technology buying is on the rise, while improving
return on investment (ROI) potential. China Crescent has been
participating in the Greenfield program this year with operations
in mainland China and plans for expansion into the emerging markets
of Southeast Asia and East Africa.
Earlier this week, the Wall Street Journal published an article
titled, "'Emerging' Stock Markets Are Looking Better." According to
the article, nations outside of the U.S. and developed Europe,
which now comprise nearly half of the global gross domestic
product, are being viewed in a different light since the financial
crisis. The recent financial crisis, coupled with the low
predictions of growth in developed nations, has given new
appreciation to the potential growth in emerging economies. The
article also notes the strong performance of emerging market stocks
this year, stating, "The widely followed MSCI Emerging Market
index, which tracks emerging-markets shares, is up 60% this year,
compared with a gain of 10% for the Dow Jones Industrial Average.
(The Dow fell 1.6% last week.)."
The article can be found in its entirety at:
http://online.wsj.com/article/SB125399713181243611.html?mod=WSJ_hpp_sections_personalfinance.
China Crescent is a technology systems integrator and value
added reseller of major global hardware brands, such as Dell and
HP, in the Chinese domestic market and has a focus on second-tier
cities, small-to-medium enterprises (SMEs), and rural markets for
expanding the Company's presence in China. China Crescent, a fully
reporting company, has grown rapidly to over $40 million in annual
revenue. The Company has reported record profits through the first
six months of 2009 and has announced plans to reach $50 million in
annual revenue for 2009.
A link to the presentation is scheduled to be available on the
Company's website www.chinacrescent.com tomorrow.
Corporate E-mail Updates
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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.
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Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3060
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