China Crescent Enterprises, Inc.'s $40 Million Business With Sights on $500 Million Endorsed by Former Dallas Federal Reserve Ch
08 Ottobre 2009 - 3:00PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today released a
statement from Hugh G. Robinson. Mr. Robinson is the former
Chairman of the Dallas Federal Reserve, a Retired Major General of
the United States Army, a past White House Staff member under
President Lyndon Johnson and a more recent adviser to current
political figures. Mr. Robinson is a member of the board of
directors of China Crescent's majority shareholder and a regular
spokesman and advocate for China Crescent. He has played a key role
in China Crescent's growth and the Company's expansion into
emerging markets around the world. Mr. Robinson's comments are made
in conjunction with China Crescent's upcoming trade mission to
Kenya and plans to open operations in East Africa.
"I applaud China Crescent's business development in Africa,"
said Mr. Robinson. "In today's world, it is economic suppression,
not political suppression, that imposes the greatest limitation on
personal liberty. I believe the recognition and corresponding
growth of a global small business economy will be the root of the
next great social evolution and advance. The best high growth
investments today are often outside of the United States in the
world's emerging markets. Investments in emerging markets not only
stand to deliver some of the best high growth returns, but at the
same time, emerging market investments also marry capitalism and
social responsibility by bringing much needed investment dollars to
regions where such investments can meaningfully reduce
poverty."
Mr. Robinson is joining China Crescent's trade mission to Kenya
later this month.
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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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