China Crescent Enterprises, Inc. to Present Plan to Reach $100 Million 2010 Revenue Goal at Virtual Town Hall Tomorrow
21 Gennaio 2010 - 3:10PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced the
Company is expected to review its strategy to reach its $100
million 2010 revenue goal in the Virtual Town Hall scheduled for
release tomorrow, January 22, 2010. China Crescent recently
announced two large, long-term contracts and an acquisition that
are anticipated to increase revenue in 2010 and beyond. In the
upcoming Virtual Town Hall, CEO Paul Danner is expected to discuss
these recent events and the Company's plans to expand into new
business lines to support the its anticipated growth in 2010. The
Virtual Town Hall is scheduled to be made available online and
on-demand tomorrow, January 22, 2010 to interested viewers to
review on their own schedule and from their own location. A link to
the Virtual Town Hall is slated to be published upon release.
China Crescent is a systems integration service provider in
China that markets technology outsourcing services that include the
sale and service of brand name technologies such as Microsoft,
Oracle, Cisco, IBM, HP and Dell. China Crescent reported over $40
million in annual revenue in both 2007 and 2008, and recently
reported $30 million in revenue through the first nine months of
the year ending September 30, 2009, with record net income of $1.8
million.
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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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