China Crescent Enterprises, Inc. 2010 Strategy Kickoff Continues This Week in Singapore With Over $100 Million in Potential Cont
25 Gennaio 2010 - 3:07PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced the
senior management 2010 strategy kickoff in Shanghai announced last
week continues this week in Singapore.
"The strategy kickoff started in Shanghai last week has yielded
better than expected results," said CEO Paul Danner. "Our theater
manager, Dr. James Jiang has done an excellent job in preparing
China Crescent for exceptional growth. We have reviewed over $100
million in potential contracts so far. I commend Dr. Jiang for his
exceptional efforts."
Management plans to conduct a review of the strategy kickoff in
a Webcast next week. Details regarding the Webcast will be released
later this week.
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.
2010 Virtual Town Hall Available Online
China Crescent released the Company's 2010 Virtual Town Hall
last Friday, January 22, 2010. In the Town Hall videocast
presentation, China Crescent CEO Paul K. Danner provides a review
of the Company's 2009 performance and successful launch of its
Outsourcing Services including two substantial, long-term
contracts. Additionally, the presentation provides an overview of
recently announced plans to expand into new business lines, the
acquisition of a China Radio Technology Ltd subsidiary and the
strategy to reach $100 million in 2010 revenue. A link to China
Crescent's Virtual Town Hall is available on the Company's
corporate website, www.chinacrescent.com.
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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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