China Crescent Enterprises, Inc. Announces $85 Million Profitable Revenue Forecast Expecting Approximate 100% Increase Over 2009
04 Febbraio 2010 - 5:01PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced a
2010 $85 million profitable revenue forecast. This morning, the
Company released an on-demand strategic update Webcast, with an
introduction by Ret. Major General Hugh Robinson, the Company's
newest board member, that further discusses the 2010 forecast and
the potential for the Company to possibly exceed the forecast to
reach a $100 million revenue objective. As discussed in the
Webcast, the forecast announced today is based on the Company's
historical performance, current sales pipeline, outsourcing
services success and the recent acquisition.
A link to the Webcast titled 'China Crescent 2010 Strategic
Update Webcast' is now available under Recent Webcasts on the
corporate website at www.chinacrescent.com, and a direct link is
available here: http://www.chinacrescent.com/wcdh_20100204.htm.
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About China Crescent Enterprises, Inc.
(www.chinacrescent.com)
China Crescent is a systems integration service provider that
markets technology outsourcing services in China including the sale
and service of brand name technologies such as Microsoft, Oracle,
Cisco, IBM, HP and Dell. Following a recent strategic acquisition,
the Company has expanded its business line to include original
design manufacturing (ODM). China Crescent reported over $40
million in profitable revenue in 2008. The Company has reported
record profits through the first 9 months of 2009 and anticipates
reporting record profit in the 2009 annual report. Management has
set a goal of reaching $100 million in revenue in 2010.
Headquartered in Dallas with operations in Shanghai, Shenzhen,
Dalian and Beijing, China Crescent bridges the gap between global
business cultures to assist clients worldwide realize the
advantages of the high quality, low cost technology products and
services available from China. China Crescent also assists 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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