China Crescent Enterprises, Inc. Announces First $1.6 Million Purchase Order of Anticipated $160 Million Three-Year Wi-Fi Contra
10 Febbraio 2010 - 3:15PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced a
$1.6 million original design manufacturing (ODM) purchase order for
100 sets of a custom Wi-Fi communication device. Based on a formal
letter of intent signed by all parties, the Japanese customer has
committed to purchase 10,000 of the custom Wi-Fi devices for a
total of $160 million dollars over the next three years, subject to
the performance of the first 100 sets.
More details on China Crescent's ODM business line can be found
in a recently released on-demand Webcast titled 'Greenfield $100M
ODM Contract Pipeline Webcast' by going to Recent Webcasts on China
Crescent's corporate website, www.chinacrescent.com.
2010 $100 Million Revenue Goal
China Crescent has announced a 2010 $85 million profitable
revenue forecast. Management has also announced reaching beyond the
2010 forecast in an effort to achieve an even higher profitable
revenue goal of $100 Million. In conjunction with the announcement
today management indicates the $100 million profitable revenue goal
is well within reach.
NuMobile, Inc.
NuMobile, Inc. (OTCBB: NUBL) will be engaged by China Crescent
to provide a key proprietary software component in the overall
Wi-Fi solution. China Crescent is NuMobile's strategic partner in
China and the two companies have formed a partnership to sell,
service and market NuMobile's products in China, including its
smartphone and mobile computing solutions.
Sign Up to Receive Regular China Crescent Investor Updates
China Crescent sends regular email updates to its opt-in,
permission-based email database. Interested investors can easily,
safely and quickly register to receive these communications
directly on the corporate website homepage (www.chinacrescent.com).
Recipients can manage their own email contact profile and safely
unsubscribe at any time.
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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3060
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Lug 2023 a Lug 2024