China Crescent Enterprises, Inc. to Present Global Sales Plan to Build Upon Domestic and Near Shore Sales Program Success
25 Febbraio 2010 - 3:05PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to
conduct a Webcast this Friday, February 26th to review the
Company's updated strategy to increase revenue and profits,
featuring an expansion into India and an update on business
expansion under development in East Africa. The Company anticipates
reporting record net income on over $40 million in revenue in the
annual report for 2009. The Company has also announced a $100
million profitable revenue target for 2010 in addition to
announcing a number of large, long-term contracts. Domestic Chinese
outsourcing sales have contributed $66 million in new sales
contracts for three-year periods, and the recently launched
original design manufacturing (ODM) business line has already added
$160 million commitment, agreed to in a letter of intent, bolstered
by an initial $1.6 million purchase order for a near shore client.
A link to the Webcast will be made available on the Company's
website www.chinacrescent.com and emailed to the corporate email
database upon release Friday.
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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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