China Crescent Enterprises to Kick-Off Pacific Rim Sales Conference Featuring Wi-Fi Deal Valued at $160 Million Monday, March 8t
05 Marzo 2010 - 4:14PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) will be kicking off
its Pacific Rim Sales Conference Monday, March 8th, in Shanghai.
The weeklong conference includes a keynote address from China
Crescent CEO Dr. James Jiang and will feature the Company's key
product offerings from reseller partners, including Hewlett-Packard
and Lenovo. China Crescent will also host its marketing partners at
the conference to promote Pacific Rim sales opportunities. Current
marketing partners include NuMobile, Inc. (OTCBB: NUBL), Alternet
Systems, Inc., Nova Energy, Inc. (OTCBB: NVAE), and Worldwide
Strategies, Inc.
China Crescent plans to feature its recently announced Wi-Fi
deal at the conference. The Company received a $1.6 million
original design manufacturing (ODM) purchase order from a
confidential Japanese customer for 100 sets of a special purpose
Wi-Fi communication device. Based on a formal letter of intent, 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.
China Crescent's strategic partner, NuMobile, Inc. has been
selected by China Crescent to provide a key proprietary software
component in a special purpose Wi-Fi solution.
China Crescent Technology Outsourcing and ODM Services
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 also 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.
CEO and World Bank Scholar Dr. James Jiang
Recently announced China Crescent CEO Dr. James Jiang has over
18 years of senior executive management experience in the
information technology and wireless industries. His management
resume includes posts with various multinational firms including
British Telecom, Telular Corp, Singapore Technologies and
GaozhiSoft. Dr. Jiang has extensive knowledge of GSM and GPRS
cellular systems and architecture, 3G wireless communications, and
Internet technologies. In 1996, he developed and launched AirTrak,
China's first e-commerce service to deliver commerce information
from the Internet via a wireless network, and was the Chief
Architect of a dynamic web content cache engine and mobile
application platform. Dr. Jiang holds two patents in Vi-ter-bi
Decoding and Dynamic Contents Extraction, and is a World Bank
Scholar.
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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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