China Crescent Enterprises, Inc. Opens Shanghai Conference Announcing $200 Million Partner Goal After Presenting Hewlett-Packard
08 Marzo 2010 - 2:30PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) opened its 2010
inaugural sales conference today in Shanghai at Le Royal Meridien
Hotel across from Peoples Square. The conference has been organized
to provide China Crescent technology partners with the latest
information on sales programs and opportunities in China. China
Crescent partners participating in the conference include NuMobile,
Inc (OTCBB: NUBL), Alternet Systems, Inc. (OTCBB: ALYI) and Nova
Energy, Inc. (OTCBB: NVAE). In his opening comments, China Crescent
CEO Dr. James Jiang announced the Company's 2010 goal to generate
$200 million in revenue through partnership programs. China
Crescent has previously announced a $100 million independent
revenue objective for 2010. Dr. Jiang explained the $200 million
represented an additional $100 million revenue goal, with the
additional $100 million revenue not necessarily to be recognized
directly by China Crescent but otherwise to be recognized in a
combination of opportunities won by individual partner
participants. Dr. Jiang's introduction also included a presentation
on China Crescent's Hewlett-Packard and Lenovo sales partnership
programs in China. The conference is scheduled to conclude on
Thursday and the Company plans to release a Webcast following the
conference's conclusion to provide shareholders with a review of
the proceedings. A link to the Webcast will be published on the
Company website upon release.
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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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