China Crescent (CCTR) $200 Million 2010 NewMarket (NWMT) Greenfield Partner Revenue Goal With NuMobile (NUBL) and Nova (NVAE) to
24 Marzo 2010 - 7:52PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) and its partners,
NuMobile, Inc. (OTCBB: NUBL) and Nova Energy, Inc. (OTCBB: NVAE),
are set to be featured in a Webcast scheduled for release tomorrow,
March 25th. All three companies are participants in the NewMarket
Technology, Inc. (PINKSHEETS: NWMT) Greenfield Partnership Program.
China Crescent CEO Dr. James Jiang recently announced the Company's
goal to generate $200 million in revenue through partnership
programs in 2010. The $200 million represents 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. The Webcast is also meant to
provide a preview of upcoming financial reports for fiscal year
2009 for program participant companies. A link to the on-demand
Webcast will be posted to the NewMarket corporate website upon
release Thursday.
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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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