China Crescent (CCTR) Announces On-Demand Webcast to Present New Mobile Telecom Software Offering and $100 Million Target
29 Marzo 2010 - 3:00PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) has released an
exclusive, on-demand Webcast presentation to introduce a mobile
telecom software offering for the Chinese mobile phone market. At
the end of last week, China Crescent announced a strategic
agreement to commence management assistance of a telecommunications
industry software firm's operations in China and a contemplated
strategic business transaction that would include China Crescent
acquiring the firm's operations. The Webcast presentation details
China Crescent's strategy to grow the new telecommunications
software offering to a target annual revenue of $100 million within
18 months, augmenting the Company's previously announced 2010 $100
million corporate revenue target.
The Webcast is now available on the China Crescent corporate
website www.chinacrescent.com and is titled 'China Crescent Telecom
Software Strategy Webcast (March 26, 2010).' A direct link to the
Webcast is available at
http://www.chinacrescent.com/wctc_20100326.htm.
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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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