China Crescent (CCTR) $200 Million 2010 Greenfield Outlook With NuMobile (NUBL) and Nova Energy (NVAE) to Be Reviewed in On-Dema
26 Aprile 2010 - 4:07PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) has scheduled an
on-demand Webcast for release tomorrow, April 27th. The Webcast, to
be conducted by Paul Danner, Director of Worldwide Business
Operations for China Crescent's parent company, will concentrate on
providing a status update on the Company's plans to diversify its
systems integration operations and expand sales outside of China.
The Webcast will include a review of the recently announced
Greenfield Program Partnership revenue outlook for $200 million in
potential revenue in 2010. Greenfield Partners working with China
Crescent in China include NuMobile, Inc. (OTCBB: NUBL) and Nova
Energy, Inc. (PINKSHEETS: NVAE) (OTCBQ: NVAE). As part of the
Company's plans to diversify its operations, China Crescent
recently also announced a $1.6 million purchase order for custom
Wi-Fi equipment received from a Japanese client as part of an
overall $160 million letter of intent commitment over the next
three years that is subject to the performance of the initial
order. The Webcast is slated to provide a status update on the
Wi-Fi equipment order. Finally, the presentation is scheduled to
provide an update on China Crescent's $100 million profitable
revenue outlook for 2010, 2009 success and recent independent
analyst 'speculative buy' recommendation. A link to the Webcast
will be published upon release at www.chinacrescent.com and emailed
to the China Crescent corporate email database.
Independent Analyst 'Speculative Buy'
China Crescent recently released an analyst report from Prime
Equity Research (PER) with a 'speculative buy' rating. The
independent analyst report provides a description of the China
Crescent investment opportunity and a summary of the Company's
growth strategy and associated risk factors. Additionally, the
report provides analysis of China Crescent's business expansion to
provide services beyond systems integration, including outsourcing
services and original design manufacturing (ODM). The independent
analyst with PER is a Certified Financial Analyst (CFA) in
accordance with the CFA Institute Code of Ethics and Standards for
Professional Conduct. The analyst has previously conducted research
for a number of Western European and North American financial
institutions, including Janney Montgomery Scott. China Crescent
engaged the analyst and paid for the services prior to any
recommendation rating or price target to ensure objective
research.
To review a copy of the initial report, please visit the China
Crescent corporate website at www.chinacrescent.com or the Prime
Equity Research website at www.primeequityresearch.com.
Sign Up to Receive Regular China Crescent
Investor Updates China Crescent sends regular email updates to
its opt-in, permission-based email database. Interested investors
can easily, safely and quickly register to receive these
communications directly on the corporate website homepage
(www.chinacrescent.com). Recipients can manage their own email
contact profile and safely unsubscribe at any time.
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 strategic
acquisition last year, the Company expanded its business line to
include original design manufacturing (ODM). China Crescent
reported $45 million in profitable revenue in 2009 after reporting
over $40 million in revenue for both 2007 and 2008 and 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3060
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Lug 2023 a Lug 2024