(CCTR) China Crescent Enterprises, Inc. Schedules Webcast to Review First Quarter 2010 Financial Results Anticipated to Reflect
19 Maggio 2010 - 3:22PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced that
the Company has scheduled a Webcast presentation for release next
Wednesday, May 26th, 2010 to review its first quarter 2010
financial results. The Company anticipates reporting growth
compared to the same period last year. China Crescent is a systems
integration service provider of brand name technologies and
reported $45 million in profitable revenue in 2009 after reporting
over $40 million in revenue for both 2007 and 2008. This year,
China Crescent embarked on a major next step in the Company's
ongoing development to build to a goal of achieving $100 million in
profitable annual revenue for fiscal year 2010. As part of that
plan, Dr. James Jiang was made the Company's new Chief Executive
Officer. The plan was initiated last year when China Crescent
introduced its new outsourcing services and original design
manufacturing (ODM) business lines. Earlier this week, the Company
filed an extension notification for its first quarter 2010 results
and expects to file the financial report within the extension
period. A link to the first quarter review Webcast will be
published to the corporate website www.chinacrescent.com 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 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.
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China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3060
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