(CCTR) China Crescent Announces Exclusive Webcast in Advance of Bill Clinton Presentation at Microsoft World Partner Conference
07 Luglio 2010 - 3:59PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) is a fully-reporting
Company delivering a broad range of technology services in China.
China Crescent reported $45 million in revenue with record profits
for 2009 and nearly $15 million in profitable revenue in the first
quarter of 2010. The Company recently received a reiterated
'Speculative Buy' rating and target PPS of $0.0516 in a research
update from Prime Equity Research (PER) compared to the Company's
recent close of $0.0081 on Friday, July 2.
China Crescent will be participating in the upcoming Microsoft
World Partner Conference (http://digitalwpc.com/) being held in
Washington, D.C. July 11-15. Bill Clinton, the 42nd President of
the United States of America, will speak at the Conference
Wednesday, July 14 on "Embracing our Common Humanity." China
Crescent is a member of the NewMarket Technology, Inc. Greenfield
Partnership Program. The Greenfield Partnership Program was
established to facilitate early stage investment in high growth
business opportunities within emerging markets. The founder of both
NewMarket and China Crescent, Philip Verges, will present an
exclusive Webcast on the Greenfield Partnership Program in advance
of the Microsoft World Partner Conference kickoff.
"Investment capital for early stage and small businesses within
the world's emerging markets is almost non-existent," said Philip
Verges, Founder of NewMarket and China Crescent. "I am not talking
about $250 microloans, I am talking about $100,000 to $1,000,000
investments to fund high growth business plans. Africa, Asia and
South America have no shortage of viable entrepreneurial business
leaders with plans that create a meaningful return on investment
opportunity for those providing the early stage capital, while at
the same time contributing to the cornerstone of every economic
system, the small business sector. NewMarket has introduced the
Greenfield Partnership Program to help entrepreneurs in emerging
markets get access to early stage capital through the micro-cap
public market and to introduce the high growth emerging market
return on investment potential to a broader range of investors. We
are optimistic that the upcoming Microsoft World Partner Conference
and President Clinton's presentation on 'Embracing our Common
Humanity' will provide a venue that helps NewMarket spread the word
on our Greenfield Partnership Program. I hope you will join me for
our Webcast on Monday, July 12th."
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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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Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3060
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