(CCTR) China Crescent Works Toward Objective of Doubling $45 Million 2009 Revenue in 2010 With Continued Rapid Growth in 2011
09 Novembre 2010 - 5:00PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) was featured in a
Webcast presentation today on the Company's strategy to accelerate
growth and increase profits by entering into the business process
outsourcing (BPO) market in India. The Company entered into two new
lines of business at the end of 2009, contributing to the Company's
rapid revenue growth reported through the first two quarters of
2010. China Crescent reported nearly $32 million in revenue through
the first six months of 2010 compared to approximately $17 million
in revenue for the same period the previous year. The Company has
previously announced its goal of reaching $100 million in annual
revenue in 2010 and is continuing to strive towards that goal. The
expansion into India's BPO marketplace is intended to fuel
continued rapid revenue growth while improving the Company's
profits in 2011.
The Webcast is currently available for on-demand review at
http://tinyurl.com/35rmwry.
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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, 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. Email Contact
214-722-3060
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