(CCTR) China Crescent Presents PPS and ROI Potential, Recent Rapid Growth to Record $51 Million Thru Q3 '10, 2011 Anticipated Ex
03 Gennaio 2011 - 3:28PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) is beginning the
year amidst a series of year-end review and outlook presentations.
The Company has been featured in on-demand Webcasts the last two
weeks and released a letter to shareholders. Additionally, China
Crescent plans to release a Webcast presentation this Thursday,
January 6th, to discuss its aggressive plans for 2011 and review
the Company's strong operational performance in 2010. The following
week, on January 14th, China Crescent is scheduled to be featured
in NewMarket Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD)
video Webcast.
Record 2010 Financial Performance
China Crescent recently reported $50.9 million in revenue
through the first nine months of 2010, compared to $30.3 million
for the same period in 2009, a 67% increase. Additionally, the
Company's net income for the first nine months of 2010 was $3.3
million, up from $1.9 million for the same period last year. China
Crescent's revenue and net income through the first three quarters
of 2010 has exceeded the Company's 2009 annual revenue and net
income results. China Crescent achieved $45.6 million in 2009
annual revenue with $2.2 million in net income.
Anticipated 2011 Highlights
After a year of substantial growth and expansion in 2010,
management plans to pursue a listing on a NYSE Euronext platform in
2011 as part of a broader overall NewMarket Technology Greenfield
Partner national exchange listing strategy. China Crescent also
plans to spin off one of its subsidiary operations in China through
a transaction that would include distribution of stock in the
subsidiary operation to China Crescent shareholders.
Cornerstone Role in Greenfield Partnership
Program
China Crescent was featured last week in an on-demand NewMarket
Technology Webcast presentation. In the presentation, NewMarket CEO
Bruce Noller highlighted China Crescent's 2010 operational
performance and 2011 business plan updates in a comprehensive
presentation on NewMarket's operations and plans. The Webcast is
available now for on-demand review at www.newmarkettechnology.com
or directly at http://tinyurl.com/NewMarket1230.
PPS, ROI and The OTC(BB) Factor
Webcast
China Crescent was also recently featured in a Greenfield
Partnership Program Webcast available for on-demand review now at
http://tinyurl.com/GFWebcast1221. The Webcast, titled 'The OTC(BB)
Factor -- A Different Perspective On Achieving An ROI' discusses
the different types of companies quoted on the over-the-counter
market while suggesting different investment expectations
associated with each type and suggesting specific strategies to
achieve investment expectations.
China Crescent Letter to Shareholders
China Crescent recently released a letter to shareholders
(http://tinyurl.com/CCTRLTS). The letter reviews China Crescent's
operational successes in 2010 and highlights potential operational
successes anticipated in 2011 that could trigger future return on
investment opportunities. The letter also reviews the Small Equity
Initiative and its participation in the recent Economist Magazine's
World in 2011 Festival that included President Clinton and the
Clinton Foundation and in the United Nations International Strategy
for Disaster Reduction (UNISDR).
Sign Up to Receive Regular China Crescent
Investor Updates China Crescent sends 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
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, 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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