(CCTR) China Crescent Announces 2011 Greenfield Partnership Program Webcast Scheduled for Friday, January 14th
11 Gennaio 2011 - 4:08PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced the
Company is scheduled to be featured in a Greenfield Partnership
Program videocast planned for release this Friday, January 14th.
The Greenfield Partnership Program was launched more than a year
ago to support entrepreneurial, high growth companies in achieving
their operational and business objectives. The program has expanded
to include eight public and private companies so far and
anticipates an even more rapid expansion of member companies in
2011.
The Greenfield Partnership Program has been instrumental in
assisting member companies with fundraising and market penetration.
Additionally, the network of member companies has aided in the
expansion companies' geographic reach and portfolio of
services.
China Crescent has been working diligently with the NewMarket
Greenfield Partnership Program to expand its business by offering
high quality, affordable technology solutions from China into the
growing economies of East Africa, Latin America and other Asian
countries. For example, since working with the Greenfield Program,
China Crescent has announced the sale of its proprietary GPS
tracking devices to a confidential ICT systems integration firm
headquartered in Nairobi, Kenya and a new telecom contract in South
America. Notably, China Crescent has 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.
A link to the upcoming videocast will be posted to China
Crescent's website www.chinacrescent.com upon release. Past
Webcasts and communications are also available on the corporate
website.
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 in 2009. 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.
Systems Integration Continued Growth and PPS
Appreciation Plan
Last week, China Crescent released a Webcast featuring its 2011
strategy to concentrate resources on the continued rapid expansion
of its systems integration business and implement a plan to enable
long-term price per share appreciation in conjunction with
fundamental financial performance.
The Webcast is available on the China Crescent website at
www.chinacrescent.com or directly at
http://tinyurl.com/CCTR1611.
Euronext New York Stock Exchange and Dividend
Strategy
NewMarket CEO Bruce Noller recently conducted a Webcast
highlighting China Crescent's plans to move to a national exchange
and dividend strategy, stating:
"We plan to move China Crescent's and NewMarket's other systems
integration operations onto the Euronext New York Stock Exchange
platform and at the same time, execute a spinoff distribution of
China Crescent's non-systems integration operations."
The NewMarket CEO Webcast is available for on-demand review at
www.newmarkettechnology.com or directly at
http://tinyurl.com/NewMarket1230.
Letter to Shareholders
China Crescent recently released a letter to shareholders:
http://www.chinacrescent.com/lts_2010_12_15.html. The letter
reviews China Crescent's operational successes in 2010 and
highlights potential operational successes anticipated in 2011. 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 NewMarket Greenfield Partnership
Program NewMarket launched the Greenfield Program last year to
facilitate the start-up and early stage development of high-growth
potential businesses. The Greenfield Program concentrates on early
stage, rapid growth opportunities in the world's emerging markets,
with program participants in China, Southeast Asia, South and
Central America and East Africa, in addition to a handful of
program participants in North America.
Follow the Greenfield Partnership Program on Facebook at:
http://tinyurl.com/greenfieldpp and on Twitter at
http://twitter.com/greenfieldpp.
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.
Headquartered in Dallas with operations in China, 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.
"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. Email Contact
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