(CCTR) China Crescent Announces Web Presentation on Small Business Stakeholder Cooperation to Include Overview on Speculative In
25 Gennaio 2011 - 8:20PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced they
have been featured in a Web presentation from the Greenfield
Partnership Program intended to appeal to small and medium business
(SMB) stakeholders to include business owners, investors, managers
and employees. The video and eight Webcast presentations cover a
range of topics important to small business stakeholders:
- Emergency Economic Stabilization Act/TARP
- Social Media
- Discretionary Income
- Speculation
- FINRA & OTC
- Operation Broken Trust
- Importance of small business to the economy
The Greenfield Partnership Program was started to facilitate
SMB's from around the world in coming together in a practical and
unified effort to address the economic resource inequities facing
the SMB sector in both domestic and global markets. The practical
Greenfield approach is intended to have a real and timely positive
expansion and growth impact for Greenfield partners in addition to
effecting long range changes for the SMB sector overall. Greenfield
partners are benefiting today by combining forces while raising
funds, participating in cooperative sales and marketing campaigns
and sharing back office resources. China Crescent Greenfield
partner success stories include:
South American Telecommunications Equipment
China Crescent recently announced a third shipment of
telecommunications equipment to a Greenfield partner in South
America. NewMarket Greenfield partners in South America and China
coordinated resources following a Shanghai conference last year to
sign a telecommunications contract anticipated to generate
approximately $1.2 million in revenue over a 12 month contract
period.
$160 Million LOI in Japan
Last year, China Crescent entered into a formal letter of intent
(LOI) agreement with an undisclosed Japanese firm to develop and
provide 10,000 custom Wi-Fi devices. In conjunction with the LOI,
the Japanese firm placed a $1.6 million purchase order for 100 sets
of the device in order to conduct a pilot test. NuMobile, Inc.
(OTCBB: NUBL) was been selected by China Crescent to provide a key
proprietary software component for the special purpose Wi-Fi
communication device. The Japanese customer has committed to
purchase 10,000 of the custom Wi-Fi devices for a total of $160
million over the next three years, subject to the performance of
the first 100 sets.
East Africa Expansion:
Separately, NuMobile, China Crescent and Savanna East Africa,
Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) have partnered to build a
wireless broadband network in Nairobi, Kenya. The broadband network
is intended to provide a wireless meter reading capability to local
utility companies. After successful completion of the testing
phase, the wireless broadband project is expected to expand
throughout Nairobi, followed by expansion to additional cities and
countries throughout East Africa.
The video and Webcasts, which are collectively titled,
'NewMarket Technology & The Greenfield Partnership Program
Videocast (January 2011)' are now available for on-demand viewing
by going to www.chinacrescent.com and clicking on 'Webcasts.'
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.
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Contact: China Crescent Enterprises, Inc. Email Contact
214-722-3060
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