China Crescent Enterprises, Inc. (OTCBB: CCTR)today announced that the Company plans to review an anticipated originaldesign manufacturing (ODM) contract that could exceed $100 million in totalvalue in a previously scheduled Webcast this Friday, February 5, 2010. Inthe fourth quarter of 2009, China Crescent announced the acquisition of acommunications product design company. This acquisition expanded ChinaCrescent's business line from technology services into ODM. The Companyanticipates potentially releasing a substantial ODM contract announcementwithin the coming weeks. More details on the potential contract areexpected to be included in the exclusive on-demand Webcast presentationscheduled for this Friday, and a link to the Webcast is slated to bepublished to the corporate Website under 'RecentWebcasts' upon release.
fake rolex2010 Virtual Town Hall Available Online
Separately, China Crescent released the Company's 2010 Virtual Town HallJanuary 22, 2010 which is now available on the corporatewebsite . In the Town Hall videocast presentation,China Crescent CEO Paul K. Danner provides a review of the Company's 2009performance and successful launch of its Outsourcing Services including twosubstantial, long-term contracts. Additionally, the presentation providesan overview of recently announced plans to expand into new business lines,the acquisition of the communications product design company and thestrategy to reach $100 million in 2010 revenue.
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replica clothingAbout China Crescent Enterprises, Inc. ( )
China Crescent is a systems integration service provider that marketstechnology outsourcing services in China including the sale and service ofbrand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell.Following a recent strategic acquisition, the Company has expanded itsbusiness line to include original design manufacturing (ODM). ChinaCrescent reported over $40 million in profitable revenue in 2008. TheCompany has reported record profits through the first 9 months of 2009 andanticipates reporting record profit in the 2009 annual report. Managementhas set a goal of reaching $100 million in revenue in 2010.
Headquartered in Dallas with operations in Shanghai, Shenzhen, Dalian andBeijing, China Crescent bridges the gap between global business cultures toassist clients worldwide realize the advantages of the high quality, lowcost technology products and services available from China. China Crescentalso assists clients in localizing products and services to realize thetremendous growth potential available by expanding into the Chinese Market.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACTOF 1995
This press release contains forward-looking statements that involve risksand uncertainties. The statements in this release are forward-lookingstatements that are made pursuant to safe harbor provision of the PrivateSecurities Litigation Reform Act of 1995. Actual results, events andperformance could vary materially from those contemplated by theseforward-looking statements. These statements involve known and unknownrisks and uncertainties, which may cause China Crescent's actual results infuture periods to differ materially from results expressed or i
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