China Crescent Enterprises, Inc. (OTCBB: CCTR)today announced forecasted revenue growth of approximately 100% in 2010over 2009. The Company has scheduled an on-demand Webcast for thisThursday, February 4th to present a strategic update for 2010, including asales pipeline that supports a $100 million profitable revenue objective.The Webcast agenda includes an introduction of the new CEO, who has beenpromoted from within the China Crescent ranks. The Webcast will beintroduced by Former Dallas Federal Reserve Chairman, Retired Major GeneralHugh Robinson, the latest addition to the China Crescent Board of Directorseffective today. The Webcast presentation will further include a review ofthe report on the Company from Jim postcard printing Cramer's TheStreet.com in response torecent shareholder questions regarding the report.
2010 Virtual Town Hall Available Online
Separately, China Crescent released the Company's 2010 Virtual Town HallJanuary 22, 2010 which is now available on the corporate website . In the Town Hall videocast presentation, ChinaCrescent 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 a China Radio Technology Ltd subsidiary and the strategyto reach $100 million in 2010 revenue.
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replica rolexChina Crescent sends regular email updates to its opt-in, permission-basedemail database. Interested investors can easily, safely and quicklyregister to receive these communications directly on the corporate websitehomepage ( ). Recipients can manage their own emailcontact profile and safely unsubscribe at any time.
About 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 expre
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