Alternet's Mobile Commerce Service to Be Highlighted at China Crescent Enterprises, Inc. Sales Conference in Presentation by Former Chairman of Federal Reserve Bank of Dallas
China Crescent Board Member and Former Federal Reserve Bank of Dallas Chairman H.G. Robinson to Provide Closing Comments
DALLAS, TX--(Marketwire - February 19, 2010) - China Crescent Enterprises, Inc. (OTCBB: CCTR)
board member Ret. Major General Hugh G. Robinson is scheduled to provide
the closing presentation for the Company's upcoming Pacific Rim sales
conference. Hugh Robinson is also the newly appointed Chief Executive
Officer of Nova Energy, Inc. (OTCBB: NVAE). Nova is updating and expanding
its business plan to diversify into multiple early stage
infrastructure-focused business opportunities specific to the East African
economy. In his closing remarks, Robinson is expected to present on his
expectations for mobile commerce (M-commerce) in East Africa including the
opportunity for M-commerce partnerships between Africa and China and the
role Alternet Systems, Inc. (OTCBB: ALYI) could play with China Crescent in
facilitating the Africa and China connection.
The conference is scheduled for the week of March 8, 2010 at the Le Royal
Meridien hotel in Shanghai, China and will feature China Crescent's key
product offerings from technology reseller partners such as Hewlett-Packard
and Lenovo. 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, Oracle, Cisco, IBM,
HP and Dell and has recently expanded its business line to include original
design manufacturing (ODM).
Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a
retired Major General with a distinguished career serving in the United
States Army. Among other prestigious posts, Mr. Robinson served as
President Lyndon Johnson's military aide de camp. In addition to his public
service experience, Mr. Robinson's career has included extensive executive
management experience with senior positions at Southland Corporation and
City Place Development Corporation. He is a graduate of the United States
Military Academy at West Point and earned a Masters Degree in Civil
Engineering from the Massachusetts Institute of Technology (MIT). Mr.
Robinson also currently serves on the board of Carmax, Inc., the LBJ
Foundation and the Better Business Bureau.
Sign Up to Receive Regular China Crescent Investor Updates
China Crescent sends regular 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 safely unsubscribe at any time.
About Alternet Systems Inc. (www.alternetsystems.com)
Alternet Systems Inc., (OTCBB: ALYI) a US corporation headquartered in
Miami, Florida, is a leading enabler of Mobile Commerce services in the
Americas and Caribbean. Alternet has regional presences in 16 countries
throughout the region through a network of fulfillment partners and agents.
Alternet's subsidiaries provide a comprehensive suite of hosted and
Software as a Service (SaaS) applications for the Utility, Transportation,
Financial, and Telecommunication, and Retail industries. Alternet
subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd.,
the leading provider of mobile payment and financial transaction software
and Tekvoice Communications, an established provider of hosted Voice over
Internet Protocol (VOIP) billing services.
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, Oracle, Cisco, IBM, HP and Dell.
Following a recent strategic acquisition, the Company has expanded its
business line to include original design manufacturing (ODM). China
Crescent reported over $40 million in profitable revenue in 2008. The
Company has reported record profits through the first 9 months of 2009 and
anticipates reporting record profit in the 2009 annual report. Management
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
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