China Crescent Enterprises, Inc. Kicks Off Summit Meeting in Shanghai With Focus on Increased Earnings per Share With Over $40 M in Revenue Anticipated for 2009
Webcast Scheduled for Thursday to Preview Q2 Results and Expectations for 2009 Revenue
DALLAS, TX--(Marketwire - August 4, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR)
is conducting a management summit meeting in Shanghai this week. Following
the meeting, management plans to conduct a previously announced shareholder
Webcast from Shanghai that is scheduled to be posted to the Company's
corporate website Thursday, August 6, 2009. The Webcast is slated to
include a preview of 2nd quarter performance and the 2009 overall outlook
for anticipated revenue growth and increased earnings per share in 2009
compared to 2008. Additionally, the Webcast is expected to review the
benefits of recently announced contracts including a $2 million contract
with a Hong Kong-based software company and a $30 million outsourcing
contract signed earlier this year.
The Webcast will be available for viewing on-demand. A link for accessing
the Webcast is scheduled to be available on the Company's corporate website
on Thursday, August 6, 2009.
Corporate E-mail Updates
To be added to China Crescent's e-mail database to receive company updates
or to obtain more information on the Company, please send an e-mail to
ir@chinacrescent.com or call 214-722-3065.
About China Crescent Enterprises, Inc. (http://www.chinacrescent.com/)
China Crescent Enterprises, Inc. reported over $40 million in profitable
Revenue in 2008. The Company is a technology leader in the rapidly
developing Chinese market specializing today in software engineering, high
quality software development and digital multimedia outsourcing services
delivered to customers globally. At the same time, the firm is a systems
integrator and value added reseller of major global hardware brands in the
Chinese domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, China
Crescent bridges the gap between Western and Eastern business cultures to
assist Western clients in realizing the advantages of the high quality, low
cost technology products and services available from China. China Crescent
also assists Western 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
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.
Contact Information: Contact:
China Crescent Enterprises, Inc.
ir@chinacrescent.com
214-722-3065