Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3060
China Crescent Enterprises, Inc.'s $40 Million Business With Sights on $500 Million Endorsed by Former Dallas Federal Reserve Chief and Presidential Staff Member Hugh Robinson
| Source: Bright Side, LLC
DALLAS, TX--(Marketwire - October 8, 2009) - China Crescent Enterprises, Inc. (OTCBB : CCTR )
today released a statement from Hugh G. Robinson. Mr. Robinson is the
former Chairman of the Dallas Federal Reserve, a Retired Major General of
the United States Army, a past White House Staff member under President
Lyndon Johnson and a more recent adviser to current political figures. Mr.
Robinson is a member of the board of directors of China Crescent's majority
shareholder and a regular spokesman and advocate for China Crescent. He has
played a key role in China Crescent's growth and the Company's expansion
into emerging markets around the world. Mr. Robinson's comments are made in
conjunction with China Crescent's upcoming trade mission to Kenya and plans
to open operations in East Africa.
"I applaud China Crescent's business development in Africa," said Mr.
Robinson. "In today's world, it is economic suppression, not political
suppression, that imposes the greatest limitation on personal liberty. I
believe the recognition and corresponding growth of a global small business
economy will be the root of the next great social evolution and advance.
The best high growth investments today are often outside of the United
States in the world's emerging markets. Investments in emerging markets not
only stand to deliver some of the best high growth returns, but at the same
time, emerging market investments also marry capitalism and social
responsibility by bringing much needed investment dollars to regions where
such investments can meaningfully reduce poverty."
Mr. Robinson is joining China Crescent's trade mission to Kenya later this
month.
Corporate E-mail Updates
To sign up to receive company updates or to obtain more information on the
Company, please visit www.chinacrescent.com.
About China Crescent Enterprises, Inc. (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.