Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3060
China Crescent Enterprises, Inc. and NuMobile, Inc. to Feature African WiMax Service on Trade Mission to Kenya Next Week in Strategy Noted by Beacon Equity Research
| Source: China Crescent Enterprises, Inc.
DALLAS, TX--(Marketwire - October 22, 2009) - China Crescent Enterprises, Inc. (OTCBB : CCTR )
and NuMobile, Inc. (OTCBB : NUBL ) are scheduled to return to Kenya next week
on a previously announced Trade Mission to the region. The two Companies
were recently in Nairobi, Kenya for a series of business development
meetings and have entered into a partnership to combine NuMobile's
smartphone and mobile computing technology solutions with China Crescent's
systems integration expansion into East Africa in the launch of WiMax
services in Africa. The Companies plan to feature the WiMax service
offering in East Africa during the Trade Mission.
The project in Africa was recently featured in an investment report on
China Crescent issued by Beacon Equity on September 8, 2009.
Excerpt from Beacon Equity Report on China Crescent's Africa Business Plan
"Africa, in particular, is an important strategic area of the world because
of its potential for significant raw materials trade with China's
resources-needy manufacturing base. Major investment and infrastructure
commitments in the region are in-place and growing, allowing the Company to
increase revenue as a supplier of lower-cost, value-added technologies."
To read the entire report visit: http://www.beaconequity.com/i/CCTR.
BeaconEquity.com is one of the industry's largest small-cap report
providers. Beacon strives to provide a balanced view of many promising
small-cap companies that would otherwise fall under the radar of the
typical Wall Street investor. We provide investors with an excellent first
step in their research and due diligence by providing daily trading ideas,
and consolidating the public information available on them. For more
information on Beacon Research, please visit http://www.BeaconEquity.com
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Company, please visit www.chinacrescent.com.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions for the
global mobile computing and smartphone market. Through a roll-up strategy,
NuMobile plans to acquire and develop mobile computing solutions for a
variety of applications, including mobile banking, for the global
marketplace. The demand for mobile security and software applications is
being driven in large part by the growing number of mobile phone sales into
emerging economies that currently do not have substantial access to the
Internet via desktop computing. Already in North America, the Company has
also forged a partnership in the Chinese market and is developing a plan
for the emerging economies of Latin America and East Africa. NuMobile is a
SEC fully-reporting public company listed on the Over-the-Counter Bulletin
Board.
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.