DALLAS, TX--(Marketwire - July 7, 2010) - China Crescent Enterprises, Inc. (
China Crescent will be participating in the upcoming Microsoft World Partner Conference (http://digitalwpc.com/) being held in Washington, D.C. July 11-15. Bill Clinton, the 42nd President of the United States of America, will speak at the Conference Wednesday, July 14 on "Embracing our Common Humanity." China Crescent is a member of the NewMarket Technology, Inc. Greenfield Partnership Program. The Greenfield Partnership Program was established to facilitate early stage investment in high growth business opportunities within emerging markets. The founder of both NewMarket and China Crescent, Philip Verges, will present an exclusive Webcast on the Greenfield Partnership Program in advance of the Microsoft World Partner Conference kickoff.
"Investment capital for early stage and small businesses within the world's emerging markets is almost non-existent," said Philip Verges, Founder of NewMarket and China Crescent. "I am not talking about $250 microloans, I am talking about $100,000 to $1,000,000 investments to fund high growth business plans. Africa, Asia and South America have no shortage of viable entrepreneurial business leaders with plans that create a meaningful return on investment opportunity for those providing the early stage capital, while at the same time contributing to the cornerstone of every economic system, the small business sector. NewMarket has introduced the Greenfield Partnership Program to help entrepreneurs in emerging markets get access to early stage capital through the micro-cap public market and to introduce the high growth emerging market return on investment potential to a broader range of investors. We are optimistic that the upcoming Microsoft World Partner Conference and President Clinton's presentation on 'Embracing our Common Humanity' will provide a venue that helps NewMarket spread the word on our Greenfield Partnership Program. I hope you will join me for our Webcast on Monday, July 12th."
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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 strategic acquisition last year, the Company expanded its business line to include original design manufacturing (ODM). China Crescent reported $45 million in profitable revenue in 2009 after reporting over $40 million in revenue for both 2007 and 2008 and 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 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
214-722-3060