Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3065
China Crescent Enterprises, Inc. Wraps Up at National Association of Broadcasters Conference in Las Vegas; One Step Further Along to Increasing Sales Outside China
| Source: China Crescent Enterprises, Inc.
DALLAS, TX--(Marketwire - April 23, 2009) - China Crescent Enterprises, Inc. (OTCBB : CCSE )
today announced the successful conclusion of senior management meetings
conducted in Las Vegas, Nevada, April, 20-23 during NAB 2009
(www.nabshow.com) in an ongoing effort to increase Company sales outside of
China. NAB is the digital media community's largest annual conference with
an attendance of more than 100,000 and over 1,500 exhibiting companies.
Tomorrow (Friday, April 24) the Company will conduct a Webcast to present
the Company's overall strategy for increasing sales and improving operating
margins through the challenges of the current economic conditions. The
Webcast will include an overview of the Company's strategic meetings
conducted during the NAB show.
Yesterday, the Company announced sales growth in South East Asia of
approximately 39% with a net income increase of 15% compared to results
from the previous year. South East Asia is one of the first geographic
regions the Company targeted to increase sales outside of China. The
Webcast will include more detail on the Company's sales in South East Asia.
For assistance accessing or listening to the Webcast, please email
ir@chinacrescent.com or call 214-722-3065.
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. 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.