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Unread 05-28-2010, 08:46 AM
Chuck.W Chuck.W is offline
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CCTR.ob China Cresent Enterprises, Inc.

(CCTR) China Crescent Record $15 Million 1st Quarter Sales Boosts Company Toward $100 Million Annual Revenue Goal
Company Schedules Webcast Wednesday, June 2 to Present 2010 Updated Outlook


.Companies:China Crescent Enterprises, Inc..Press Release Source: China Crescent Enterprises, Inc. On Friday May 28, 2010, 9:33 am
DALLAS, TX--(Marketwire - 05/28/10) - China Crescent Enterprises, Inc. (OTC.BB:CCTR - News) today announced a Webcast presentation scheduled for Wednesday, June 2nd to present an updated 2010 outlook following the Company's record first quarter financial performance. China Crescent reported a more than 100% increase in first quarter revenue to nearly $15 million compared to the same period in 2009. Notably, net income increased more than 480% to approximately $657,000 versus the same period in 2009. The Company has announced a goal of reaching $100 million in 2010 annual revenue. The Wednesday presentation is scheduled to review the latest updates to the Company's 2010 outlook and a link to the Webcast will be posted to the corporate website, , upon release.

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About China Crescent Enterprises, Inc. ()
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.
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