DALLAS, TX--(Marketwire - April 12, 2011) - China Crescent Enterprises, Inc. (OTCQB: [ CCTR ]) (PINKSHEETS: [ CCTR ]) today announced the Company plans to review its 2010 annual report in a Webcast scheduled for release next Thursday, April 21st. China Crescent reported $50.9 million in revenue with $3.3 million in net income for the first three quarters of 2010. In 2009, China Crescent reported $45.6 million in annual revenue with $2.2 million in net income. A link to the Webcast will be posted to China Crescent's corporate website, [ www.chinacrescent.com ], and emailed to corporate email subscribers upon release.
Recent Letter to Shareholders and Re-Focus on Systems Integration
China Crescent's parent company, NewMarket Technology recently released a letter to shareholders and a Webcast from CEO Bruce Noller reviewing the two companies' plans to re-focus on the information technology market. The technology services provided by NewMarket and China Crescent have in previous years been more diverse, but the Companies are now re-focusing on systems integration. The recent letter and Webcast are available on the NewMarket corporate website for review at [ www.newmarkettechnology.com ] under 'Investor Relations'.
About China Crescent Enterprises, Inc. ([ www.chinacrescent.com ])
China Crescent (PINKSHEETS: [ CCTR ]) (OTCQB: [ CCTR ]) 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, Cisco, IBM, HP and Dell. Following a strategic acquisition in 2009, the Company expanded its business line to include original design manufacturing (ODM). Headquartered in Dallas with operations in China, China Crescent reported $45 million in profitable revenue in 2009 after reporting over $40 million in revenue for both 2007 and 2008.