MONSTERSTOX.COM: Monsterstox.com : China Crescent Enterprises, Inc. (OTCBB: CCTR)
HENDERSON, NV, Oct 12, 2009 (M2 PRESSWIRE via COMTEX) --
Companies: Cape Coastal Trading Corp (CCTR), China Crescent Enterprises Inc (CCSE)
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Today's hot alert includes : China Crescent Enterprises, Inc. (OTCBB: CCTR)
China Crescent Enterprises, Inc. Announces First Outsourcing Agreement May Exceed $30 Million in Total Revenue Value
DALLAS, TX -- 12/10/09 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) opened its Shanghai management summit meeting this morning with a client update and review of China Crescent's performance to date on its first major outsourcing agreement. Earlier this year, the Company announced signing its first major outsourcing contract worth $30 million over three years. China Crescent has received high marks from the client and news that the total revenue value could exceed the originally anticipated $30 million. The client's business has been enhanced as a result of the project, and consequently, the services required from China Crescent could expand as early as next year. Initial estimates suggest the total contract value could increase to as high as $50 million over three years.
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Companies: Cape Coastal Trading Corp (CCTR), China Crescent Enterprises Inc (CCSE)
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