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China Crescent Enterprises, Inc.
Current Events and Communications
China Crescent Enterprises Year-to-Date Corporate Update Webcast
(September 19, 2008 at 12:30 pm EDT)
China Crescent Enterprises 2nd Quarter Financial Review (August 19,
2008 at 4:15 pm EDT)
NewMarket China, Inc. Completes Corporate Name Change to China
Crescent Enterprises, Inc. and Begins Trading Under Symbol "CCSE"
Explore, Expand, Excel
China Crescent Enterprises, Inc. provides technology and telecommunication
services in China and software development and maintenance services to
US customers. Not just your off shore vendor, China Crescent is your
international business partner. Headquartered in Shanghai, China Crescent bridges the gap between Western and Eastern business cultures.
We can help you realize the advantages of the high quality, low cost
development available in China, and overcome the challenge of taking
your business global. Whether this is your first step or your next
step, we are here to take it with you.
China Crescent understands the differences in business processes,
communications, and cultures between the Untied States and China,
providing our customers with a successful environment for global
relationships and transactions
Expand Your Business:
- Explore a new marketplace for your company in China
- Localize your products and services
- Identify complementary products in China to expand your offering
at home
- Outsource software development in China for low cost, high
quality results
- Manufacturing overseas to reduce costs
- Outsource business process to China to reduce overhead and
maintain quality and service commitments
- Partner with China Crescent to ensure a smooth, successful
international expansion
Subsidiaries and Partnerships
-
Clipper
Technology - A Shanghai company, wholly owned by China Crescent Enterprises,
providing Hardware and Software services throughout China.
-
Gaozhi
Science and Technology – Our strategic partner based in Shanghai,
providing telecommunication and technology solutions within China.
- Shanghai Multimedia Industry Association - The SMIA, a member of
the International Federation of Multimedia Associations (FIAM), is
the authority on the multimedia industry in Shanghai. With more than
148 member companies, the SMIA has set up a broad network with
associations and organizations in more than ten countries, as well
as close relationships with the government, media and various
corporations throughout China.
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Trade Missions to China
Over the past two years, China Crescent has hosted numerous Trade
Missions to China to introduce US companies to Chinese capabilities
and opportunities. If you are interested in joining the next Trade
Mission, please contact
trademission@chinacrescent.com.
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Recent News
China
Crescent Enterprises, Inc. Announces $3.6 Million Managed Services
Contract
China Crescent Enterprises, Inc.. Files SEC form 8-K, Change in Directors or Principal
Officers, Regulation FD Disclosure, Financ
China
Crescent Enterprises, Inc. CEO Reviews $19.2 Million YTD Revenue and
Fourth Continuous Profitable Quarter Driving Toward 2008 $50 Million
Profitable Revenue Goal
China
Crescent Enterprises, Inc. CEO and CFO to Conduct Webcast Today at
4:15 pm EDT on YTD Financial Performance
China Crescent Enterprises. Financials
China
Crescent Enterprises, Inc. Reports Substantial YTD Net Income Growth
and Revenue on Track to Meet 2008 $50 Million Forecast
China
Crescent Enterprises, Inc. Schedules Q2 2008 Earnings Webcast for
Tuesday, August 19, 2008 at 4:15 PM EDT to Review Continued Net Income
and Revenue Growth
China
Crescent Enterprises, Inc. Update on Operations, Management, $40
Million 2007 Revenue, $50 Million 2008 Forecast, and Partners IBM,
Sony, HP and Hitachi Now Available
China
Crescent Enterprises, Inc. Gaining Traction and Profits; Expects to
Report Higher Than Anticipated Net Income
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Management
Paul K. Danner
CEO – China Crescent Enterprises, Inc.
Mr. Danner joined China Crescent Enterprises as Chief Executive
Officer and Board Member earlier this year. Prior to his role as CEO,
Mr. Danner served as Managing Director of Asian Operations for
NewMarket Technology, Inc. As CEO, Mr. Danner works closely with the
company’s US and Chinese management teams on business development
activities and M&A activities to fully realize the company’s business
opportunities.
Before joining the Company, Mr. Danner was the Chief Executive
Officer of Paragon Financial Corporation, an OTC Bulletin Board
company he formed in 2001 to acquire financial services institutions.
Prior to founding Paragon, Mr. Danner was employed by MyTurn.com,
Inc., a NASDAQ-listed company, where he served in a variety of
leadership roles including Chief Executive Officer. Previous corporate
positions with a number of Fortune 100 technology companies including
Control Data and NEC provided managerial and executive level
experience in sales, marketing, operations, finance and manufacturing.
Mr. Danner earned a Bachelor of Science degree in Business Finance
from Colorado State University in 1979, and an MBA from Old Dominion
University in 1986. From 1979 to 1985 Mr. Danner served on active duty
with the United States Navy flying the F-14 Tomcat. Currently, he is a
Captain in the United States Navy Reserve and is assigned as the
Deputy Chief of Staff, Naval Air Systems Command Reserve Program at
Naval Air Station Patuxent River, Maryland.
Philip J. Rauch
Chief Financial Officer
Mr. Rauch brings substantial financial and corporate development
talent and experience to NewMarket. Prior to his appointment at
NewMarket, Mr. Rauch held the positions of chief operating officer and
chief financial officer for Defense Technology Systems, Inc., a
U.S.-based company that designs, manufactures and installs safety and
security equipment for domestic and international business
communities.
Prior to his tenure at Defense Technology Systems, Mr. Rauch was
vice president of business operations at AboveNet, and from 1993 to
1997, he served as CFO of Columbus Construction. Mr. Rauch also served
as CFO for F. Garofalo Electric Co., a Local #3 IBEW engineering and
construction company.
Mr. Rauch holds a Bachelor of Science in Economics with honors from
the University of Pennsylvania Wharton School of Business, with a
concentration in finance and accounting. Mr. Rauch has further earned
a certificate in Construction Management from the Institute of Design
and Construction in New York. He is currently a member of the American
Management Association and the Construction Financial Management
Association.
Dr. James Jiang
President of Chinese Operations
Dr. Jiang has been advising NewMarket for more than two years and
has been instrumental in NewMarket's progress in China. Dr. Jiang has
successfully lead NewMarket in building revenue to approximately $20
million in 2006 from domestic sales in China with a forecast
representing 100% growth to $40 million in 2007 revenue.
Dr. Jiang has over 18 years of information technology, wireless and
senior management experience, including CEO level positions. His
management resume includes posts with various multinational firms
including British Telecom Laboratory, GaozhiSoft, Singapore
Technologies and Telular Corp. Dr. Jiang has extensive knowledge of
GSM/GPRS systems and architecture, 3G wireless communications and
Internet technologies. In 1996, he developed and launched AirTrak,
China's first e-commerce service to deliver commerce information from
the Internet via a wireless network, and was chief architect of a
dynamic web content cache engine and mobile application platform. He
holds two patents in Viterbi Decoding and Dynamic Contents Extraction,
and is a World Bank Scholar.
As President and Chief Executive Officer of GaozhiSoft, Inc., a
leading OSS/BSS software company, Dr. Jiang grew the company by
developing proprietary software unique to the Chinese market for
servicing China Mobile (NYSE:CHL - News) and China Unicom (NYSE:CHU -
News). Dr. Jiang was also the Technical Director for a world leading
fixed wireless product company, Telular Corp. Inc. (Nasdaq:WRLS -
News), in the United States as well as managing all the technical
activities throughout Asia Pacific. From 1992 to 1998, Dr. Jiang was
Research and Development Director for Singapore based company, PCI
Ltd. (Singapore Stock Exchange: 101345 - News).
Dr. Jiang was awarded his Ph.D. in Digital Mobile Communications
from the University of Birmingham in England and his M.S. in Digital
Systems from the Cranfield Institute of Technology in England. He
earned his B.S. in Electronics from Jiaotong University and was a
lecturer at the Shanghai Science & Technology University.
Dr. Larry Wu
Vice President of Business Development
Dr. Wu joined NewMarket Technology two and a half years ago after
serving in the Chinese State Council Research Office as a Senior
Advisor to the Premier, Mr. Wen Jiabao. His extensive professional
work history in China’s public sector will assist Intercell by
continuing to expand operations in China beyond the current $20
million revenue anticipated for 2006.
Prior to his position at the State Council Research Office, Dr. Wu
worked in Washington D.C. at the Chinese Embassy as a Secretary for
Science and Technology. In this position, he led Chinese efforts to
promote technology and telecommunications trade and investment, as
well as research and development collaborations between Chinese and
American companies. Dr. Wu is a published author in his field with
three books and numerous articles, which include U.S. publications in
Business Week and Red Herring. Most recently, Dr. Wu was named one of
“50 Business Opinion Leaders” in June 2006 “Talents” Magazine. Dr. Wu
holds a PhD in Public Policy on Science and Technology from Renmin
University of China.
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