China Crescent Enterprises, Inc. (OTC.BB: CCTR) plans to acquire a China Radio Technology Ltd. subsidiary. The company will discuss the acquisition in an exclusive webcast on December 11, 2009. The China Radio subsidiary is expected to produce the company approximately $20 million in annual revenue for 2010. A link to the webcast will be posted on the company's website upon release.
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About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent Enterprises, Inc. reported over $40 million in profitable revenue in 2008. The Company 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.
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