DALLAS, TX, May 25, 2010 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) filed the Company's form 10-Q yesterday, reporting its results for the first quarter of 2010. China Crescent reported a more than 100% increase in revenue to nearly $15 million compared to the same period in 2009.
China Crescent Enterprises, Inc. closed at $0.0147 Monday, trading 5,268,302 shares.
(CCTR) China Crescent Reports Over 100% Q1 Revenue Growth to $15 Million With 480% Net Income Increase
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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LITTLE FALLS, NJ, May 25, 2010 -- mPhase Technologies, Inc. (OTCBB: XDSL), the developer of Power on Command™ battery technologies, and consumer products received a highly positive review from PorschePurist.com, a website devoted to Porsche cars, products and lifestyle.
mPhase Technologies, Inc. closed at $0.0132 Monday, trading 2,189,803 shares.
mPower Emergency Illuminator Receives Strong Review From PorschePurist.com
About mPhase Technologies, Inc.
mPhase Technologies, Inc. is focused on developing and commercializing a new battery technology featuring Power On Command™ which provides a unique way to store energy and manage power that will revolutionize the battery industry. mPhase, through its 100% owned consumer products division mPower Technologies, is marketing its first Power On Command product, The mPower Emergency Illuminator. For more information, please visit mPhaseTech.com and mPowerTech.com.
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