China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc. is a technology systems integrator, an original design manufacturer (ODM) and value added reseller (VAR) of major global technology brands in the rapidly developing Chinese domestic market. Additionally, China Crescent offers technology outsourcing services. A US-based company with its primary operations in China, China Crescent has grown over the past few years to $78 million in annual revenue for 2010.

Within China, China Crescent provides technology services and products including notebook and desktop computers, printers, servers, and network equipment from a number of well-known global brands such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo.  The Company is also an authorized reseller of operating systems, databases, middleware and application software from brands such as Microsoft, Red Hat, Oracle, Sybase, IBM, BEA, Veritas and others.

Subsidiaries and Partnerships

• Clipper Technology, Ltd. - A Shanghai-registered company, wholly owned by China Crescent Enterprises, providing technology services.
• Clipper Huali Co., Ltd. - A majority owned subsidiary of Clipper Technology registered in the City of Ningbo, China. The company is a value-added reseller of IT products including notebook and desktop computers, printers, servers and networking equipment from a number of global brand partners including Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo. The company is also an authorized reseller of operating systems, database, middleware and application software from Microsoft, Red Hat, Oracle, Sybase, IBM, BEA, Veritas and others.
• Shenzhen Nubao Technology Co. Ltd. - A wholly-owned subsidiary of Clipper Technology and an Original Design Manufacturer located in Shenzhen, China. The company’s primary product focus involves wireless communication terminals (GSM, GSM/GPRS modules, GPS modules, GPS trackers, and Personal Navigation Devices). The core research and development staff averages more than 5 years of professional experience, and provides customers with industrial design (ID), mechanical design (MD), hardware design (HW), software design (SW), manufacturing, test and evaluation (T&E), and quality assurance (QA) services covering the full range of wireless communication solutions for intelligent terminals.
• Dalian Aoyuan Electronic Technology Services Co., Ltd. – A wholly-owned subsidiary of Clipper Technology and a systems integration company located in Dalian, China.
• Gaozhi Science and Technology Development, Ltd. – China Crescent's strategic partner based in Shanghai, providing telecommunication and technology solutions. China Crescent formed its strategic partnership with Gaozhi in 2006 to develop and distribute high technology products and services. Gaozhi is a well established technology company in Shanghai, China. Gaozhi operates in many high technology markets including the manufacture of mobile communication vehicles, low-energy intelligent lighting products, satellite data communications, telecommunications software, and IP television. China Crescent has also partnered with Gaozhi to develop foreign sales for several of Gaozhi’s products and services.

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Trade Missions

China Crescent has hosted several Trade Missions to China and conducted one the week of May 24th, 2010, in conjunction with the 2010 World's Fair being held in Shanghai, China between May 1 and October 31, 2010. The World's Fair, or Expo 2010, was expected to attract 70 million visitors.

China Crescent has also recently participated in a Trade Mission to Kenya in East Africa in October 2010.

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Recent Communications

NewMarket Letter Following Town Hall (September 16, 2011)

NewMarket Letter to Shareholders (August 11, 2011)

China Crescent 2010 Annual Report Review Webcast (April 28, 2011)

OTC Investment Strategy Tutorial For Investors and Entrepreneurs (February 17, 2011)

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Recent News

10/27/2011
(CCTR) China Crescent Enterprises, Inc. Anticipates Potential Business Strategy Updates in Light of Recent (NWMT) NewMarket Technology, Inc. Announcement

09/16/2011
NewMarket Technology, Inc. and China Crescent Enterprises, Inc. Announce CEO Letter Following Town Hall

08/11/2011
(NWMT) NewMarket and (CCTR) China Crescent Announce September 13th Town Hall Primer

For past news on the company, please visit your preferred financial news site such as MSN Money, Yahoo! Finance or Google Finance.

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Management

Dr. James Jiang
Chief Executive Officer

Dr. James Jiang has over 18 years of senior executive management experience in the information technology and wireless industries. His management resume includes posts with various multinational firms including British Telecom Laboratory, Telular Corp, Singapore Technologies and GaozhiSoft. 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 the Chief Architect of a dynamic web content cache engine and mobile application platform. Dr. Jiang holds two patents in Viterbi Decoding and Dynamic Contents Extraction, and is a World Bank Scholar.

Philip J. Rauch
Chief Financial Officer

Mr. Rauch brings substantial financial and corporate development talent and experience to China Crescent. Prior to his appointment at China Crescent, 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.

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