China Crescent (CCTR) and Fonix (FNXC) Announce Chinese Telecom Software Management Agreement (Marketwire via Yahoo! Finance)

DALLAS, TX–(Marketwire – 03/26/10) – China Crescent Enterprises, Inc. (OTC.BB: CCTR – News ) and Fonix Corporation (OTC.BB: FNXC – News ) today announced that they have agreed to the terms of a management agreement whereby China Crescent will assist in the management of the Fonix telecom industry-related software operations in China currently conducted by Fonix’s subsidiary, Shanghai Gaozhi …
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