SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

February 16, 2010 09:20 ET

China Crescent Enterprises, Inc. Announces 1st Quarter Record Performance To-Date and Updates $100 Million 2010 Revenue Target Progress in On-Demand Webcast

DALLAS, TX--(Marketwire - February 16, 2010) - China Crescent Enterprises, Inc. (OTCBB: CCTR) released an exclusive on-demand Webcast today to review record-setting first quarter performance to-date and provide an update on the Company's progress toward its $100 million 2010 revenue target. The Webcast includes a presentation on a recently announced $1.6 million purchase order received from a Japanese client as part of an overall $160 million letter of intent commitment over the next three years.

A link to the Webcast titled 'China Crescent $160 Million Strategic Project and 2010 Forecast Update Webcast' is now available under Recent Webcasts on the China Crescent corporate website at

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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 recent strategic acquisition, the Company has expanded its business line to include original design manufacturing (ODM). China Crescent reported over $40 million in profitable revenue in 2008. The Company has reported record profits through the first 9 months of 2009 and anticipates reporting record profit in the 2009 annual report. Management 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.


This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause China Crescent's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

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