SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

November 25, 2009 09:08 ET

China Crescent Enterprises, Inc. to Review Enhanced Milestone ROI Potential and Improved Long-Term Viability in Webcast Tuesday, December 1

DALLAS, TX--(Marketwire - November 25, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced that the Company has scheduled a shareholder update Webcast for Tuesday, December 1, 2009. The Webcast agenda includes a review of the recently released letter to shareholders on the enhanced milestone ROI potential and improved long-term viability of China Crescent.

China Crescent previously announced launching a new investor relations campaign to improve the quality of communications. As part of the new campaign, the Company plans to conduct weekly shareholder update Webcasts. A link to the Webcast is scheduled to be posted to the corporate website homepage upon release.

CFO Reviews Record $1.8 Million in Net Income on $30 Million in Revenue for the Nine Months Ending September 30, 2009.

China Crescent released a Webcast this week conducted by the Company CFO Mr. Philip Rauch to review the Company's recently filed third quarter 2009 financial results. The Company reported $30 million in revenue through the first nine months of the year, ending September 30, 2009 and record net income of $1.8 million compared to $517k in net income for the same period in 2008. The Company has forecasted profitable revenue growth in 2009 compared to 2008. The Company reported over $40 million in profitable revenue in 2008.

A link to the on-demand Webcast is available on the corporate website under Recent Webcasts titled 'China Crescent 3rd Quarter Review.'

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About China Crescent Enterprises, Inc. (

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. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Dallas with operations in Shanghai and Beijing, China Crescent bridges the gap between Western and Eastern business cultures to assist Western clients in realizing the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists Western 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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