SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

November 16, 2009 09:27 ET

China Crescent Enterprises, Inc. to Review Revenue Growth and Record Net Income in 3rd Quarter Financial Report Webcast on Friday, November 20th

DALLAS, TX--(Marketwire - November 16, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) plans to release an on-demand Webcast on Friday, November 20th to review the Company's 3rd quarter financial report. The review will be conducted by the Company CFO, Mr. Philip Rauch. Management plans to make the Company's auditor-reviewed financial statement through the 3rd quarter of 2009 available for public review prior to the scheduled Webcast. Management indicates the report will demonstrate a continuation of the record net income results reported through the 2nd quarter, in addition to strong revenue growth. Questions regarding the 3rd quarter financial report can be emailed to ir@chinacrescent.com prior to the Webcast. A link to the Webcast is scheduled to be posted to the corporate website homepage www.chinacrescent.com upon release on Friday, November 20th.

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About China Crescent Enterprises, Inc. (www.chinacrescent.com)

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.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

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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