SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

March 10, 2010 11:09 ET

Alternet Systems, Inc. Presents Mobile Commerce Strategy at China Crescent Enterprises, Inc. Conference in Shanghai

DALLAS, TX--(Marketwire - March 10, 2010) -  China Crescent Enterprises, Inc. (OTCBB: CCTR) is conducting its 2010 inaugural sales conference this week in Shanghai. The conference has been organized to provide China Crescent technology partners with the latest information on sales programs and opportunities in China and forge mutually beneficial partnerships in the Chinese marketplace between high-tech entrepreneurial companies. At the conference today, Alternet Systems, Inc. (OTCBB: ALYI) presented its 2010 global mobile commerce strategy, services and products for the financial, telecommunications, money remittance, mass consumer and governments. For more information on Alternet's mobile commerce strategy, see the Company's recent CEO letter to shareholders detailing its business plans and providing a five year financial outlook: http://www.marketwire.com/press-release/Alternet-Systems-Inc-Releases-Letter-Shareholders-on-Five-Year-Plan-Reach-75-Million-1116533.htm

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About Alternet Systems Inc. (www.alternetsystems.com)

Alternet Systems Inc. (OTCBB: ALYI), a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 17 countries throughout the region through a network of fulfillment partners and agents. Alternet's subsidiaries provide a comprehensive suite of hosted and Software as a Service (SaaS) applications for the Utility, Transportation, Financial, and Telecommunication, and Retail industries. Alternet subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd., the leading provider of mobile payment and financial transaction software and Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services.

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

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.

"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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