SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

February 19, 2010 11:05 ET

Alternet's Mobile Commerce Service to Be Highlighted at China Crescent Enterprises, Inc. Sales Conference in Presentation by Former Chairman of Federal Reserve Bank of Dallas

China Crescent Board Member and Former Federal Reserve Bank of Dallas Chairman H.G. Robinson to Provide Closing Comments

DALLAS, TX--(Marketwire - February 19, 2010) - China Crescent Enterprises, Inc. (OTCBB: CCTR) board member Ret. Major General Hugh G. Robinson is scheduled to provide the closing presentation for the Company's upcoming Pacific Rim sales conference. Hugh Robinson is also the newly appointed Chief Executive Officer of Nova Energy, Inc. (OTCBB: NVAE). Nova is updating and expanding its business plan to diversify into multiple early stage infrastructure-focused business opportunities specific to the East African economy. In his closing remarks, Robinson is expected to present on his expectations for mobile commerce (M-commerce) in East Africa including the opportunity for M-commerce partnerships between Africa and China and the role Alternet Systems, Inc. (OTCBB: ALYI) could play with China Crescent in facilitating the Africa and China connection.

The conference is scheduled for the week of March 8, 2010 at the Le Royal Meridien hotel in Shanghai, China and will feature China Crescent's key product offerings from technology reseller partners such as Hewlett-Packard and Lenovo. 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 and has recently expanded its business line to include original design manufacturing (ODM).

Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a retired Major General with a distinguished career serving in the United States Army. Among other prestigious posts, Mr. Robinson served as President Lyndon Johnson's military aide de camp. In addition to his public service experience, Mr. Robinson's career has included extensive executive management experience with senior positions at Southland Corporation and City Place Development Corporation. He is a graduate of the United States Military Academy at West Point and earned a Masters Degree in Civil Engineering from the Massachusetts Institute of Technology (MIT). Mr. Robinson also currently serves on the board of Carmax, Inc., the LBJ Foundation and the Better Business Bureau.

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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 16 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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