SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

September 24, 2009 14:15 ET

At Lunchtime Dallas Presentation, China Crescent Enterprises, Inc. Announced Plans to Increase 2009 Forecast Following Anticipated Record Results in 3rd Qtr. Financial Report

DALLAS, TX--(Marketwire - September 24, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today, at a lunchtime presentation in Dallas, announced plans to increase the Company's 2009 revenue forecast following the completion of its upcoming 3rd quarter financial report. The Company reported $17 million in revenue and a record net income of $1.1 million for the first six months of 2009. Net Income increased over 200% from the same period the previous year. With $45 million in recently announced outsourcing contracts or pending contracts, the Company is on track to achieve or exceed its forecasted $50 million in profitable revenue for 2009. China Crescent anticipates reporting record results for the third quarter following a $30 million contract going into service within the third quarter.

Lunch Presentation in Dallas Today

China Crescent conducted a complimentary lunchtime presentation on its business and corporate growth strategies in Dallas, Texas today at 12 pm CDT. An overview of the presentation will be included in a press release tomorrow.

Corporate E-mail Updates

To sign up to receive company updates or to obtain more information on the Company, please visit

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.

Contact Information