SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

April 19, 2011 09:00 ET

(CCTR) China Crescent Enterprises, Inc. Reports $78 Million in Annual Revenue With $4.2 Million Net Income for 2010

DALLAS, TX--(Marketwire - Apr 19, 2011) - China Crescent Enterprises, Inc. (PINKSHEETS: CCTR) (OTCQB: CCTR) today announced the Company has filed its 2010 annual report on Form 10-K. The Company reported $78.2 million in revenue and $4.2 million in net income for 2010, up from $45.6 million in revenue and $2.2 million in net income reported in 2009. China Crescent has scheduled a management Webcast for release Thursday, April 21st to review the annual results and a link to the Webcast will be posted to the corporate website, www.chinacrescent.com, and emailed to corporate email subscribers upon release. To review the annual report in its entirety, or any of the Company's filings, visit the Investor Relations section of the corporate website at www.chinacrescent.com for a link to all Company filings.

Recent Letter to Shareholders and Re-Focus on Systems Integration

China Crescent's parent company, NewMarket Technology recently released a letter to shareholders and a Webcast from NewMarket's CEO Bruce Noller reviewing the two companies' plans to re-focus on the information technology market. The technology services provided by NewMarket and China Crescent have in previous years been more diverse, but the Companies are now re-focusing on systems integration. The recent letter and Webcast are available on the NewMarket corporate website for review at www.newmarkettechnology.com under 'Investor Relations'.

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

China Crescent (PINKSHEETS: CCTR) (OTCQB: CCTR) 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, Cisco, IBM, HP and Dell. Following a strategic acquisition in 2009, the Company expanded its business line to include original design manufacturing (ODM). Headquartered in Dallas with operations in China, China Crescent reported $45 million in profitable revenue in 2009 after reporting over $40 million in revenue for both 2007 and 2008.

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