SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

April 28, 2011 09:37 ET

(CCTR) China Crescent Releases CFO Webcast Highlighting 2010 Financial Performance With $78 Million in Revenue and $4 Million in Net Income

DALLAS, TX--(Marketwire - Apr 28, 2011) - China Crescent Enterprises, Inc. (OTCQB: CCTR) today released a Webcast from CFO Philip J. Rauch reviewing the Company's 2010 financial performance as reported recently 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. The Webcast, titled "China Crescent 2010 Annual Report Review Webcast (April 28, 2011)," is available at www.chinacrescent.com under 'Recent Webcasts.'

Recent Letter to Shareholders and Re-Focus on Systems Integration
China Crescent's parent company, NewMarket Technology, Inc. (OTCQB: NWMT), recently released a letter to shareholders and a Webcast from NewMarket 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. Additionally, NewMarket has scheduled an on-demand Webcast from CEO Bruce Noller for release tomorrow, April 29th, to present updates to the Company's business strategy for 2011.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 $78 million in revenue in 2010.

"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 or NewMarket'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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