SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

October 25, 2010 09:00 ET

(CCTR) China Crescent's Greenfield Program Successes and $100 Million 2010 Revenue Objective Featured in 'United Nations Benchmark' Webcast

DALLAS, TX--(Marketwire - October 25, 2010) -  China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced the Company's $100 million 2010 revenue objective and successes to-date from participating in the Greenfield Partnership Program and has been featured in a Greenfield Webcast released Friday. The Webcast is currently available for review at titled 'NewMarket Greenfield Program United Nations Benchmark Webcast.'

The Webcast reviews Greenfield program participant companies, the Trade Mission to East Africa currently underway and the recently announced pilot program for the United Nations International Strategy for Disaster Reduction (UNISDR). The Webcast also discusses reasons for founding the Greenfield program and its accomplishments to-date, the current state of small business capital formation in the U.S. and globally, the mission of the Greenfield program and the tentative Trade Mission program for 2011. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.

UNISDR and East African Trade Mission

The United Nations International Strategy for Disaster Reduction (UNISDR) has joined the Trade Mission currently underway in Nairobi, Kenya for a pilot program intended to urge private sector innovation and investment aimed at reducing disaster risk.

To learn more about the Private Sector Disaster Reduction Pilot Program announced recently, click on the link:

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About China Crescent Enterprises, Inc. (

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

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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