SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

March 15, 2010 10:27 ET

China Crescent (CCTR) Short Squeeze PPS Increase Potential Continues With Recent $0.0289 PPS on High Trading Volume Compared to Recent $0.0138

DALLAS, TX--(Marketwire - March 15, 2010) - China Crescent Enterprises, Inc. (OTCBB: CCTR) announced today that the Company remains listed on the Regulation SHO "threshold security" list. The current listing initiated on March 8, 2010. SEC Regulation SHO targets abusive naked short selling by reducing failure to deliver securities and by limiting the time in which a broker can permit failures to deliver. Management anticipates possible buy-in pressure, in conjunction with the listing, could result in an increased price per share (PPS). China Crescent's PPS recently reached a high 100% above the current share price. On February 24th, the PPS reached $0.0289 on high trading volume compared to the most recent close at $0.0138.

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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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