China Crescent Enterprises, Inc. Announces 2nd Quarter Preview Webcast to Review YTD Steady Sales Progress, Overall Anticipated Growth in 2009 and Potential for Rapid Growth Through End of Year

DALLAS, TX--(Marketwire - June 23, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced that the Company has scheduled a Webcast for Friday, June 26, 2009. The Webcast is scheduled to preview the Company's 2nd quarter results and review year-to-date sales progress. Additionally, the Webcast will discuss the Company's anticipated growth in 2009 to include the potential for rapid growth during the remainder of the year.

China Crescent recently announced a three-year outsourcing services agreement that is expected to add approximately $30 million in revenue over the length of the contract to China Crescent's more than $40 million in existing profitable annual sales. Additionally, the Company has announced efforts to grow its percentage of revenue from sales outside of China with the introduction of satellite news gathering vehicles and announced a security software and service offering for the Chinese mobile service provider market.

A link to the Webcast will be available on the Company's website Friday.

Corporate E-mail Updates

To be added to China Crescent's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@chinacrescent.com or call 214-722-3065.

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

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.

"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.

Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3065