SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

March 11, 2010 09:00 ET

China Crescent Enterprises, Inc. Concludes Shanghai Conference With Tribute to the Late Major General Hugh G. Robinson

DALLAS, TX--(Marketwire - March 11, 2010) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today released an on-demand Webcast presentation to summarize the highlights of the Shanghai Sales Conference that concluded today. The conference was organized to provide China Crescent technology partners with the latest information on sales programs and opportunities in China. China Crescent partners participating in the conference include NuMobile, Inc (OTCBB: NUBL), Alternet Systems, Inc. (OTCBB: ALYI) and Nova Energy, Inc. (OTCBB: NVAE).

Major General Hugh G. Robinson was scheduled to provide the closing comments at the conference. However, Major General Robinson died last week at his home in Desoto, Texas. To honor his contributions to China Crescent and to the partners attending the conference, the conference hosted a tribute to Major General Hugh G. Robinson and the Webcast today also includes a tribute.

Major General Hugh G. Robinson

Retiring from the United States Military with the rank of Major General, Mr. Robinson was also a former chairman and board member of the Federal Reserve Bank of Dallas. Mr. Robinson also served as a member of the Board of Directors of China Crescent, NewMarket Technology, Inc., CarMax, Inc., Aleris International, Inc. and a member of the Advisory Board of TXU Corp. Additionally, Mr. Robinson served on the Board of Directors of the North Texas Public Broadcasting Co., Inc., the LBJ Foundation, Inc., and the Better Business Bureau. He was a member of the Dallas Citizens Council, the National Society of Professional Engineers, the Greater Dallas Chamber and the Dallas Black Chamber. A graduate of the U.S. Military Academy at West Point, Mr. Robinson also earned a Master's Degree in Civil Engineering at Massachusetts Institute of Technology (MIT). In addition, he received an honorary Doctor of Law degree from Williams College and attended the Harvard Management Program for Executives. Mr. Robinson's military career included a number of prestigious posts that included aide de camp to President Lyndon B. Johnson. After retiring from the military, Robinson joined the Southland Corporation as vice president and president of Cityplace Development Corporation, a subsidiary of Southland. From 1989 through 2002, Mr. Robinson served as Chairman and Chief Executive Officer of The Tetra Group, Inc., a Dallas construction management company with divisions in Minority Business Development and affordable housing.

China Crescent Conference Webcast

A link to the Webcast titled 'China Crescent Shanghai Sales Conference Webcast' is now available under Recent Webcasts on the China Crescent corporate website at www.chinacrescent.com. A direct link to the Webcast is http://www.chinacrescent.com/wcsc_20100311.htm.

About Alternet Systems Inc. (www.alternetsystems.com)

Alternet Systems Inc. (OTCBB: ALYI), a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 17 countries throughout the region through a network of fulfillment partners and agents. Alternet's subsidiaries provide a comprehensive suite of hosted and Software as a Service (SaaS) applications for the Utility, Transportation, Financial, and Telecommunication, and Retail industries. Alternet subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd., the leading provider of mobile payment and financial transaction software and Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services.

About Nova Energy, Inc. (www.novaei.com)

Nova Energy, Inc. has launched an updated corporate strategy to pursue several business lines in the growing economy of East Africa, initially in Kenya. Nova has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. Nova Energy has also launched a communications and awareness campaign. The Company is quoted on the OTCBB and files its periodic reports. The Company is also dually quoted on the Pinksheets under NVAE.

About NuMobile, Inc. (www.numobileinc.com)

NuMobile is building a portfolio of security and software solutions for the global mobile computing and smartphone market. Through a roll-up strategy, NuMobile plans to acquire and develop mobile computing solutions for a variety of applications, including mobile banking, for the global marketplace. The demand for mobile security and software applications is being driven in large part by the growing number of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. Already in North America, the Company has also forged a partnership in the Chinese market and is developing a plan for the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company listed on the Over-the-Counter Bulletin Board.

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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