SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

September 25, 2009 09:15 ET

China Crescent Enterprises, Inc. to Discuss $0.30 PPS Target Update and 2009 Revenue Forecast Increase in Exclusive Webcast Tuesday

DALLAS, TX--(Marketwire - September 25, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) has announced a Webcast scheduled for release on its corporate website Tuesday, September 29th. The Webcast is scheduled to provide an update on the Company's ongoing strategy to align share price and fundamental financial performance. The Company has previously discussed a $0.30 suggested fair value target price per share in earlier Webcast presentations.

Furthermore, the Webcast is slated to include more information on recently announced plans to increase the Company's 2009 revenue forecast following the completion of its upcoming 3rd quarter financial report. With $45 million in recently announced outsourcing contracts or pending contracts, the Company is on track to achieve its previously forecasted $50 million in profitable revenue for 2009. The Company has reported approximately $40 million in annual revenue for the previous two years.

Additionally, the Webcast will include a review of the 'buy' recommendation issued recently by American Bulls (www.americanbulls.com) and the investment profile published by Reuters (www.reuters.com) on September 20, 2009.

China Crescent is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market to include Lenovo and Dell. Brands the Company sells and supports also include Hewlett-Packard, IBM, Cisco, Sony, Epson, Canon and Sanyo. Additionally, the Company is an authorized reseller of operating system, database, middleware and application software from Microsoft, Red Hat, Oracle, Sybase, IBM, BEA, Veritas and others.

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About China Crescent Enterprises, Inc. (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.

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