SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

September 02, 2009 09:00 ET

China Crescent Enterprises, Inc. Forecasts $50 Million in Revenue and Anticipates Record Profit in 2009

Webcast Detailing Forecast and Profit Now Available on Corporate Website

DALLAS, TX--(Marketwire - September 2, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) has forecasted $50 million in profitable revenue for 2009 based on the Company's success year-to-date with larger, longer-term contracts. For the first six months of the year, China Crescent reported record profits of $1.1 million in net income and $17 million in revenue. Last year, the Company reported over $40 million in profitable revenue. The Webcast further discusses recent events such as its planned expansion into the emerging markets of East Africa, its recent partnership with NuMobile, a smartphone and mobility software company, its recent Hong Kong contract and $30 million in new business.

A link to today's Webcast titled 'China Crescent $50 Million Forecast Webcast' is now available on the Company's corporate website under Recent Webcasts at www.chinacrescent.com.

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To sign up to receive company updates or to obtain more information on the Company, please visit www.chinacrescent.com.

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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