SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

June 18, 2009 09:42 ET

China Crescent Enterprises, Inc. Looks to Increase Percentage of $40 Million in Annual Revenue From Exports With Introduction of Satellite News Gathering Vehicles

DALLAS, TX--(Marketwire - June 18, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) continues to work toward expanding the Company's $40 million in profitable revenue through growing its percentage of revenue from sales outside of China. The Company is concentrating on foreign sales as part of a strategy to increase operating margins. Today, the majority of China Crescent's sales are derived from the sale of products and services within China. China Crescent's existing resources within China can potentially support higher gross margin sales outside of China.

The Satellite News Gathering Vehicle (SNG Vehicle) is manufactured by Gaozhi, headquartered in Shanghai. The mobile digital signal satellite solution is assembled in China. With the lower labor rates and new tax laws, the mobile digital signal solution is a cost effective solution.

Gaozhi and China Crescent have partnered on numerous past projects and are collaborating again to expand the sale of Gaozhi's mobile digital signal satellite solution worldwide. Gaozhi currently has approximately $100 million in annual sales and specializes in manufacturing innovative telecommunication products and providing telecommunication services. Gaozhi's offerings include IPTV set top boxes, customer specific satellite downlink services, and customer specific private network management. Gaozhi customers include Chinese police forces and the Shanghai Stock Exchange.

The SNG Vehicle is a timely offering to support a growing worldwide demand driven by the globally increasing number of TV channels and the corresponding demand for late breaking onsite news. The SNG Vehicle is also a key asset necessary for the growing number of mobile network providers to provide routine and emergency network maintenance. SNG Vehicles are being used more and more frequently by police and defense forces in rapid response and onetime event security scenarios.

China Crescent, through its family of sister operations, has sales operations in North and South America as well as East Africa. The Company is also prepared to deploy set up, training and maintenance teams throughout the world.

For more information on the mobile digital signal satellite solution, please contact China Crescent at sales@chinacrescent.com or 214-722-3040.

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.

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