SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

September 16, 2009 09:00 ET

China Crescent Enterprises, Inc. Management Join Former Dallas Federal Reserve Chairman to Present on Growth to $50 Million and Opportunities in China in Dallas Next Week

DALLAS, TX--(Marketwire - September 16, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to present on its business and corporate growth strategies in Dallas, Texas on Thursday, September 24th.

China Crescent Provides Brand Name Systems Integration

China Crescent is a US-based technology systems integrator and value added reseller (VAR) of major global technology brands in the rapidly developing Chinese domestic market. The Company also specializes in software engineering, software development, and digital multimedia outsourcing services delivered globally.

Updated Business Model and Resulting $30 Million Contract

After growing to over $40 million in revenue last year, the Company has focused on expansion through capturing longer-term, higher margin outsourcing service business in the region, which extends to Southeast Asia, and through taking their products and services to their next emerging market target, East Africa. Milestone successes year-to-date include a three-year, $30 million contract signed with Beijing Chuangzhitongda Technology Development. Due to the size of the agreement, the Company filed an 8k with the SEC along with the Company's other periodic financial reports.

Increased Profits in 2009

Additionally, the Company reported $17 million in revenue and a notable 200% net income increase to $1.1 million for the first six months of 2009. The Company's sales are historically seasonal with its largest sales and profits usually occurring in the 4th quarter. The Company has forecasted $50 million in profitable revenue for 2009.

Major General Hugh G. Robinson, Former Chairman of the Dallas Federal Reserve

Next week's presentation on September 24th is scheduled to be hosted by Hugh G. Robinson. Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a retired Major General with a distinguished career serving in the United States Army. Among other prestigious posts, Mr. Robinson served as President Lyndon Johnson's military aide de camp. In addition to his public service experience, Mr. Robinson's career has included extensive executive management experience with senior positions at Southland Corporation and City Place Development Corporation. He is a graduate of the United States Military Academy at West Point and earned a Masters Degree in Civil Engineering from the Massachusetts Institute of Technology (MIT). Mr. Robinson currently serves on the board of Carmax, Inc., the LBJ Foundation and the Better Business Bureau.

China Crescent's Business Opportunities in East Africa

China Crescent's presentation is scheduled to include further discussion on the Company's growth over the past few years and plans to reach $50 million in annual revenue by year end. The main purpose of the presentation will be to detail China Crescent's plans for East Africa and the recently announced Trade Mission to Kenya. China Crescent has targeted Kenya as its next foreign market expansion opportunity. China Crescent recently participated at the African Advanced Level Telecommunications Institute (AFRALTI) WiMax Conference in Nairobi in preparation to begin operations in Kenya. Kenya already has a fiber-optic cable infrastructure in place throughout the country, and three submarine cables under construction or currently coming on line.

Anyone interested in learning more about the Company is invited to attend. Those interested in attending the presentation should email info@chinacrescent.com with name and contact information to reserve a space.

Corporate E-mail Updates

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. (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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