SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

October 06, 2009 13:00 ET

China Crescent Enterprises, Inc. and NuMobile, Inc. Key Personnel in Kenya to Prepare for Africa Trade Mission and Kickoff of Regional Operations With Anticipated Rapid Organic Growth

DALLAS, TX--(Marketwire - October 6, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) and NuMobile, Inc. (OTCBB: NUBL) have entered into a partnership to combine NuMobile's smartphone and mobile computing technology solutions with China Crescent's systems integration expansion into East Africa in the launch of WiMax services in Africa. This week, the Companies are in Nairobi, Kenya to kickoff regional operations and to prepare for the previously announced Trade Mission to Kenya.

$40 Million Systems Integrator in Chinese Market with East Africa Expansion Plans

China Crescent is a systems integration service provider in China that sells and services brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell in addition to selling and servicing innovative new technologies. China Crescent recently reported record net income of $1.1 million through the first six months of 2009 on $17 million in revenue. The Company reported over $40 million in revenue in both 2007 and 2008 and has forecasted reporting $50 million in profitable revenue in 2009. China Crescent recently announced an exclusive partnership with NuMobile to sell and service NuMobile's smartphone and mobile computing solutions in China and to jointly pursue opportunities in East Africa.

$20 Million Sales Pipeline for Smartphone and Mobility Computing Solutions

NuMobile is a young smartphone and mobile computing software company growing through a roll-up strategy to build a portfolio of mobile software solutions. As a result of existing acquisitions, NuMobile anticipates signing is first substantial contract before the end of 2009 for an estimated $20 million and $8 million gross margin.

Technology and Communications Opportunities in East Africa

Broadband adoption in Africa is expected to experience 28% growth annually through 2013 as undersea cables come online. Kenya has one submarine cable in place with two additional cables expected by 2011. The expanded capacity for broadband in Africa is expected to reduce costs by nearly 75%, making broadband affordable to end-users. Africa's current broadband system relies heavily on satellite for broadband communication, which typically costs about 20 times more than broadband offerings in the U.S. A recent report by Pyramid Research stated, "By early 2011, we expect that more than half of all African markets will have 3G, while broadband coverage is increasing daily via both wireless and wireline technologies."

Beacon Equity Features China Crescent's Focus on Africa

China Crescent's focus on Africa was recently featured in an investment report on the Company issued by Beacon Equity on September 8, 2009.

Excerpt from Beacon Equity Report on China Crescent's Africa Business Plan

"Africa, in particular, is an important strategic area of the world because of its potential for significant raw materials trade with China's resources-needy manufacturing base. Major investment and infrastructure commitments in the region are in-place and growing, allowing the Company to increase revenue as a supplier of lower-cost, value-added technologies."

To read the entire report visit: http://www.beaconequity.com/i/CCTR.

BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. Beacon provides investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Corporate E-mail Updates

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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 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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