SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

August 26, 2009 15:21 ET

China Crescent Enterprises, Inc. to Present Upcoming Africa Trade Mission Open to All Interested Investors

DALLAS, TX--(Marketwire - August 26, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) has scheduled a Webcast for Tuesday, September 1, 2009, to present the plan for a trade mission open to investors interested in early stage investment opportunities in East Africa. The trade mission's itinerary includes a 10-day tour of business opportunities in Kenya. The trade mission has limited openings. To be added to the list of investors interested in joining the trade mission, please email trademission@chinacrescent.com.

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.

A link to the Webcast is scheduled to be published on Tuesday, September 1, 2009, on the corporate Website at www.chinacrescent.com.

Recently Released Financial Results

The Company recently reported $17 million in revenue and an over 200% net income increase to $1.1 million through the first six months of 2009. The Company has forecasted profitable revenue growth in 2009 compared to 2008. The first six months results beat management expectations. The Company's financial performance is ahead of the pace anticipated by management as necessary to meet year-end revenue and net income growth objectives. The Company reported over $40 million in profitable revenue in 2008.

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. (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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