SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

September 01, 2009 09:31 ET

China Crescent Enterprises, Inc. Presents East Africa Expansion Plan in On-Demand Webcast and Extends Invitation for Upcoming Trade Mission to Kenya

DALLAS, TX--(Marketwire - September 1, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) has released an exclusive Webcast discussing the Company's planned expansion into Africa and upcoming trade mission to Kenya. China Crescent recently reported record profits of $1.1 million in net income and $17 million in revenue for the first six months of 2009. The Company has forecasted profitable revenue growth in 2009 compared to 2008 in which the Company reported over $40 million in profitable revenue.

China Crescent Expansion into Africa

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.

Corporate Webcast Scheduled for Tomorrow, September 2nd

China Crescent is also scheduled to release a corporate update Webcast tomorrow, September 2nd. The Webcast is scheduled to review the Company's $50 million profitable revenue forecast, recent Hong Kong contract and $30 million in new business. A link to the Webcast will be available on the Company's website www.chinacrescent.com.

Africa Webcast Released Today

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

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.

Contact Information