SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

February 26, 2010 09:00 ET

China Crescent Enterprises, Inc. Presents Plan to Reach $300 Million in Profitable Annual Revenue in 3 Years and Reviews PPS Potential After 'Buy' Rating on Majority Shareholder Company

DALLAS, TX--(Marketwire - February 26, 2010) -  China Crescent Enterprises, Inc. (OTCBB: CCTR) today released an exclusive on-demand Webcast to present the Company's global sales expansion plan. The Webcast includes a review of a recent analyst report on China Crescent's majority shareholder company with a 'buy' rating and how that review might indicate a potential price per share (PPS) increase opportunity for China Crescent itself.

CCTR PPS Surpasses 50-Day MA with Momentum Potential to Reach $0.04 200-Day MA

The Webcast presentation includes a discussion of over-the-counter market performance as well as recent China Crescent price per share performance in conjunction with the review of the analyst report coverage of the majority shareholder company. The discussion considers the near term PPS potential in light of the recent PPS surpassing the $0.018 50-day moving average (MA) on high volume trading.

A link to the Webcast titled 'China Crescent Global Sales & S.I. Analyst Review' is now available under Recent Webcasts on the China Crescent corporate website at

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About China Crescent Enterprises, Inc. (

China Crescent is a systems integration service provider that markets technology outsourcing services in China including the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. Following a recent strategic acquisition, the Company has expanded its business line to include original design manufacturing (ODM). China Crescent reported over $40 million in profitable revenue in 2008. The Company has reported record profits through the first 9 months of 2009 and anticipates reporting record profit in the 2009 annual report. Management has set a goal of reaching $100 million in revenue in 2010.

Headquartered in Dallas with operations in Shanghai, Shenzhen, Dalian and Beijing, China Crescent bridges the gap between global business cultures to assist clients worldwide realize the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

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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