SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

June 25, 2009 09:00 ET

China Crescent Enterprises, Inc. to Preview 2nd Qtr. Anticipated Increased Earnings per Share in Webcast Scheduled Friday, June 26

DALLAS, TX--(Marketwire - June 25, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced that the Company will include a preview of its anticipated increase in earnings per share in 2nd quarter results in the upcoming Webcast scheduled for Friday, June 26, 2009. The Webcast has been scheduled to provide a preview of anticipated 2nd quarter results. Additionally, the Webcast will include a review of the Company's new outsourcing services offering. A link to the Webcast will be available on the Company's website Friday.

Recent Letter to Shareholders

China Crescent recently released a letter to shareholders from the Company CFO, Philip J. Rauch. The letter discussed the Company's potential to increase earnings per share. The letter to shareholders is available here:

Outsourcing Services

The new outsourcing services offering is part of the Company's overall strategy to increase margins and the percentage of its overall revenue generated from recurring contracts. Recently, China Crescent announced a $30 million, three-year outsourcing services agreement. The $30 million in contract revenue is expected to be earned over the three-year contract period. Because of the size of the agreement in relation to the Company's over $40 million in 2008 revenue, the Company filed a Form 8-K on the material agreement.

Outsourcing Strategy Webcast

China Crescent previously released an on-demand Webcast to present the Company's new outsourcing services strategy and the new services' benefits to customers, the Company and shareholders.

A link to the Webcast titled 'China Crescent Outsourcing Services Strategy Webcast (June 2, 2009)' is available on the Company's website under Webcasts at:

Corporate E-mail Updates

To be added to China Crescent's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to or call 214-722-3065.

About China Crescent Enterprises, Inc. (

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.


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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