SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

August 13, 2009 09:25 ET

China Crescent Enterprises, Inc. Previews Favorable 2nd Quarter Net Income Surprise in Webcast Presentation on Recent Expansion Into Africa With YTD Financial Report Card

Expected Revenue Acceleration in 2nd Half of 2009

DALLAS, TX--(Marketwire - August 13, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today released an on-demand Webcast presenting the Company's recently announced expansion into Africa. The presentation includes a review of the Company's year-to-date progress toward its financial objectives. With the second quarter financial report deadline on the near horizon, the presentation also includes a preview of a favorable second quarter net income surprise.

A link to today's Webcast titled 'Africa Webcast' (August 13, 2009)' is available on the Company's website under Webcasts at www.chinacrescent.com.

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. One cable connects to Dubai, one to India and one to South Africa. With a population of approximately 38 million people, Kenya only has approximately 3 million Internet users today. The groundwork has already been laid for a rapid increase in Internet penetration. China Crescent plans to position itself to provide the necessary products and services to facilitate and profit from the inevitable Internet usage demand growth and related government and business technology needs in Kenya.

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About China Crescent Enterprises, Inc. (http://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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