SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

August 31, 2009 10:01 ET

China Crescent Enterprises, Inc. Reports Record Profits With Expected Expansion and Growth Highlighted in Back-to-Back Webcasts Tomorrow and Wednesday

DALLAS, TX--(Marketwire - August 31, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) 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.

This week, the Company has scheduled two on-demand corporate Webcasts. The first, scheduled for Tuesday, September 1, will present the Company's recently announced plans for expansion into Africa, including a planned trade mission to Kenya. The second Webcast, scheduled for Wednesday, September 2 is scheduled to review the Company's $50 million profitable revenue forecast, recent Hong Kong contract and $30 million in new business. Links to the Webcasts will be available on their scheduled release dates on the Company's website www.chinacrescent.com.

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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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