SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

April 12, 2011 11:15 ET

China Crescent Enterprises, Inc. to Review 2010 Annual Report in Webcast Thursday, April 21st

DALLAS, TX--(Marketwire - Apr 12, 2011) - China Crescent Enterprises, Inc. (OTCQB: CCTR) (PINKSHEETS: CCTR) today announced the Company plans to review its 2010 annual report in a Webcast scheduled for release next Thursday, April 21st. China Crescent reported $50.9 million in revenue with $3.3 million in net income for the first three quarters of 2010. In 2009, China Crescent reported $45.6 million in annual revenue with $2.2 million in net income. A link to the Webcast will be posted to China Crescent's corporate website, www.chinacrescent.com, and emailed to corporate email subscribers upon release.

Recent Letter to Shareholders and Re-Focus on Systems Integration

China Crescent's parent company, NewMarket Technology recently released a letter to shareholders and a Webcast from CEO Bruce Noller reviewing the two companies' plans to re-focus on the information technology market. The technology services provided by NewMarket and China Crescent have in previous years been more diverse, but the Companies are now re-focusing on systems integration. The recent letter and Webcast are available on the NewMarket corporate website for review at www.newmarkettechnology.com under 'Investor Relations'.

About China Crescent Enterprises, Inc. (www.chinacrescent.com)

China Crescent (PINKSHEETS: CCTR) (OTCQB: CCTR) 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, Cisco, IBM, HP and Dell. Following a strategic acquisition in 2009, the Company expanded its business line to include original design manufacturing (ODM). Headquartered in Dallas with operations in China, China Crescent reported $45 million in profitable revenue in 2009 after reporting over $40 million in revenue for both 2007 and 2008.

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