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,, 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 under 'Investor Relations'.

About China Crescent Enterprises, Inc. (

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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