SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

August 17, 2009 09:00 ET

China Crescent Enterprises, Inc. to Review 2nd Quarter Financial Performance and Approximate $1 Million Favorable Net Income Event in Webcast Friday, August 21st

DALLAS, TX--(Marketwire - August 17, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to review the Company's second quarter 2009 financial performance in an on-demand Webcast Friday, August 21. The Company plans to release its second quarter financial report on Wednesday, August 19. Management expects the report to include approximately $1 million in net income. China Crescent reported approximately $500,000 in net income during the two previous fiscal years. Accordingly, a quarterly net income of approximately $1 million would represent a substantial milestone in the Company's overall development.

A link to the upcoming Webcast will be available Friday, August 21, 2009 on the Company's corporate website www.chinacrescent.com.

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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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