October 08, 2009 09:00 ET

China Crescent Enterprises, Inc.'s $40 Million Business With Sights on $500 Million Endorsed by Former Dallas Federal Reserve Chief and Presidential Staff Member Hugh Robinson

DALLAS, TX--(Marketwire - October 8, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today released a statement from Hugh G. Robinson. Mr. Robinson is the former Chairman of the Dallas Federal Reserve, a Retired Major General of the United States Army, a past White House Staff member under President Lyndon Johnson and a more recent adviser to current political figures. Mr. Robinson is a member of the board of directors of China Crescent's majority shareholder and a regular spokesman and advocate for China Crescent. He has played a key role in China Crescent's growth and the Company's expansion into emerging markets around the world. Mr. Robinson's comments are made in conjunction with China Crescent's upcoming trade mission to Kenya and plans to open operations in East Africa.

"I applaud China Crescent's business development in Africa," said Mr. Robinson. "In today's world, it is economic suppression, not political suppression, that imposes the greatest limitation on personal liberty. I believe the recognition and corresponding growth of a global small business economy will be the root of the next great social evolution and advance. The best high growth investments today are often outside of the United States in the world's emerging markets. Investments in emerging markets not only stand to deliver some of the best high growth returns, but at the same time, emerging market investments also marry capitalism and social responsibility by bringing much needed investment dollars to regions where such investments can meaningfully reduce poverty."

Mr. Robinson is joining China Crescent's trade mission to Kenya later this month.

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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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