SOURCE: China Crescent Enterprises, Inc.

September 09, 2008 10:15 ET

China Crescent Management Invited to Participate in Round Table at "Summit on the Industrial Transformation of Zhu Jian Delta"

DALLAS, TX--(Marketwire - September 9, 2008) - China Crescent Enterprises, Inc. (OTCBB: CCSE) today announced Larry Wu, VP of Business Development, and Philip Verges, Board Member, are invited to participate in a round table discussion on small business financing at the "Summit on the Industrial Transformation of Zhu Jian Delta" on September 22, 2008 in Dongguan, China. Mr. Wu and Mr. Verges will join Mr. Tang Min, Chief Economist of the Chinese Branch of the Asian Development Bank, Mr. Liu Yihui, Head of Financing Laboratory for the Chinese Academy of Social Sciences, and Ms. Ye Tan, the Chief Commentator of the National Business Daily. Additionally, both Mr. Wu and Mr. Verges will be giving individual presentations on global small business financing during the two-day summit.

About the "Summit on the Industrial Transformation of Zhu Jian Delta"

The "Summit on the Industrial Transformation of Zhu Jian Delta" will take place September 22-23, 2008 in Dongguan, China. The Zhu Jian Delta, otherwise known as the Pearl River Delta, is located in the south of mainland China just north of Hong Kong. Dongguan is one of the biggest manufacturing centers in China, ranking #3 among Chinese cities in foreign trade. Dongguan is located just outside Shenzhen. Due to its close proximity to Hong Kong, Shenzhen has been operating under a free enterprise system for the past 20 years, as one of China's first "special economic zones." The summit will provide China Crescent the opportunity to reach hundreds of businesses at once, as the Company looks to expand both its service offerings and its operations in China to areas throughout the region.

China Crescent provides hardware and software technology products and services in China. To date, management has concentrated on establishing a base of recurring customers and the infrastructure to support long-term sustainable growth. The Company's operations have grown significantly, reporting $29.5 million in 2006 revenue and $40 million in 2007 revenue with $437,824 in net income and $909,771 in comprehensive income. China Crescent has forecasted $50 million in revenue for 2008.

Corporate E-mail Updates

To be added to China Crescent's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@chinacrescent.com or call 214-722-3065.

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

China Crescent Enterprises, Inc. 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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