SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

September 09, 2009 10:12 ET

Former Dallas Federal Reserve Chairman Hugh G. Robinson to Host China Crescent Enterprises, Inc. Presentation Thursday, September 24th

DALLAS, TX--(Marketwire - September 9, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to present on its business, corporate growth strategies and opportunities in China, Thursday, September 24th in Dallas, Texas. Major General Hugh G. Robinson is scheduled to host the presentation. Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a retired Major General with a distinguished career serving in the United States Army. Among other prestigious posts, Mr. Robinson served as President Lyndon Johnson's military aide de camp. In addition to his public service experience, Mr. Robinson's career has included extensive executive management experience with senior positions at Southland Corporation and City Place Development Corporation. He is a graduate of the United States Military Academy at West Point and earned a Masters Degree in Civil Engineering from the Massachusetts Institute of Technology (MIT). Mr. Robinson currently serves on the board of Carmax, Inc., the LBJ Foundation and the Better Business Bureau.

China Crescent is a technology systems integrator and value added reseller (VAR) of major global technology brands in the rapidly developing Chinese domestic market. The Company has grown to over $40 million in annual revenue within the Chinese market and has expansion plans for Southeast Asia and East Africa where technology demands are on the rise. China Crescent reported $17 million in revenue and an over 200% net income increase to $1.1 million through the first six months of 2009. The Company has forecasted profitable revenue growth to $50 million in 2009. The Company's sales are historically seasonal, increasing throughout the year and usually reporting the largest sales and profits in the 4th quarter.

A reservation is required to attend the presentation. Those interested in attending the presentation should email info@chinacrescent.com with name and contact information to reserve a space.

Strategic Corporate Update Webcast

Yesterday, China Crescent released a strategic corporate Webcast on the Company's website www.chinacrescent.com titled 'China Crescent Post Labor Day Update Webcast.'

The Webcast provides an update of the Company's $0.30 suggested fair value target price per share and includes a review of the $50 million revenue goal based on a sales driven revenue and profit growth strategy that has resulted in a record profit year-to-date. The Webcast also features the Company's recently introduced communication technology offerings to include the Satellite News Gathering Vehicle (SNG Vehicle) and software solutions for smartphones and mobile computing.

Corporate E-mail Updates

To sign up to receive company updates or to obtain more information on the Company, please visit www.chinacrescent.com.

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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