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.

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.