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China Crescent Enterprises, Inc.: China Crescent Enterprises, Inc. Launches Technology Outsourcing Anticipated to Bolster Reven

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^{Published in Science and Technology on Tuesday, May 19th 2009 at 10:07 GMT, Last Modified on 2009-11-02 12:33:31 by Market Wire}  

DALLAS, TX--(Marketwire - May 19, 2009) - China Crescent Enterprises, Inc. (OTCBB: [ CCTR ]) today announced the on-demand Webcast scheduled for Friday, May 22nd to review the Company's profitable first quarter 2009 financial results will include an overview of the Company's new Technology Outsourcing service. The overview will include highlights of the Company's first anticipated outsourcing contract. The outsourcing service, starting with the first anticipated contract, is expected to bolster revenue and profit growth beginning in 2009. The Company reported over $40 million in revenue for fiscal year 2008 with more than $600,000 in net income.

The Webcast will be available for viewing on-demand. A link for accessing the Webcast will be available on the Company's corporate website on May 22nd.

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. ([ 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.