N@N

China Crescent Enterprises, Inc.: China Crescent Enterprises, Inc. Announces Share Price up 30% on Increased Volume at Midday

_{//science-technology.news-articles.net/content/2 .. e-price-up-30-on-increased-volume-at-midday.html}
^{Published in Science and Technology on Friday, May 15th 2009 at 10:10 GMT, Last Modified on 2009-05-15 10:12:02 by Market Wire}  

DALLAS, TX--(Marketwire - May 15, 2009) - China Crescent Enterprises, Inc. (OTCBB: [ CCTR ]) share price is up over 30% as of midday on higher than usual trading volume. Earlier this week, the Company's corporate ticker symbol changed from (OTCBB: [ CCSE ]) to "CCTR" in conjunction with a previously announced strategy to establish price per share (PPS) traction.

The Company has released a Webcast on its PPS growth strategy and recent ticker symbol change. A link to the Webcast titled 'China Crescent CCTR Ticker and PPS Growth (May 13, 2009)' is available on the Company website under Current Events and Communications at: [ http://www.newmarkettechnology.com/about-newmarket-china.htm ]. For assistance accessing or listening to the Webcast, please email [ ir@chinacrescent.com ] or call 214-722-3065.

Earlier today the Company announced being listed on the Regulation SHO "threshold security" list yesterday May 14, 2009 (link: [ http://www.nasdaqtrader.com/trader.aspx?id=RegSHOThreshold ]). Management anticipates a possible buy-in that could result in an increased share price. As defined in Rule 203(c)(6) of Regulation SHO, a "threshold security" is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days:

 -- There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security; -- The level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding; and -- The security is included on a list published by a self-regulatory organization (SRO). 

A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days. The Company will be available to answer questions regarding CCTR's listing on the Regulation SHO list and questions regarding possible short sales and buy-ins to cover possible short sales.

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. 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.