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China Crescent Enterprises, Inc.: Reuters Investment Profile Report and American Bulls 'Buy' Recommendation on China Crescent E

^{Published on 2009-09-23 11:38:21 - Market Wire}
 

DALLAS, TX--(Marketwire - September 23, 2009) - China Crescent Enterprises, Inc. (OTCBB: [ CCTR ]) today announced a Webcast scheduled for Tuesday, September 29th to issue an update on the Company's ongoing strategy to align share price and fundamental financial performance. The Webcast will include a review of the 'buy' recommendation issued yesterday by American Bulls ([ www.americanbulls.com ]) and the investment profile published by Reuters ([ www.reuters.com ]) on September 20, 2009. The Company has previously discussed a $0.30 suggested fair value target price per share in earlier Webcast presentations.

Lunch Presentation in Dallas This Thursday at 12 pm CDT

China Crescent is scheduled to conduct a complimentary lunchtime presentation on its business and corporate growth strategies in Dallas, Texas this Thursday, September 24th at 12 pm CDT. Any interested clients, vendors, or shareholders are invited to attend. A reservation is required and those interested in attending the presentation should call 214-722-3060 or email [ info@chinacrescent.com ] with name and contact information to reserve a space by Wednesday 5pm CDT.

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. ([ 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.