China Crescent Enterprises, Inc. Schedules Webcast for March 27th to Preview Upcoming 2008 Annual Financial Report

DALLAS, TX--(Marketwire - March 24, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCSE) today announced a webcast scheduled for Friday, March 27, 2009 to preview the upcoming 2008 financial report due March 31, 2009. In 2007, the Company's annual revenue was $40 million with a net income of $400 thousand. As an indicator of the upcoming 2008 annual report, the Company's trailing 12 months revenue as of September 2008 was approximately $42 million with a net income of about $900,000. Additionally, management is scheduled to report on the Company's performance year-to-date and operational expectations for the remainder of 2009.

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.

Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3065