(CCTR) China Crescent to Present Developing Milestones and PPS Performance Triggers

DALLAS, TX--(Marketwire - July 29, 2010) -  China Crescent Enterprises, Inc. (OTCBB: CCTR) has scheduled a Webcast for tomorrow, July 30 to present an overview of potential milestone developments and price per share (PPS) performance triggers. The Webcast presentation will also review the recent Prime Equity Research 'Speculative Buy' rating and $0.0516 target PPS in addition to providing an update on the Company's progress toward its $100 million annual revenue objective. Lastly, the Webcast will also include more detail on a recently announced proprietary GPS tracking solution contract, in addition to providing additional updates on further pending contracts and acquisitions. A link to the Webcast will be posted to the corporate website www.chinacrescent.com upon release.

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About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent is a systems integration service provider that markets technology outsourcing services in China including the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. Following a strategic acquisition last year, the Company expanded its business line to include original design manufacturing (ODM). China Crescent reported $45 million in profitable revenue in 2009 after reporting over $40 million in revenue for both 2007 and 2008 and has set a goal of reaching $100 million in revenue in 2010.

Headquartered in Dallas with operations in Shanghai, Shenzhen, Dalian and Beijing, China Crescent bridges the gap between global business cultures to assist clients worldwide realize the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists 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
214-722-3060