(CCTR) China Crescent Founder Philip Verges to Review Evolving Business Plan Following Record 2009 Financial Results and Anticipated 1st Quarter Strength

DALLAS, TX--(Marketwire - May 5, 2010) -  China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced plans to release a Webcast Friday, May 7th. Earlier this year, China Crescent embarked on a major next step in the Company's ongoing development to build to a goal of achieving $100 million in profitable annual revenue for fiscal year 2010. As part of that plan, Dr. James Jiang was made the Company's new Chief Executive Officer. The plan was initiated last year when China Crescent introduced its new Outsourcing Services business line which contributed to the Company achieving a record $45 million in annual revenue for 2009 with over $2 million in net income. On Friday, Founder Philip Verges will conduct a review of the Company's evolving business plan, to include a preview of the Company's anticipated next acquisition. A link to the Webcast will be posted to the Company's website, www.chinacrescent.com, upon release.

Planned Expansion and Diversification

China Crescent recently released a Webcast on the Company's diversification and expansion plans to introduce new business lines and expand sales outside of China. Most recently, the Company has diversified by opening an original design manufacturing (ODM) business line. Management has also announced developing an opportunity to acquire an integrated circuit (microchip) manufacturing operation in China. The Webcast reviews both the Company's plans for geographic expansion into East Africa and India and for diversification of its business offerings. The Webcast provides a review of a $1.6 million purchase order for a Wi-Fi equipment-related project and a $160 million letter of intent that is subject to the performance of the initial order. The Webcast is available for on-demand viewing China Crescent's corporate website www.chinacrescent.com or directly at http://chinacrescent.com/wcdu_20100427.htm.

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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