China Crescent, Inc. Founder and Board Member to Discuss Potential Share Price Uplift Due to SEC Short Selling Ban in Webcast Today at 12:30 pm EDT

DALLAS, TX--(Marketwire - September 19, 2008) - China Crescent Enterprises, Inc. (OTCBB: CCSE) today announced that Founder and Board Member Philip Verges will conduct a Webcast today at 12:30 pm EDT. During the Webcast, Mr. Verges will discuss the potential share price uplift due to the SEC short selling ban announced today. Mr. Verges is traveling in Asia at this time with senior management from the Company's operations headquartered in China. The Webcast will be conducted from Singapore.

A link to the Webcast is available at www.chinacrescent.com, titled "China Crescent Enterprises Year-to-Date Corporate Update Webcast." The discussion of the SEC short selling ban has been added to a previously scheduled Webcast to review year-to-date progress in China.

Micros Report Analyst Report Update and New Target Fair Value Share Price

Micros Report is expected to release a research report update from Michael Willingham, Director of Research, on Friday following the CEO Webcast. Micros Report initiated research coverage and published his first report on China Crescent in December 2007.

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. (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. Investor Relations 214-722-3065 ir@chinacrescent.com www.chinacrescent.com