China Crescent Enterprises, Inc. Announces Webcast Friday, April 3rd to Review 2008 Annual Financial Report

DALLAS, TX--(Marketwire - March 30, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCSE) today announced a Webcast scheduled for Friday, April 3, 2009 to review the Company's 2008 annual financial report. During the Webcast, Management plans to review the Company's 2008 financial results and expectations for 2009, including the Company's Greenfield expansion strategy and active merger and acquisition campaign. The Webcast will be available on demand and a link for accessing the Webcast will be available on the Company's corporate website on April 3rd.

2008 Annual Report Preview Webcast

Last week, China Crescent released a management Webcast on its website previewing 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.

Highlights from the Webcast include:

--  Anticipated revenue and net income increase in 2008 vs. 2007
--  Management strategy in global financial crisis
--  Aligning share price and performance
--  Decrease of common stock
--  Majority shareholder restructure
--  Chinese domestic growth and investment
--  Improved profitability and operating margins
--  Acquisition plans

The Webcast is now available for review on the Company website. A link to the webcast titled '2008 Annual Report Preview Webcast (March 27, 2009)' is available on the Company website under Current Events and Communications at: http://www.newmarkettechnology.com/about-newmarket-china.htm.

For assistance accessing or listening to the Webcast, please email ir@chinacrescent.com or call 214-722-3065.

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