China Crescent Enterprises, Inc. Releases Exclusive Webcast to Discuss Recent Increased Share Price and Trading Volume and to Further Review the Expected Doubling of Net Income in 2009 Compared to 2008

DALLAS, TX--(Marketwire - July 9, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today released a statement following two consecutive days of high trading volume and a substantial increase in share price.

"The 2009 Global Fortune 500 list was released yesterday and the information technology industry was a top performer in profit growth," said Philip Verges, founder and board member of China Crescent and managing board member of the Company's majority shareholder. "Notably, brand name technology stocks have been some of the market's top performers so far this year. Research In Motion, the maker of the Blackberry, is up 72%, Apple's share price is up 64%, Google, IBM, and Qualcomm are all up approximately 20% to 30%. I believe smaller technology companies such as China Crescent have the potential to follow suit and experience similar share price increases. China Crescent has been concentrating on improving net income performance and recently announced it expects to double net income in 2009 compared to 2008 and that the increase in net income could be more than double. The Company reported over $40 million in profitable revenue in 2008. The Company also reported increased net income in the first quarter of 2009 compared to the first quarter of 2008. The Company expects second quarter results to reflect continued progress toward increased revenue and net income growth objectives for 2009. I believe the recent trading volume and share price increases are a combination of an overall optimistic outlook for the technology sector as represented in the 2009 Global Fortune 500 list and the result of the Company's ongoing initiative to improve the visibility of its revenue and net income growth. Even with the recent increased share price, I still consider China Crescent's current share price to be highly discounted. The Company recently announced a suggested fair value price per share of $0.30. With my optimism for China Crescent, I also remind everyone interested in investing in any early stage company quoted on an over the counter market to review that company's public filings to fully understand not only the potential value of purchasing shares at discounted prices, but also to evaluate the various risks associated with such an investment."

The Company has released an on-demand Webcast to review the expected doubling of net income in 2009 compared to 2008. The Webcast includes a review of Company's increased year-to-date sales compared to last year's sales. The presentation also includes a preview of the anticipated positive 2nd quarter results and an update of the suggested fair value target price per share of $0.30 originally presented in a Webcast on May 13th (the original Webcast is available on the Company's website at http://www.newmarkettechnology.com/webcast_ccse_20090513.htm).

A link to today's Webcast titled '2009 Net Income Objective and Suggested Fair Value Target PPS Potential Webcast (July 9, 2009)' is available on the Company's website under Webcasts at: http://www.newmarkettechnology.com/about-newmarket-china.htm.

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. reported over $40 million in profitable Revenue in 2008. The Company 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