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

DALLAS, TX, Mar 30 (MARKET WIRE) --
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:
China Crescent Enterprises, Inc.
ir@chinacrescent.com
214-722-3065

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