China Crescent Enterprises, Inc. Increases $40 Million 2009 Profitable Revenue Forecast Based on Hewlett-Packard YTD

DALLAS, TX, Jun 29 (MARKET WIRE) --
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced increasing
its previous expectations for profitable revenue growth in 2009. The
Company reported over $40 million in profitable revenue in 2008 as a
reseller and integrator in China for Hewlett-Packard (HP), Sony, Lenovo
and other brand name technology companies.

HP's market share in China increased to 13.7 percent in the first quarter
of 2009 from 10.9 percent in the last quarter of 2008, according to IDC.
In April, HP introduced a new line of thin client computers aimed at low
cost desktop replacements for business users. Philip Verges, China
Crescent founder and board member, was in Chongqing for the launch. In
October of last year, HP launched a new manufacturing plant in Chongqing.

The World Bank raised its 2009 economic growth forecast for China from 6.5
percent to 7.2 percent due to its stimulus-driven investment boom. Ardo
Hansson, the World Bank's lead China economist, indicated that the
government stimulus impact is bigger than expected.

On Friday, June 26th, China Crescent released an on-demand Webcast to
preview an anticipated 2nd quarter increase in earnings per share and
provide an outlook on anticipated overall revenue and net income growth
for 2009. The Webcast also highlights the Company's recently announced $30
million outsourcing agreement and two new, recently announced service
lines anticipated to increase gross margin.

A link to the Webcast titled '2nd Quarter Preview and '09 Outlook Webcast
(June 26, 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:
China Crescent Enterprises, Inc.
ir@chinacrescent.com
214-722-3065

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