China Crescent Enterprises, Inc. Schedules Q3 Earnings Webcast for November 19 at 3:30 pm EST to Review Third Quarter Earnings Results and Progress Toward $50 Million Revenue Goal

DALLAS, TX--(Marketwire - November 6, 2008) - China Crescent Enterprises, Inc. (OTCBB: CCSE) today announced a Webcast scheduled for Wednesday, November 19 at 3:30 pm EST to review the Company's year-to-date and third quarter earnings results. Specifically, management will review China Crescent's upcoming third quarter 2008 10-Q filing and progress towards achieving the Company's $50 million 2008 revenue goal. In 2007 the Company reported $40 million in revenue and $991,000 net income.

A link to the Webcast will be available prior to the event on the Company's corporate website www.chinacrescent.com.

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. ir@chinacrescent.com 214-722-3065