DALLAS, TX–(EMWNews – August 7, 2008) – China Crescent Enterprises, Inc. (OTCBB: CCSE)

today announced anticipated continued revenue and margin growth beyond

2008, reflecting Morgan Stanley’s robust Emerging Market Infrastructure

Report. The Company has forecasted profitable growth to $50 million in

2008 after reporting $40 million in 2007. Today, the Company is a U.S.

corporation currently providing Information Technology infrastructure in

China to both the private and public sector. The Company is also

developing a line of proprietary next generation emerging technologies to

differentiate itself from other Information Technology infrastructure

providers.

Morgan Stanley Emerging Market Infrastructure Report

The recent Morgan Stanley report forecasts $21.7 Trillion in infrastructure

spending over the next 10 years in emerging markets with Asia representing

67% of this total. The report discusses the “boom in infrastructure” in

emerging markets stating, “In power and water, property, ports and airports

and beyond, emerging markets governments and private sector players are

deploying unprecedented amounts of capital to upgrade the emerging world.”

The Morgan Stanley Report is available in its entirety at:

http://www.morganstanley.com/views/perspectives/files/infrastructure_paper4.pdf.

CEO Radio Interview

This week, CEO Paul Danner conducted an interview with CEO Radio Network’s

John McDermott. Highlights of the interview include:

--  Company's planned growth in 2008 from its 2007 reported revenue of $40

    million

    

--  Recent name and ticker change reflecting the Company's growth and

    maturation

    

--  Company's fulfillment of China's rapidly growing domestic technology

    consumption

    

--  Company's self-sustaining operations and Q1 reported results

    reflecting a 20% revenue increase, 100% working capital increase and 34%

    total assets increase over Q1 2007

    

--  Impact on the Company of China's GPD growth rate of over 10% YTD and

    China's Internet usage increase from January to June 2008 of approximately

    60%

    

To listen to the interview in its entirety, please visit

www.ceoradionetwork.com, click on “Company Webcasts” and register.

Registration is free.

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

[email protected] or call 214-722-3065.

About CEO Radio Network (www.ceoradionetwork.com)

The CEO Radio Network is a premier, interactive research tool which

provides our listeners the opportunity to hear the latest corporate and

business news first hand, directly from the source — the decision makers

of publicly-traded companies. The goal of the CEO Radio Network is to level

the playing field for both the small-cap issuer and the small-cap investor

at the same time. Our online services allow the small and micro-cap issuers

access to high quality distribution, while investors are provided with an

additional communication directly from the source. The CEO Radio Network

provides links to supplementary corporate resources, including SEC filings.

Our ASK THE CEO section allows registered users to submit questions which

will be directed toward the management of our Featured Companies.

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: China Crescent Enterprises, Inc. [email protected] 214-722-3065