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NMCH News NewMarket China, Inc. Announces Corporate Name Cha...
Tuesday, June 24, 2008 10:58 AM

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News for 'NMCH' - (NewMarket China, Inc. Announces Corporate Name Change to China Crescent Enterprises, Inc. During Chinese Investment Seminar)


DALLAS, TX, Jun 24, 2008 (MARKET WIRE via COMTEX) -- NewMarket China, Inc.
(OTCBB: NMCH) announced yesterday at the Company's Chinese Investment Seminar
that the Company's corporate name change to China Crescent Enterprises, Inc. is
now effective. All necessary paperwork has been submitted by the Company to
receive its new ticker symbol, and it expects the new ticker to be assigned in
the very near future. Until that time, the Company will begin to use its new
name, but will continue to trade under its existing ticker symbol until the new
ticker is assigned by NASDAQ. NASDAQ manages the issuance of ticker symbols for
the OTCBB.

Incoming China Crescent CEO Paul K. Danner stated, "The name change to China
Crescent Enterprises better reflects the Company's direction as we continue our
rapid growth and expansion in China and into additional markets. With our plans
for seeking higher margin lines of business and long-term managed services
contracts, we sought a name to help us effectively communicate our business
strategy to both the domestic U.S. and international markets. We look forward to
continuing to foster the relationships we have built as NewMarket China, and to
work with our partners to expand our client base in the region."

Yesterday's Chinese Investment Seminar hosted by the Company in Dallas, TX,
addressed China Crescent's future business plans and highlighted the
opportunities in China created by the upcoming 2008 Beijing Olympics and 2010
World Expo in Shanghai. Management noted the resilience of the Chinese economy
in its ability to absorb the impact of the recent tragic earthquake while
remaining on track for double-digit GDP growth in 2008 and beyond. Additionally,
management discussed the LOI announcement made yesterday by its parent company
NewMarket Technology, and its benefit to the NewMarket family of companies.

NewMarket Technology, Inc. to Acquire Everex, a Respected Brand Name in Personal
Computing Reporting Approximately $60 Million in Revenue in 2007

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
[e-mail] or call 214-722-3065.

About China Crescent Enterprises, Inc. (www.newmarketchina.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.

[e-mail]

214-722-3065





SOURCE: China Crescent Enterprises, Inc.




CONTACT: mailto:[e-mail]




Copyright 2008 Market Wire, All rights reserved.

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SUBJECT CODE: Computers and Software:Hardware

Computers and Software:Internet

Computers and Software:Software

Computers and Software:Peripherals

Computers and Software:Networking



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