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Frequently Asked Questions

What does the Company do?

Where does the Company operate?

Who are the officers and directors?

Does the Company file its earnings and where can I find a copy of these and other filings?

When will the Company files its next report?

How can I buy stock?

I have a question about my stock certificate - who is the transfer agent?

Is the Company planning a Reverse Split?

Why do you not give more information on contracts you announce? or announce more contracts?

What does the Company do?

A U.S.-based Company with operations in China, China Crescent is a technology systems integrator, an original design manufacturer (ODM) and value added reseller (VAR) of major global technology brands in the rapidly developing Chinese domestic market. Over the past year, China Crescent has developed a technology outsourcing services line of business and has started an original design manufacturing, or ODM, line of business as well.

Within China, China Crescent provides technology services and products including outsourcing, ODM, notebook and desktop computers, printers, servers, and network equipment from a number of well-known global brands such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo. The Company is also an authorized reseller of operating systems, databases, middleware and application software from brands such as Microsoft, Red Hat, Oracle, Sybase, IBM, BEA, Veritas and others.

China Crescent is also available to assist U.S. businesses in localizing their products and services in China so those businesses can realize the growth potential available by expanding into the Chinese market.

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Where does the Company operate?

China Crescent is a U.S. company operating in China. China Crescent's Chinese headquarters is located in Shanghai and its U.S. headquarters are in Dallas, Texas. The Company currently has operations in Shanghai, Ningbo and Hangzhou, both located near Shanghai, Beijing, and recently entered into agreements for operations in Dalian in the North and Shenzhen in the South.

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Who are the officers and directors?

China Crescent's Chief Executive Officer is Dr. James Jiang and the Chief Financial Officer is Mr. Philip J. Rauch. The Board of Directors includes Mr. Rauch, Ret. Major General Hugh G. Robinson and Mr. Philip M. Verges.

Dr. James Jiang
Chief Executive Officer

Dr. James Jiang has over 18 years of senior executive management experience in the information technology and wireless industries. His management resume includes posts with various multinational firms including British Telecom Laboratory, Telular Corp, Singapore Technologies and GaozhiSoft. Dr. Jiang has extensive knowledge of GSM/GPRS systems and architecture, 3G wireless communications and Internet technologies. In 1996, he developed and launched AirTrak, China's first e-commerce service to deliver commerce information from the Internet via a wireless network, and was the Chief Architect of a dynamic web content cache engine and mobile application platform. Dr. Jiang holds two patents in Viterbi Decoding and Dynamic Contents Extraction, and is a World Bank Scholar.

Philip J. Rauch
Chief Financial Officer & Board Member

Mr. Rauch brings substantial financial and corporate development talent and experience to China Crescent. Prior to his appointment at China Crescent, Mr. Rauch held the positions of chief operating officer and chief financial officer for Defense Technology Systems, Inc., a U.S.-based company that designs, manufactures and installs safety and security equipment for domestic and international business communities. Prior to his tenure at Defense Technology Systems, Mr. Rauch was vice president of business operations at AboveNet, and from 1993 to 1997, he served as CFO of Columbus Construction. Mr. Rauch also served as CFO for F. Garofalo Electric Co., a Local #3 IBEW engineering and construction company. Mr. Rauch holds a Bachelor of Science in Economics with honors from the University of Pennsylvania Wharton School of Business, with a concentration in finance and accounting. Mr. Rauch has further earned a certificate in Construction Management from the Institute of Design and Construction in New York. He is currently a member of the American Management Association and the Construction Financial Management Association.

Philip Verges
Board Member

Philip Verges is the Founder and Chairman of the Board of NewMarket Technology and a board member of China Crescent. Mr. Verges built NewMarket from a technology start-up in 1997 to an international company focused on emerging technologies and emerging markets, reporting over $95 million in revenue in 2008. Mr. Verges has been instrumental in NewMarket’s successful acquisition of a number of companies in North America, Asia and Latin America. A graduate of the U.S. Military Academy at West Point, Mr. Verges served in the U.S. Army with distinction in a wide variety of important engagements to include research and development of counter terrorism communication technologies and practices. After fulfilling his post-graduate military duties for the United States, Mr. Verges elected to pursue the private sector and was honorably discharged with the rank of captain. Mr. Verges' early career after the Army included time in the Computer Sciences Research and Development Department of General Motors as an employee of Electronic Data Systems (EDS). Mr. Verges' first business start-up experience was also at EDS in a new division concentrating on call center technology in financial institutions. Later, Mr. Verges added to his start-up experience at a $30 million technology services business with the responsibility to open a new geographic region. In 2008, Mr. Verges was recognized as an Ernst and Young Entrepreneur of the Year Finalist and a Tech Titans Corporate CEO Finalist. Mr. Verges is also a public speaker, giving several talks a year on topics ranging from emerging technologies to financial markets.

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Does the Company file its earnings and where can I find a copy of these and other filings?

China Crescent is a fully-reporting OTCBB listed company and files its periodic reports and other filings with the SEC.. The Company's corporate fillings are available free of charge on the Securities and Exchange Commission's website, www.sec.gov.

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When will the Company files its next report?

China Crescent follows the SEC calendar for filing its periodic reports based on a January 1 – December 31 fiscal year. The SEC has reporting deadlines based on tiers and China Crescent is categorized as a non-accelerated filer. In general, the annual report on form 10-K is due 90 days after the end of the year, or March 31. Quarterly reports on form 10-Q are due 45 days after the end of a quarter. If a filing due date falls on a weekend or SEC holiday, the filing is due on the following business day. Companies may request a filing extension for their Form 10-Q's and 10-K's. With an extension, a Company may gain up to 5 additional days to file Form 10-Q or 15 days to file Form 10-K. For more information, please review the SEC calendar at http://www.secfile.net/SEC_calendar.htm.

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How can I buy stock?

You may purchase shares on the open market by contacting your broker or stock purchase service.

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I have a question about my stock certificate - who is the transfer agent?

A transfer agent is a regulated entity that keeps track of the individuals and organizations that own a company’s stock and bonds. They handle most issues relating to certificates. China Crescent’s transfer agent is Corporate Stock Transfer, Inc. Their contact information is:

Corporate Stock Transfer, Inc.
3200 Cherry Creek Drive South
Suite 430
Denver, CO 80209
Tel: (303) 282-4800
Fax: (303) 777-3094

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Is the Company planning a Reverse Split?

The Company has not announced any plans for a reverse split at this time. However, the Company did complete a reverse split May 12, 2009 of the common stock issued and outstanding on a one new share for twenty-five old shares basis.

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Why do you not give more information on contracts you announce? or announce more contracts?

As a company, China Crescent works very hard to not only maintain our current clients, but expand and gain new customers. When the Company has a contract it feels is important to announce, it is not always able to, or if the client does give permission, sometimes that permission is limited and China Crescent cannot release details such as customer information or the size of the contract. There are a variety of reasons for this. Some clients simply do not want their strategic projects publicly known. For example, if China Crescent is providing a security related solution or other services of a sensitive nature for a client, they often do not want this information revealed, as it could create an additional security risk for them, or let their competition know about a strategic project being developed. Additionally, clients do not always want the amount they spend on various systems integration and technology related services released publicly. Within these limitations, we do try to provide as much information to our shareholders as possible to keep them informed of Company progress.

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Forward Looking Statements: This Webpage may contain forward-looking statements that involve risks and uncertainties. The statements on this Webpage 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 as of February 26, 2009. 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.

 
 
   

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