ACL Semiconductors, Inc. Renews Agreement with Samsung.

HONG KONG -- ACL Semiconductors, Inc. (OTCBB:ACLO) is pleased to announce the recent signing of a license renewal agreement with Samsung HK. The license agreement, which has been renewed annually since 1993, entitles the company to distribute Samsung-branded memory components to Original Equipment Manufacturers (OEM) assembly plants in Hong Kong and southern China. Amongst the many types of Samsung memory components distributed by the company such as DRAM, SRAM and Mask Rom for mainly the PC market, the company also distributes the latest Samsung-branded NAND Flash memory chips commonly used in digital and video cameras, cell phones and other popular consumer electronics.

"Samsung HK is the largest memory chip manufacturer in the world," stated CEO Alan Yang. "This marks the 13th consecutive year of the renewal of our license agreement together. The agreement underscores a solid working relationship that has helped foster our revenue to soar in excess of one hundred million dollars annually. As Samsung develops the next generation of memory components, they can depend on us to be one of their largest distributors in Asia. Since 1993 we have shared the vision with Samsung and have built our competitive market share by developing and distributing state-of-the-art memory and flash products," he concluded.

It is important to note that ACL Semiconductor is not just a standard reseller for Samsung Memory products. ACL has been a "total solution provider" for Samsung and its end users for many years. ACL has and will continue to hire engineers to assist in the development of the best-of-breed memory solutions for their own customers and those of Samsung.

Yang continued, "While we expect Samsung to be a big part of our future, given the recent surge in Flash Memory, DRAM and DDR markets, other memory manufacturers are approaching us to explore how we can help them achieve similar success within Asia."

About ACL Semiconductors, Inc.

ACL has been a leading distributor of Samsung and other memory chip products, including DRAM, Flash, SRAM and Mask ROM products, for the Hong Kong and southern China markets since 1991, and has achieved annual sales in excess of one hundred million dollars since 2004. ACL Semiconductors has been in business in Asia for the past 15 years and, during that time, has evolved as an integral part of southern China's development while serving the OEM and ODM manufacturing base for mobile phones, PDAs, digital cameras, laptop computers, MP3 players and other consumer electronics worldwide. The company has more than 200 customers in Hong Kong and southern China. ACL Semiconductors, Inc. trades on the OTCBB under the symbol "ACLO."

About Samsung HK

Samsung HK is one of the world's largest semiconductor manufacturers; Samsung is also South Korea's top electronics company. It makes many kinds of consumer devices, including DVD players, big-screen televisions, and digital cameras, computers, color monitors, LCD panels, and printers. It also manufactures semiconductors such as DRAMs, SRAMs, and flash memory, and communications devices ranging from wireless phones to networking switches.

Safe Harbor Act Notice

This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, competitive factors, timing, and other risks described in the company's SEC reports and filings. Third-party statements contained herein and information contained on any third-party Web site are not endorsed by or adopted by ACL Semiconductors, nor have ACL Semiconductors or its affiliates verified their accuracy.

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