ACL Semiconductors, Inc. Reports Robust Chip Consumption; Company Also Sees Strengthening of DRAM Pricing.

HONG KONG -- ACL Semiconductors, Inc. (OTCBB:ACLO) has recently released a report that specifically highlights the Asian Pacific region including China, concluding that the region continues to aggressively outpace the rest of the world's global economies in semiconductor demand. The Asia Pacific region accounted for 39% of global semiconductor sales up from 37.4% in 2002 and 29.9% in 2001. The report further points out that Asia/Pacific is the largest chip consuming region in the world.

Additionally, found within the text of the report is a reference to a very promising Digitimes article, which was recently written, discussing the global demand for DRAM. The article indicates that due to low inventory, increasing motherboard shipments, and seasonality, DRAM prices are anticipated to increase. The article goes on to state that demand from China will be the first to increase with other markets in Asia following in late July or early August and Europe by October.

ACL Semiconductors, CFO, Kenneth Chan, commented, "The article in Digitimes is well timed and accurate as we have recently seen an increase in DRAM pricing. The increased pricing in DRAM comes just in time for our fourth quarter, a traditionally strong period for us. We are encouraged by the upbeat outlook of industry analysts and our personal experience in witnessing this trend."

About ACL Semiconductors, Inc:

ACL has been a leading distributor of Samsung memory chip products, including DRAM, Flash, SRAM and Mask ROM products for the Hong Kong and Southern China markets since 1991. ACL Semiconductors, Inc. trades on the OTCBB under the symbol, ACLO.

Forward-Looking Statements:

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to DRAM pricing and sales, beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.