Acer Computec Latino America, S.A. de C.V. and ACBr Computadores Ltda. jointly announce the signing of a Memorandum of Understanding regarding the proposed purchase of the Acer-branded Brazilian Business of ACBr Computadores Ltda.

MEXICO CITY--(BUSINESS WIRE)--Jan. 20, 1997--Acer Computec Latino America, S.A. de C.V. (ACLA) announced Monday the signing of a Memorandum of Understanding regarding ACLA's proposed purchase of the Acer-branded Brazilian business of ACBr.

The parties hope to reach a final agreement during the first quarter of 1997, subject to the due diligence process that has commenced following the signing of the Memorandum of Understanding.

The proposed transaction will consist of the acquisition of a newly established subsidiary in Brazil to which ACBr will transfer all tangible assets, as well as all personnel related to the Acer brand assembly and distribution business in Brazil. ACLA will fund the transaction with part of the proceeds raised during its recent equity public offering on the Mexican Stock Exchange and private placement offering of American Depository Shares in July 1996.

"This purchase will be a major step forward in ACLA's continuing growth," said Juan Manuel Rojas, chairman and chief executive officer of ACLA. Upon completion of the proposed transaction, ACLA will have direct access to all major Latin American markets through its current subsidiaries in Argentina, Colombia, Chile, Mexico, Peru, Venezuela, and Miami, as well as in Brazil through the planned new subsidiary.

According to International Data Corp., a leading information services company (IDC), Brazil represents approximately 40% of the Latin American PC market, and historically has been one of the fastest growing markets in the region. Also according to IDC, Acer has only 4.4% of the Brazilian PC market (and is the number six PC vendor in Brazil), as compared to its market share of 16.8% in the Latin American Spanish-speaking PC market, where Acer is the number-one PC vendor, ahead of both Compaq and IBM.

Acer Computec Latino America, S.A. de C.V., a Mexican corporation, and its subsidiaries assemble and market personal computer products in Latin America under the "Acer" brand name. Based on PC units shipped in 1995, ACLA had the largest market share in Spanish-speaking Latin American countries and the third largest market share in the overall Latin American region (including Brazil). Latin America, along with Asia, is one of the fastest growing regional computer markets in the world. -0-

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CONTACT: Acer Computec Latino America

Amit Mappa, Investor Relations 

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