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ACL Semiconductors Expects Strong Samsung Distributor Relationship to Result in Robust Fourth Quarter 2010 Revenue Growth

HONG KONG Feb. 14, 2011 China Hong Kong Southern China

Alan Yang

154.63 trillion won $138.86 billion 136.32 trillion won 16.15 trillion won

Mr. Yang continued, "With the rise of tablet devices, consistent growth sales of mobile phones and continued demand in LCD TV’s, we are expecting another strong year for Samsung in 2011. Likewise it signals a strong year for ACL as we look forward to providing high quality Samsung products and value added services to our network of customers in the coming year."

About ACL Semiconductors

Hong Kong South China

Cautionary Note Regarding Forward-Looking Statements

This press release and the statements of representatives and partners of ACL Semiconductors Inc. (the "Company") related thereto contain, or may contain, among other things, certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the Company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission. Actual results (including, without limitation, results of the Company’s application to list shares of its common stock on NASDAQ) may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control). ┬áThe Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Investor Contacts:

Kun Lin Lee

Joseph Villalta

Chief Financial Officer

The Ruth Group

ACL Semiconductors Inc.

+1 646-536-7003

+1 408-981-9363

[email protected]


[email protected] .hk

Media Contact:

Jason Rando

The Ruth Group


[email protected]

SOURCE ACL Semiconductors

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