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ACL Semiconductors Sees Growth Opportunity in NAND Flash Distribution

HONG KONG Feb. 17, 2011 ACL Semiconductor s Inc. China Hong Kong Southern China

ACL offers "Total Memory Solutions" for a wide variety of components including DRAM, NAND Flash and Graphic RAM. NAND Flash is used in today’s highly popular consumer electronic devices, such as Smartphones and Android-based tablets, mainly for the storage of photos, music, books and movies. Tablet consumption of NAND Flash is expected to increase to 2.3 billion gigabytes (GB) in 2011, a 4.8 times increase over 477 million GB in 2010. Shipments of tablet memory are expected to grow at a steady pace until eventually hitting 12.3 billion GB in 2014 (all data according to leading market research firm iSuppli Corporation).

Alan Yang

$22.0 billion $18.7 billion

About ACL Semiconductors Inc.

Hong Kong Southern China http://www.acl-semicon.com

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 WHATS THE CONNECTION) 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).  The 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]

+852-3666-9939

[email protected] .hk

Media Contact:

Jason Rando

The Ruth Group

+1-646-536-7025

[email protected]

SOURCE ACL Semiconductors

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