- To Be Located in San Francisco -

KOWLOON, HONG KONG and SAN FRANCISCO, Dec. 7 /PRNewswire-FirstCall/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO), one of Asia's largest distributors of memory chip products, today announced that it has named Kun-Lin Lee, MS, CPA, as its new Vice President of Finance and Business Development, the Company's first executive to be located in the U.S.

Mr. Lee, who has a significant background in corporate finance and investment banking, including mergers and acquisitions, and initial public offerings, is also an expert in Sarbanes-Oxley implementation. The Company said Mr. Lee has been added to its management team to oversee U.S. financial operations and compliance, promote strategic business partnerships, and to manage U.S. investor communications.

Mr. Lee previously held management positions at Rowbotham & Co. LLP, (www.rowbotham.com), Sigma Designs Inc. (NASD: SIGM), (www.sigmadesigns.com), and Catalyst Semiconductor (NASD: CATS) (www.catsemi.com), all companies based in Northern California.

Mr. Lee is a graduate of the University of Hawaii with a Bachelors in Business Administration, and Golden Gate University, where he earned a Masters in Finance.

"Having a voice, a presence for the Company in the U.S. is a major step toward broadening our strategic reach while enhancing services to our investors worldwide," the Company said. ACL Semiconductors distributes electronic components under the "Samsung" brand name to the Hong Kong and South China markets. The memory chips are used from everything from a mobile phone, digital camera and laptop computer to an MP3 player or Wi-Fi product.

Safe Harbor: This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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.

CONTACT:

Kenneth K. Lee
kenleecap@gmail.com
415/812-8626

Paul Knopick
E & E Communications
949/707-5365
pknopick@eandecommunications.com

SOURCE ACL Semiconductors, Inc.

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