ACL Semiconductors Inc. ("ACL") (OTCBB: ACLO) is one of the largest and most successful distributors of memory products in Asia. ACL is the primary distributor of electronic components for Samsung Electronics Co. Ltd. in Hong Kong and China since 1991. Products marketed under the “Samsung” brand include DRAM and graphic RAM, FLASH, SRAM and MASK ROM. ACL customers include OEM (Original Equipment Manufacturers) and ODM (Original Design Manufacturers) of GPS devices, mobile phones, UMPCs, ePCs, Wi-Fi products, laptop computers, servers, routers, workstations, desktop computers, PDAs, digital cameras, MP3 playesr, USB drive and other consumer electronics worldwide. The Company has more than 200 customers in Hong Kong and Southern China, and reported total sales of US$161 million in 2007.