ACL Semiconductors, Inc. Announces Letter to Shareholders

Business Wire, March 13, 2007

HONG KONG -- ACL Semiconductors, Inc. (OTCBB:ACLO) announced today that a letter to shareholders has been released to keep investors informed of company progress and goals ahead for 2007.

Dear Shareholders:

I want to take this opportunity to briefly communicate events that we
hope will influence our value as shareholders for 2007.

Highlighted Developments

We are pleased to report that we have recently established a strategic
distribution alliance with Semiconductor Manufacturing International
(Chengdu) Corporation ("SMIC") - the largest semiconductor
manufacturer in mainland China with ADS shares traded on the NYSE
under the ticker SMI. The newly developed relationship with SMIC
provides our existing customers with a larger array of memory products
and price points from which to choose; further, the relationship has
opened doors to attract new customers. We are confident the SMIC
relationship will contribute to an increase in revenue and gross
margins for 2007. We will provide more details about the progress of
our relationship with SMIC in the coming weeks ahead. Overall, we
remain positive about the stability of our existing memory component
distribution business for 2007.

Planning Ahead

Management is currently exploring synergistic opportunities to enhance
future shareholder value. In particular, we are exploring a business
combination with an existing factory for the assembly of consumer
electronic products on an OEM or ODM basis. The purpose of this
strategic move would be to vertically integrate our memory component
distribution business and provide for immediate increases to gross and
operating margins, especially if such a transaction enables the
consolidation of the financial results. We plan to have some positive
news to report towards this strategy in the coming weeks ahead.

Management and I wish to thank our shareholders for their loyalty.
Positive results from our directives above, we hope, will create the
landscape for enhanced shareholder value in the future.

Sincerely yours,

Alan Yang
CEO and Chairman of the Board

About the ACL Semiconductors, Inc.

ACL has been a leading distributor of Samsung and other memory chip products, including DRAM, Flash, SRAM and Mask ROM products for the Hong Kong and Southern China markets since 1991, and has achieved annual sales in excess of one hundred million dollars since 2004. ACL Semiconductors has been in business in Asia for the past 15 years and has evolved as a stable distributor memory components and as specialists providing memory design support serving the OEM and ODM consumer electronics manufacturing base. The company has more than 200 customers in Hong Kong and southern China. ACL Semiconductors, Inc. trades on the OTCBB under the symbol, ACLO.

About Semiconductor Manufacturing International Corporation

Established in 2000, SMIC is headquartered in Shanghai. More than just a wafer foundry, SMIC provides a full suite of value-added services that include design services, mask making, IC manufacturing, and testing. Packaging and final testing are offered through SMIC's assembly and packaging facility in Chengdu. With strong internal offerings and collaboration with a global network of design service, IP, Library and EDA providers, SMIC offers its customers wide-ranging and flexible design support. SMIC ADS shares are listed on the NYSE under the symbol SMI.

Safe Harbor Act Notice

This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). 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.