CybeRelease: (OTC: ACLO) Renews Agreement With Samsung
(CybeRelease, May 24, 2006) - Lake Harmony - ACL Semiconductors, Inc. (OTC BB: ACLO) is pleased to announce the recent signing of a license renewal agreement with Samsung HK. The license agreement, which has been renewed annually since 1993, entitles the company to distribute Samsung branded memory components to Original Equipment Manufacturers (OEM) assembly plants in Hong Kong and southern China. Amongst the many types of Samsung memory components distributed by the company such as DRAM, SRAM and Mask Rom for mainly the PC market, the company also distributes the latest Samsung branded NAND Flash memory chips commonly used in digital and video cameras, cell phones and other popular consumer electronics.
“Samsung HK is the largest memory chip manufacturer in the world”, stated CEO Alan Yang. “This marks the 13th consecutive year of the renewal of our license agreement together. The agreement underscores a solid working relationship that has helped foster our revenue to soar in excess of one hundred million dollars annually. As Samsung develops the next generation of memory components, they can depend on us to be one of their largest distributors in Asia. Since 1993 we have shared the vision with Samsung and have built our competitive market share by developing and distributing state of the art memory and flash products.” he concluded.
For more information, go to http://www.CybeRelease.com/aclo52406.htm
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