Company News: Page (1) of 1 - 08/27/14
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/C O R R E C T I O N -- Acorn International, Inc./

 

August 27, 2014 --

In the news release, Acorn International Announces Appointment of New Executive Chairman, issued 27-Aug-2014 by Acorn International, Inc. over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, today announced that the Board of Directors of the Company (the "Board") resolved to remove Mr. Robert W. Roche as an executive chairman on August 26, 2014. Mr. Roche will remain with Acorn as a member of the Board." rather than "Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, today announced that Mr. Robert W. Roche has stepped down as an executive chairman on August 26, 2014 but will remain with Acorn as a member of the Board of Directors of the Company (the "Board")." as originally issued inadvertently. The complete, corrected release follows:

Acorn International Announces Appointment of New Executive Chairman

SHANGHAI, Aug. 27, 2014 /PRNewswire/ --Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, today announced that the Board of Directors of the Company (the "Board") resolved to remove Mr. Robert W. Roche as an executive chairman on August 26, 2014. Mr. Roche will remain with Acorn as a member of the Board. The Board appointed Mr. Don Dongjie Yang, the chief executive officer of the Company, as the new executive chairman on the same date, effective immediately.

About Acorn International, Inc.


Acorn is a media and branding company in China, operating TV direct sales businesses, other direct sales platforms and a nationwide distribution network. Acorn's other direct sales platforms include outbound telemarketing centers, e-commerce websites, and catalogs. Acorn has built a proven track record of developing, promoting and selling proprietary-branded products, including its electronic learning products, as well as products from established third parties in a variety of categories. For more information, please visit http://ir.chinadrtv.com.

Contact:

Acorn International, Inc.

Compass Investor Relations

Ms. Xiaojing Li

Ms. Elaine Ketchmere, CFA

Phone: +86-21-51518888 Ext. 2496

Phone: +1-310-528-3031

Email: lixj@chinadrtv.com

Email: Eketchmere@compass-ir.com

www.chinadrtv.com

www.compassinvestorrelations.com

SOURCE Acorn International, Inc.

Copyright 2014 PR Newswire. All Rights Reserved

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