Acorn International Announces Shareholder Resolution Adopted at 2011 Annual General Meeting


SHANGHAI, China, Oct. 21, 2011 (GLOBE NEWSWIRE) -- 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 sales and distribution sales platforms, today announced resolutions adopted at its annual general meeting of shareholders held in Shanghai on October 21, 2011.

At the meeting, Acorn shareholders approved the re-election of Mr. Andrew Y. Yan and Mr. Wang Jing, as well as the election of Mr. Gordon Wang and Mr. Eric He to serve on the board of directors. Acorn's shareholders also appointed Deloitte Touche Tohmatsu CPA Ltd. as independent auditor of the Company for fiscal year 2011.

About Acorn International, Inc.

Acorn is a media and branding company in China, operating one of China's largest TV direct sales businesses in terms of revenues and TV air time, other direct sales platforms and a nationwide distribution network. Acorn's TV direct sales platform consists of airtime purchased from both national and local channels. Acorn's other direct sales platforms include third-party bank channels, outbound calls, catalogs and Internet. Acorn has built a proven track record of developing, promoting and selling proprietary-branded products, as well as products from established third parties. For more information, please visit http://ir.chinadrtv.com.

The Acorn International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10897


            

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