NEWS RELEASE

June 2, 2008

Acorn International LLC is pleased to announce a number of new contracts awarded in the second quarter of 2008.  These include contracts with major international oil and gas companies to:

• Coordinate the Environmental, Social and Health Impact Assessment (ESHIA) Process for oil and gas exploration projects in Angola, Republic of Congo and Nigeria
• Perform an Environmental and Social Impact Assessment (ESIA) for an offshore oil and gas exploration program in Colombia
• Perform Environmental Impact Assessments (EIA) for two separate oil and gas exploration blocks offshore Colombia
• Conduct Environmental, Safety and Health Risk Assessments for:
  • An exploration project in Kazakhstan
  • Production facilities in California
  • A terminal upgrade in New Jersey
• Conduct Health, Safety, Environment and Community screenings for oil and gas exploration programs in:
  • Barbados
• Philippines
• Vietnam
• Colombia

Acorn International, LLC is a professional consulting services company dedicated to delivering world-class, affordable EHSS assurance and straight-forward results for overseas development projects.  The company operates not through a traditional consulting services model but by providing structured tools and guidance to qualified host-country teams, maintaining a link with international clients and building capacity in the host-country team. Acorn delivers:

1.       Established teams of local country experts partnered with and directed by an expert in assuring world-class EHSS assessment and management performance standards are met

2.       Advice to international industry needing to build world-class EHSS programs

3.       Recruitment and oversight/management of partners and service providers (EHSS and other) overseas

Working with Acorn allows international industries to better manage the increasingly delicate balance between meeting corporate requirements for reliable, simplified service while satisfying host-country demands for maximum local content.