HLS Systems International Schedules Financial Results and Conference Call For Its Fiscal 2008 Fourth Quarter and Year Ended June 30, 2008

BEIJING--(BUSINESS WIRE)--HLS Systems International, Ltd. (NASDAQ: HOLI) (“HLS”), a leading provider of automation and control systems for the industrial, rail and nuclear power sectors in the People’s Republic of China (PRC), today announced that it will issue financial results for its fiscal 2008 fourth quarter and year ended June 30, 2008 after the close of the stock market on Thursday, September 25, 2008. Management will discuss the current status of the Company’s operations during a conference call at 8:00 AM ET the following day, Friday, September 26, 2008.

Interested parties may participate in the call by dialing (888) 787-0460 (U.S.) or (706) 679-3200 (International) approximately 10 minutes before the call is scheduled to begin and asking to be connected to the HLS Systems conference call. In addition, the conference call will be broadcast live over the internet at http://investor.shareholder.com/media/eventdetail.cfm?eventid=59662& CompanyID=HLS&e=1&mediaKey=8DD3979970F58831B44C9F0414C1FF38 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

Participants are asked to go to the link at least 15 minutes early to register, download and install any necessary audio software. The internet audio stream will be available for 30 days after the call. A recorded replay of the call will also be available until 12:00 a.m. Eastern Time on September 28, 2008. Listeners may dial 800-642-1687 (Domestic) or 706-645-9291 (International) and use the code 65168684 for the phone replay.

About HLS Systems International

HLS Systems International, based in Beijing, China, with 1,800 employees, is the leading domestic provider of automation control systems to China’s surging nuclear, rail and industrial markets and will soon begin providing control systems to China’s booming wind energy market. HLS has developed a series of proprietary high quality, low cost control systems that meet or exceed international standards and is able to effectively compete against the world’s leading automation control companies.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of HLS’ management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations and Corporate Communications
Jennifer Zhang, (8610) 5898-1386
zhangqiuju@hollysys.com
-OR-
INVESTOR RELATIONS COUNSEL:
The Equity Group Inc.
Adam Prior, 212-836-9606
aprior@equityny.com