The law firm of Lieff, Cabraser, Heimann & Bernstein, LLP announces that class action lawsuits have been brought on behalf of all persons who purchased or otherwise acquired the securities of China Intelligent Lighting and Electronics, Inc. (“China Intelligent” or the “Company”) (AMEX:CIL) between June 18, 2010 and March 29, 2011, inclusive (the “Class Period”), including all persons who purchased China Intelligent common stock in the Company’s initial public offering on or around June 18, 2010 (the “IPO”).

If you purchased or acquired China Intelligent securities during the Class Period or pursuant and/or traceable to the IPO, you may move the Court for appointment as lead plaintiff by no later than May 31, 2011. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the litigation will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the actions.

China Intelligent shareholders who wish to learn more about the actions and how to seek appointment as lead plaintiff may visit Lieff Cabraser’s website at http://www.lieffcabraser.com/securities-investor-fraud/case/459/china-intelligent-lighting-and-electronics-inc-securities-class-litigation or contact Sharon Lee of Lieff Cabraser toll free at (800) 541-7358.

Background on China Intelligent Securities Class Litigation

The actions are brought against China Intelligent, certain of its officers and directors, the underwriters of its IPO, and its auditors, for violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. China Intelligent, headquartered in Huizhou City, Guangdong in the People’s Republic of China, engages in research, development, assembling, marketing and sales of intelligent lighting products, including LED, residential, commercial, outdoor, and municipal engineering lighting products.

The actions allege that during the Class Period, defendants misrepresented and omitted material information regarding China Intelligent’s financial condition. Specifically, defendants failed to disclose that China Intelligent engaged in fraudulent accounting practices and, as a result, its financial statements issued during the Class Period were materially false and misleading.

On March 29, 2011 the Company issued a press release announcing the resignation of its auditor, MaloneBailey, LLP (“MB”). According to the press release, MB indicated that its resignation was “due to accounting fraud involving forging of the Company’s accounting records and forging bank statements, in addition to other discrepancies identified in the Company’s accounts receivable.” In addition, the press release stated that MB "believed that the accounting records of the Company have been falsified, which constitutes an illegal act." MB also reportedly found that “the discrepancies could indicate a material error in previously issued financial statements” and, therefore, “it could no longer support its opinion related to the Company’s financial statements for the year ended and as of December 31, 2009.”

China Intelligent also disclosed the resignation of a member of its Board of Directors and that the Company had received a preliminary information request from NYSE Amex. Moreover, the Company revealed that the Securities and Exchange Commission (“SEC”) had launched an investigation into potential material misstatements or omissions by the Company concerning its financial statements, and that the SEC had served the Company a subpoena for documents.

On April 7, 2011, China Intelligent disclosed that it had been notified by NYSE Amex of its intention to delist the Company’s common stock immediately.

About Lieff Cabraser

Lieff, Cabraser, Heimann & Bernstein, LLP, with offices in San Francisco, New York and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

Since 2003, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs’ law firms in the nation. In compiling the list, the National Law Journal examined recent verdicts and settlements in addition to overall track records. Lieff Cabraser is one of only two plaintiffs’ law firms in the United States to receive this honor for the last eight consecutive years.

For more information about Lieff Cabraser and the firm’s representation of investors, please visit http://www.lieffcabraser.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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