ALSC Announced Name Change to Alimco Financial Corporation

Alliance Semiconductor Corporation (ALSC) announced that the company has changed its name to Alimco Financial Corporation (“Alimco”). The new corporate name is intended to be more reflective of the company’s current business. Alimco’s recent focus has been to develop and expand its finance business. Alimco has participated in several finance transactions over the past year in areas where management and the board have experience and expertise. The new ticker symbol (effective January 18, 2017) will be ALMC. The Company’s new website will be www.alimocofinancial.com.