Highlands Acquisition Corp. in Compliance with AMEX Listing Requirements
April 28 2008 - 5:30PM
PR Newswire (US)
MONTVALE, N.J., April 28 /PRNewswire-FirstCall/ -- Highlands
Acquisition Corp. (AMEX:HIA.UAMEX:HIAAMEX:andAMEX:HIA.WS), (the
"Company") announced today that on April 24, 2008, the Company
received a letter from the American Stock Exchange (the "Amex")
finding that, as a result of the appointment of Mr. Ronnie P.
Barnes, an independent director, to our Board of Directors, the
Company regained compliance with the Amex listing requirement that
at least a majority of the directors on the Company's Board of
Directors be independent directors as set forth in the Amex Company
Guide. About Highlands Acquisition Corp. Highlands Acquisition
Corp. is a blank check company formed for the purpose of effecting
a merger, capital stock exchange, stock purchase, asset acquisition
or other similar business combination with one or more operating
businesses. The Company's efforts in identifying a prospective
target business will not be limited to a particular industry,
although it initially intends to focus its search for a target
business in the healthcare industry. Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. These forward-looking
statements inherently involve risks and uncertainties that are
detailed in the Company's prospectus and other filings with the
Securities and Exchange Commission and, therefore, actual results
could differ materially from those projected in the forward-looking
statements. The Company assumes no obligation to update publicly or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise. DATASOURCE: Highlands
Acquisition Corp. CONTACT: Robert W. Pangia, Chief Executive
Officer Highlands Acquisition Corp., +1-201-573-8400, Web site:
http://www.highlandscorp.com/
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