Ascend Acquisition Corp. and e.PAK Resources (S) Pte. Ltd. Terminate Business Combination
April 28 2008 - 10:06AM
PR Newswire (US)
NEW YORK, April 28 /Xinhua-PRNewswire-FirstCall/ -- Ascend
Acquisition Corp. (OTC:ASAQOTC:ASAQUOTC:ASAQW) (BULLETIN BOARD:
ASAQ, ASAQU, ASAQW) ("Ascend"), a public company organized for the
purpose of acquiring an operating business, announced today that
Ascend and e.PAK Resources (S) Pte. Ltd. ("ePAK") have terminated
their proposed business combination. Ascend was required to
complete its business combination of ePAK by May 17, 2008. Pursuant
to the provisions of Ascend's Certificate of Incorporation, Ascend
will dissolve and liquidate as promptly as practicable. This press
release may contain certain forward-looking statements including
statements with regard to the future performance of Ascend. Words
such as "believes," "expects," "projects," and "future" or similar
expressions are intended to identify forward-looking statements.
These forward-looking statements inherently involve certain risks
and uncertainties that are detailed in Ascend's filings with the
Securities and Exchange Commission. Ascend undertakes no obligation
to publicly update or revise any forward- looking statements,
whether as a result of new information, future events or otherwise.
For more information, please contact: Ascend Acquisition Corp. Don
K. Rice, Chairman and CEO Tel: +1-610-519-1336 Email: Investor
Relations: Crocker Coulson, President CCG Investor Relations Tel:
+1-646-213-1915 Email: DATASOURCE: Ascend Acquisition Corp.
CONTACT: Ascend Acquisition Corp. - Don K. Rice, Chairman and CEO,
+1- 610-519-1336, or ; Investor Relations - Crocker Coulson,
President of CCG Investor Relations, +1-646-213-1915, or
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