Pte. Ltd. to Present at Brean Murray Carret & Co. Mainland China Investor Tour
WAYNE, Pa. and AUSTIN, Texas, March 28 /Xinhua-PRNewswire-FirstCall/ --
Ascend Acquisition Corp. ("Ascend") (OTC Bulletin Board: ASAQ, ASAQU, ASAQW),
a specified purpose acquisition company, announced that Steve Dezso, CEO of
its merger partner e.PAK Resources (S) Pte. Ltd. ("ePAK"), will present at the
upcoming Brean Murray Carret & Co. Mainland China Investor Tour of China on
Wednesday April 2, 2008 at Marco Polo Hotel in Shenzhen, China.
Mr. Dezso will present an overview of the Company's main business, product
lines, operations, competitive strengths and growth strategies at 12:45 p.m.
For more information about the conference, please visit
In July 2007, Ascend entered into a definitive agreement to merge with
ePAK. Under the terms of the agreement, at the closing of the transaction,
Ascend will reincorporate as a Bermuda public company and acquire 100% of the
outstanding capital stock of ePAK. Upon completion of the transaction, which
is expected in the second quarter of 2008, the resulting public company will
be domiciled in Bermuda and renamed ePAK International Ltd. It is expected
that ePAK International's common stock and warrants will trade on the NASDAQ
A registration statement and proxy statement under Form S-4 has been filed
under the issuer name "e.PAK International Limited" with the Securities and
Exchange Commission in connection with the proposed acquisition of ePAK and
reincorporation of Ascend in Bermuda. STOCKHOLDERS OF ASCEND AND OTHER
INTERESTED PERSONS ARE ADVISED TO READ, WHEN AVAILABLE, THE FINAL PROSPECTUS
AND DEFINITIVE PROXY STATEMENT IN CONNECTION WITH THE TRANSACTIONS AND THE
SOLICITATION OF PROXIES FOR THE SPECIAL MEETING OF ASCEND'S STOCKHOLDERS
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
The final prospectus and definitive proxy statement will be mailed to
Ascend's stockholder as of a record date to be established for voting on the
acquisition and redomestication. These documents will also be available
without charge online at the Securities and Exchange Commission's Internet
site (http://www.sec.gov) and by mail through requests to Ascend Acquisition
Corp., 435 Devon Park Drive, Bldg. 400 Wayne, PA 19087, Attention: T. Anderson.
Stockholders and other interested persons can also read Ascend's final
prospectus, dated May 11, 2006, for a description of the security holdings of
Ascend's directors and officers and of EarlyBirdCapital, Inc., the
underwriters of Ascend's initial public offering, and their respective
interests in the successful consummation of the proposed transactions.
About e.PAK Resources (S) Pte. Ltd.
ePAK is a full-service designer, manufacturer and supplier of precision
engineered products and solutions for the automated transport and handling of
semiconductor and electronic devices. ePAK's product areas include front-end
wafer handling, back-end IC transport, and end-system sub-assembly handling.
The Company's products are sold globally to top tier global customers
including semiconductor companies, system OEMs, and IC assembly and test
operations. The company's low cost, large-scale manufacturing operations in
Shenzhen, the People's Republic of China ("PRC") are centrally located to the
semiconductor industry. ePAK's executive offices are located in Austin, Texas
and the Company maintains nine sales and applications engineering offices
About Ascend Acquisition Corporation
Ascend Acquisition Corp. was formed on December 5, 2005 for the purpose of
effecting a merger, capital stock exchange, asset acquisition or other similar
business combination with an operating business. Ascend's registration
statement for its initial public offering was declared effective on May 11,
2006 and the offering closed on May 22, 2006, generating net proceeds of
approximately $38.5 million from the sale of 6.9 million units, including the
full exercise of the underwriters' over-allotment option and the sale of
166,667 units to the Ascend's Chairman and CEO, Don K. Rice. Each unit was
comprised of one share of Ascend common stock and two warrants, each with an
exercise price of $5.00. As of January 31, 2007, Ascend held approximately
$40.8 million in a trust account maintained by an independent trustee, which
will be released to Ascend upon the consummation of the business combination.
Ascend Acquisition Corporation
Don K. Rice, Chairman and CEO
Web site: http://www.ascendgrowth.com
e.PAK International Inc.
Steve Dezso, CEO
Web site: http://www.epak.com
Crocker Coulson, President
CCG Investor Relations
Web site: http://www.ccgir.com
SOURCE Ascend Acquisition Corporation
Ascend Acquisition Corporation - Don K. Rice, Chairman and CEO, +1-610-519-1336, or firstname.lastname@example.org; or ePAK International Inc. - Steve Dezso, CEO,
+1-512-231-8083, or email@example.com; or Investor Relations - Crocker
Coulson, President of CCG Investor Relations, +1-646-213-1915, or
-0- Mar/28/2008 19:51 GMT
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