Ascend Acquisition Corp. and e.PAK Resources (S) Pte. Ltd.
Terminate Business Combination
NEW YORK, April 28 /Xinhua-PRNewswire-FirstCall/ -- Ascend Acquisition Corp. (OTC 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: Don@ascendgrowth.com Investor Relations: Crocker Coulson, President CCG Investor Relations Tel: +1-646-213-1915 Email: Crocker.email@example.com
SOURCE Ascend Acquisition Corp.
CONTACT: Ascend Acquisition Corp. - Don K. Rice, Chairman and CEO, +1- 610-519-1336, or Don@ascendgrowth.com; Investor Relations - Crocker Coulson, President of CCG Investor Relations, +1-646-213-1915, or Crocker.firstname.lastname@example.org -0- Apr/28/2008 13:06 GMT