Ascend Acquisition Corp. Merger Partner e.PAK Resources (S) Pte. Ltd. to Present at Brean Murray Carret & Co. Mainland China Inv
28 Mars 2008 - 8:51PM
PR Newswire (US)
WAYNE, Pa. and AUSTIN, Texas, March 28
/Xinhua-PRNewswire-FirstCall/ -- Ascend Acquisition Corp.
("Ascend") (OTC:ASAQOTC:ASAQUOTC:ASAQW) (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. local time. For more information about the conference,
please visit http://www.breanmurraycarret.com/ . 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 Global Market. Additional Information 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 worldwide. 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. Contact Information: Ascend Acquisition Corporation
Don K. Rice, Chairman and CEO Tel: +1-610-519-1336 Email: Web site:
http://www.ascendgrowth.com/ e.PAK International Inc. Steve Dezso,
CEO Tel: +1-512-231-8083 Email: Web site: http://www.epak.com/
Investor Relations: Crocker Coulson, President CCG Investor
Relations Tel: +1-646-213-1915 Email: Web site:
http://www.ccgir.com/ DATASOURCE: Ascend Acquisition Corporation
CONTACT: Ascend Acquisition Corporation - Don K. Rice, Chairman and
CEO, +1-610-519-1336, or ; or ePAK International Inc. - Steve
Dezso, CEO, +1-512-231-8083, or ; or Investor Relations - Crocker
Coulson, President of CCG Investor Relations, +1-646-213-1915, or
Web Site: http://www.ascendgrowth.com/ http://www.epak.com/
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