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Bergamo Acquisition Corp. President and CEO Issues a Letter to Shareholders

^{Published on 2010-08-20 07:51:01 - Market Wire}
 

LAS VEGAS--([ BUSINESS WIRE ])--Bergamo Acquisition Corp. (Pink Sheets: BGMO) President and CEO has released the following letter to the attention of shareholders and other interested parties.

Dear Shareholders:

I wanted to reach out to our Bergamo Acquisition Corp. shareholders with a funding update. We are just as concerned as are all our shareholders with the recent decline in our share price. Although we cannot control the free market price of our stock, we do believe our business fundamentals will support a higher stock price consistent with the fundamentals and objectives of the company. Our funding is in place and our team is confident that we will be completing the transactions. In that regard, in the coming days, our team will be meeting in Europe to make certain that the process is completed.

We have announced funding arrangements over the past few months, and this process is moving forward. We are on the verge of fulfilling the commitments we have made, and I fully expect to complete the previously announced fundings in relatively short order. I think investors need to understand that the stand-by letter of credit is a firm commitment. The funding and disbursements will take place within the very near future. Consistent with this, Bergamo Investment LTD in the UK was formed, bank accounts have been established in London and we are ready to proceed.

Over the past year I have traveled to several continents and spent many weeks out of the country. All my time and energies have been devoted exclusively to fulfilling this goal. It is my commitment and vision that supports my firm belief this will be accomplished soon.

Hillard Herzog
President & CEO
Bergamo Acquisition Corp.

Certain statements contained in this document may constitute "forward-looking statements." When used in this document, the words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "investigate," "looking at" as they relate to Bergamo Acquisition Corp. or its management, are intended to identify forward-looking statements or information. Such forward-looking statements include, among others, the expectations or claims, as applicable. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors could cause Bergamo actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or information, including among other things, those risk factors which are discussed elsewhere in documents that Bergamo files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Bergamo Acquisition Corp. expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements.