Bergamo Acquisition Corp.'s Wholly Owned Subsidiary, Bergamo E & A, Has
Reached Agreement on the Funding of Pakistani Energy Projects Totaling
$1.5 Billion USD
LAS VEGAS, May 26 /PRNewswire-AsiaNet/ --
Bergamo Acquisition Corp. (Pink Sheets: BGMO) today announced that
agreement on all terms with its lender to finance energy projects for
Pakistan has been completed. The value of all projects is $1.5 Billion
USD. Hillard Herzog, President and CEO of Bergamo Acquisition Corp. will
travel to Pakistan within the next two weeks, to sign the contracts for
the financing.
The projects have expanded in scope since the May 7, 2009 press
release. In addition to the clean coal plant and the LED high efficiency
lighting mentioned previously, the financing now includes several solar
lighting facilities. The first of these solar lighting facilities is
anticipated to be operational within 90 days after signing of all
agreements.
Pakistan's President, Asif Ali Zardari, has assisted through its
investment friendly policy, Bergamo Acquisition Corp. and Bergamo E & A
Corp. in bringing these clean energy projects to the people of Pakistan.
Mr. Herzog commented, "Clean energy is very important to the people
of Pakistan. I am very pleased that we have been able to work with
President Zardari on meeting this most urgent need. I know his
commitment is strong to his nation, and abundant clean energy is needed
as Pakistan continues to modernize its infrastructure. I would like to
sincerely thank President Zardari and Pakistan People's Party for
allowing us to be a part of this effort."
Mr. Sohail Parekh, Executive Vice President & Director of Bergamo
Acquisition Corp. and Chairman & Managing Director of Bergamo E&A Corp.
Pakistan, has been instrumental in bringing together those parties in
Pakistan and the management of Bergamo E&A Corp. in assuring that these
projects so necessary to the people of Pakistan will be completed.
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, that: (i) Bergamo E&A will successfully develop power
projects in Pakistan. Such statements or information reflect Bergamo
E&A's current views with respect to future events and are subject to
certain risks, uncertainties and assumptions. 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 E&A's
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 E&A 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.
Contact Information:
Bergamo Acquisition Corp.
Hillard Herzog
President & CEO
Tel: (702) 269-0820
Email: hillardbergamo@aol.com
Investor Relations:
Quarterback Investor Relations
John Pentony, President
Tel: (469) 252-3030
Email: John@QuarterbackIR.com
The Eversull Group, Inc.
Jack Eversull, President
972-378-7917
972-378-7981 (fax)
Email: jack@theeversullgroup.com
SOURCE: Bergamo Acquisition Corp.
CONTACT: Hillard Herzog,
President & CEO, Bergamo Acquisition Corp.,
+1-702-269-0820, hillardbergamo@aol.com; or
Investor Relations,
John Pentony, President, Quarterback Investor Relations,
+1-469-252-3030, John@QuarterbackIR.com;
Jack Eversull, President, The Eversull Group, Inc.,
+1-972-378-7917, or +1-972-378-7981 (fax),
jack@theeversullgroup.com
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