15 January, 2010
Bergamo Acquisition Corporation Updates Investors on the Funding Announced Tuesday
Press Release Source: Bergamo Acquisition Corporation On Friday January 15, 2010, 9:05 am EST
LAS VEGAS--(BUSINESS WIRE)--Bergamo Acquisition Corporation (Pink Sheets: BGMO - News) has received many inquiries regarding the timing of the funding for Tuesday's contract announcement. Most investors are asking when the Company expects to receive the initial $25 Million USD in the Company account and when to expect the remaining $75 Million USD in the account. The initial funding is imminent, and should be in the Bergamo Citibank account in Henderson, Nevada within about seven banking days from the contract signing on Monday, January 11, 2010. The Company received updated correspondence on Thursday confirming this. The remaining balance of $75 Million USD will be initiated at 22 days past the signing of the contract on Monday, and will also take a number of days for the international wire to be complete.
The Patriot Act in the United States, and similar laws around the world, requires due diligence on the part of regulators to assure that funds are legitimate in origin and will only be used for legitimate business purposes. This is absolutely standard operating procedures in international banking. This was expected and planned for on the part of all parties to this transaction. We intend to update investors through a press release once the funds are received.
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.

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