TransTech Services Partners, Inc. (fka TTSP)

[di4]

TransTech Services Partners Inc. To Have Annual Meeting of Stockholders on June 8, 2009
May 29, 2009 7:02:00 PM


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View Additional ProfilesNEW YORK, May 29 /PRNewswire-FirstCall/ -- TransTech Services Partners Inc. (OTC Bulletin Board: TTSP, TTSPW and TTSPU; "TransTech"), has been ordered by the Delaware Chancery Court to hold an annual meeting of stockholders no later than June 8, 2009. To comply with the Court's order, TransTech has mailed to each of its stockholders of record as of May 12, 2009 the notice attached to this release to hold a meeting on June 8, 2009. Because of this short time-frame, TransTech will not be able to comply with SEC rules and regulations, and therefore TransTech is not soliciting proxies in connection with the meeting.


Forward Looking Statements

This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of TransTech's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements.


About TransTech Services Partners Incorporated

The Company was incorporated in Delaware on August 16, 2006 as a publicly-traded "blank check" vehicle, formed for the purpose of acquiring through an unidentified operating business.



Contact Information:

TransTech Services Partners Inc.
Attn: CFO
445 Fifth Avenue
Suite 30H
New York, NY 10016
[phone]
http://www.transtechservicespartners.com


TRANSTECH SERVICES PARTNERS INC.
445 Fifth Avenue, Suite 30H
New York, NY 10016
[phone]

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD ON JUNE 8, 2009

To the Stockholders of TRANSTECH SERVICES PARTNERS INC.:


NOTICE IS HEREBY GIVEN that a annual meeting of stockholders, including any adjournments or postponements thereof, of TransTech Services Partners Inc., a Delaware corporation ("we", "us", "TransTech" or the "Company"), will be held at 10:00 a.m., Eastern Time, on June 8, 2009, at the offices of Loeb & Loeb LLP, 345 Park Avenue, New York, NY 10154, at which you will be asked to consider and vote upon the following:


-- The election of the five directors to serve until the next Annual
Meeting of Stockholders or until their earlier resignation or removal;
and


-- To consider and take action upon such other matters as may properly come
before the meeting or any adjournment or postponement thereof.



Our board of directors has nominated each of Suresh Rajpal, LM Singh, Hemant Sonawala, Frederick Smithline and Dr. Ranga C Krishna for election as directors at the Annual Meeting.


Our board of directors has fixed the close of business on May 12, 2009 as the record date for the determination of stockholders entitled to notice of and to vote at the annual meeting and at any adjournment or postponement thereof. Holders of our common stock as of the record date are entitled to one vote for each share of record and vote together as a single class with respect to the election of directors.


Your vote is important. Your proxy is not being solicited for this meeting. If you are a stockholder of record of our common stock, you may cast your vote in person at the Annual Meeting. If your shares are held in an account at a brokerage firm or bank, you must instruct your broker or bank on how to vote your shares at the Annual Meeting.


Our initial stockholders, including all of our directors, officers and their affiliates, who purchased or received shares of our common stock prior to our initial public offering, presently own 1,125,000 shares of common stock, an aggregate of approximately 17.9% of our outstanding shares of common stock (the "Founder Shares"). All of our founding stockholders, including all of our officers and directors, are expected to vote their respective shares of common stock in favor of the election of each of Suresh Rajpal, LM Singh, Hemant Sonawala, Frederick Smithline and Dr. Ranga C Krishna to our board of directors



By Order of the Board of Directors,


Suresh Rajpal

Chairman of the Board,

President and Chief Executive Officer


May 29, 2009



SOURCE TransTech Services Partners Inc.



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TransTech Services Partners Inc. CFO
[phone]

[di4]

TransTech Terminates Acquisition, Will Seek Shareholders' Approval to Distribute Trust
May 20, 2009 5:03:00 PM


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View Additional ProfilesNEW YORK, May 20 /PRNewswire-FirstCall/ -- TransTech Services Partners Inc. (OTC Bulletin Board: TTSP, TTSPW and TTSPU) ("TransTech"), determined that it would not have sufficient time to close the proposed business combination with Global Hi-Tech Industries Limited ("GHIL"), by its May 23, 2009 deadline to close a business combination.


Consequently, TransTech will not hold a stockholder meeting for its proposed acquisition of GHIL. Instead, TransTech will hold a stockholder's meeting and take such action as necessary to approve the liquidation of its trust fund.


If the plan of liquidation is approved, TransTech will pay out approximately $7.94 per share from its trust account. It expects to complete its liquidation process as soon as reasonably practicable after the shareholders meeting.


FORWARD LOOKING STATEMENTS


This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of TransTech's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements.


ABOUT TRANSTECH SERVICES PARTNERS INCORPORATED


The Company was incorporated in Delaware on August 16, 2006 as a publicly-traded "blank check" vehicle, formed for the purpose of acquiring through an unidentified operating business..


Contact Information:
TransTech Services Partners Inc.
Attn: CFO
445 Fifth Avenue
Suite 30H
New York, NY 10016
[phone]
http://www.transtechservicespartners.com

SOURCE TransTech Services Partners Inc.



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TransTech Services Partners Inc.
[phone]