Bergamo Acquisition Corp. (BGMO)

[Greengo]

Bergamo Acquisition Corp. CEO Hillard Herzog to Travel to London to Close on Financing for the Previously Announced Energy Projects
Ticker Symbol: U:BGMO


LAS VEGAS -- (Business Wire) --

Hillard Herzog, CEO of Bergamo Acquisition Corp. (Pink Sheets: BGMO), announced today its wholly owned subsidiary, Bergamo E&A, a Pakistani Corporation, will close the financing for the Company�s Pakistani Energy Projects in London next week. A clean coal energy plant in Pakistan is the Company�s first project. Bergamo Acquisition Corp. will forward a letter to the Pakistan Government confirming that funding for the clean coal energy plant is available in the amount of $501,953,400, after the scheduled meeting.

Upon the proof of funding, the Government of Pakistan, pursuant to the Letter of Intent, will prepay 14% of the energy purchases for the plant�s first five years of energy production. Energy sales are contracted to be $208M USD per year. This agreed fee is projected to be approximately $140M USD and will be paid to Bergamo E&A.

Although the timeline for some of the meetings has been pushed back due to travel concerns in light of the H1N1 virus, Bergamo is following its timeline in order. Next week's London meeting is to close on the financing.

Following the London meeting, Mr. Herzog will return to a meeting in New York late next week. This will be to wrap up final details of the domestic financing for $100M USD. The domestic financing is totally separate and apart from the international financing and will cover a number of domestic acquisitions.

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

Bergamo Acquisition Corp.
Hillard Herzog, President & CEO, 702-269-0820
[e-mail]
www.BergamoCorp.com
or
Investor Relations:
Quarterback Investor Relations
John Pentony, President
[e-mail]
or
The Eversull Group, Inc.
Jack Eversull, President
[e-mail]