Bergamo Acquisition Corp. (BGMO)

[Greengo]

NEWS UPDATE !!!

Bergamo Acquisition Corp. Renegotiates Its Agreement with Esoft


Essential Elements of Agreement Stay in Place
LAS VEGAS, Feb 05, 2010 (BUSINESS WIRE) -- Bergamo Acquisition Corp. (OTC Pink Sheets: BGMO) is addressing the many questions that have surrounded its funding agreements. First the funding agreement with Esoft Informatics Private Ltd., originally announced on January 12, 2010, has been renegotiated to the benefit of Bergamo shareholders. The terms of the funding has been changed from a loan to an equity investment. Funding of this transaction is anticipated to take place when Mr. Herzog travels to India next week to meet with Mr. Vivek Sinha, the President of Esoft Informatics Private Ltd.
In addition, the previous announcement concerning the Company's funding through its European banking associates will now be addressed as part of Mr. Herzog's travels which start in India and conclude in London.

It is important to note that previous announcements concerning the Pakistani Energy Projects are still valid. The Company, through Mr. Herzog, would like to positively state that all prior announcements regarding funding of the energy projects as well, as the Company's overall involvement in these energy projects, will be followed through to completion. Again, the Company, through Mr. Herzog, would like to positively state that these energy projects will be funded and completed without delay.

All of other acquisitions are still in place as well. These include GreenSafe Demanufacturing Inc., Suntrough Energy Inc., and the Mobile Software Technologies company from Japan.

Today, Mr. Herzog will appear on the Big Biz Radio Show to discuss this further. His appearance will start at approximately 2:20 PM Pacific time. Those interested can listen or watch live by visiting: http://bigbizshow.com/

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.

SOURCE: Bergamo Acquisition Corp.



CONTACT:
Bergamo Acquisition Corp. Hillard Herzog, President & CEO, 702-269-0820 [e-mail] www.BergamoCorp.com or Quarterback Investor Relations John Pentony, President, 972-292-8930 [e-mail] or The Eversull Group, Inc. Jack Eversull, President, 972-378-7917 or 972-571-1624 [e-mail]
Copyright Business Wire 2010
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KEYWORD: United States
India
Asia Pacific
North America
Nevada
INDUSTRY KEYWORD: Professional Services
Finance
SUBJECT CODE: Contract/Agreement
Funding
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