NEW 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 (212) 696-5977 http://www.transtechservicespartners.com/ TRANSTECH SERVICES PARTNERS INC. 445 Fifth Avenue, Suite 30H New York, NY 10016 (212) 696-5977 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
TransTech Services Partners Inc.
CONTACT: TransTech Services Partners Inc. CFO, +1-212-696-5977
Web Site: http://www.transtechservicespartners.com/
