Echo Healthcare to Present at the Piper Jaffray 19th Annual Health Care
Conference
VIENNA, Va., Nov. 26 /PRNewswire-FirstCall/ -- Echo Healthcare Acquisition
Corp. ("Echo" or the "Company") (OTC Bulletin Board: EHHA), a blank check
company, today announced that its management team will present at the Piper
Jaffray 19th Annual Health Care Conference on Wednesday, November 28 at 10:30
a.m. Eastern Time at the Pierre Hotel in New York City.
The Echo presentation will be web cast live and an archived version will
be stored on the company's web site for 30 days. To access the live or
archived presentations, visit the Echo Healthcare web site,
http://www.echohealthcare.com. A copy of the slides used in the presentation
will be filed with U.S. Securities & Exchange Commission.
About Echo Healthcare Acquisition Corp.
Echo Healthcare Acquisition Corp. is a blank check company that was formed
on June 10, 2005 to serve as a vehicle for the acquisition of one or more
domestic or international operating businesses in the healthcare industry. On
March 22, 2006, Echo consummated its initial public offering ("IPO") of
6,250,000 Units. On March 27, 2006, the Company consummated the closing of
937,500 additional Units subject to the underwriters' over-allotment option.
The 7,187,500 Units sold in the IPO (including the 937,500 Units subject to
the underwriters' over-allotment option) were sold at an offering price of
$8.00 per Unit, which together with the private placement of the 458,333
warrants to certain stockholders and directors of the Company at an offering
price of $1.20 per share, generated total gross proceeds of $58,050,000. Of
this amount, $54,947,000 was placed in trust. Echo common stock trades on the
OTC Bulletin Board under the symbol EHHA.OB. To learn more about Echo, visit
the website at http://www.echohealthcare.com.
About XLNT Veterinary Care, Inc.
XLNT Veterinary Care, Inc. is a provider of veterinary primary care and
specialized services to companion animals through a network of fully-owned
veterinary hospitals. XLNT currently owns and operates 26 veterinary
hospitals in the state of California.
Additional Information about the Merger and Where to Find It
Echo has filed a Registration Statement on Form S-4 with the Securities
and Exchange Commission ("SEC") in connection with the merger, and has mailed
a Proxy Statement/Prospectus concerning the proposed merger transaction to
stockholders of record as of November 7, 2007. INVESTORS AND SECURITY HOLDERS
OF ECHO ARE URGED TO READ BOTH THE PROXY STATEMENT/PROSPECTUS AND RELATING
SUPPLEMENT CAREFULLY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT ECHO,
XLNT, THE MERGER AND RELATED MATTERS. Investors and security holders may
obtain the documents free of charge at the SEC's web site at
http://www.sec.gov. In addition, investors and security holders may obtain
free copies of the documents filed with the SEC by Echo by directing a written
request to: Corporate Secretary, Echo Healthcare Acquisition Corp., 8000
Towers Crescent Drive, Suite 1300, Vienna, VA 22182, or by visiting Echo's web
site at http://www.echohealthcare.com. Investors and security holders are
urged to read the supplement to the proxy statement/prospectus, the proxy
statement/prospectus itself and the other relevant materials when they become
available before making any voting or investment decision with respect to the
merger.
In addition to the Registration Statement, Proxy Statement/Prospectus and
supplements to the Proxy Statement/Prospectus, Echo files annual, quarterly
and special reports, proxy statements and other information with the SEC. You
may read and copy any reports, statements or other information filed by Echo
at the SEC public reference room at 100 F Street, N.E., Washington, D.C.
20549. Please call the SEC at 1-800-SEC-0330 for further information on the
public reference room. Echo's filings with the SEC are also available to the
public from commercial document retrieval services and at the SEC's web site
at http://www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.
Echo will be soliciting proxies from the stockholders of Echo in
connection with the merger and issuance of shares of Echo common stock in the
merger. Information about the participants in the solicitation and their
interests in the merger is included in the Proxy Statement/Prospectus.
Safe Harbor Statement
Except for the historical information contained herein, certain matters
discussed in the accompanying interview transcript, including statements as to
the expected benefits of the combination of the two companies, future product
and service offerings, expected synergies, and timing of closing, are
forward-looking statements. These forward-looking statements are subject to
risks and uncertainties that may cause actual results to differ materially,
including, but not limited to, the satisfaction of certain conditions to
closing of the proposed merger, including the risk that stockholder approval
might not be obtained in a timely manner or at all, the ability to
successfully integrate the two companies and achieve expected synergies
following the merger, the ability of the combined company to successfully
acquire, integrate and operate veterinary hospitals and clinics, requirements
or changes affecting the businesses in which XLNT is engaged, veterinary
services trends, including factors affecting supply and demand, dependence on
acquisitions for growth, labor and personnel relations, changing
interpretations of generally accepted accounting principles and other risks
detailed from time to time in the SEC reports of Echo, including its Form 10-K
and 10-Q filings, and the Form S-4 Registration Statement. These
forward-looking statements speak only as of the date hereof. Echo disclaims
any intention or obligation to update or revise any forward-looking
statements.
For Further Information:
AT ECHO HEALTHCARE: AT FINANCIAL RELATIONS BOARD:
Joel Kanter Kathy Price
President and Secretary General Information
Echo Healthcare Acquisition Corp. (213) 486-6547
(703) 760-7888 kprice@frbir.com
SOURCE Echo Healthcare Acquisition Corp.
Joel Kanter, President and Secretary of Echo Healthcare Acquisition Corp.,
+1-703-760-7888; or Kathy Price, General Information of Financial Relations
Board, +1-213-486-6547, kprice@frbir.com, for Echo Healthcare Acquisition
Corp.
