NEW YORK, Aug. 8, 2008 (PRIME NEWSWIRE) -- Fortissimo Acquisition Corp. (OTCBB:FSMO) (OTCBB:FSMOW) (OTCBB:FSMOU) ("Fortissimo"), announced today that it has set the close of business on August 11, 2008 (the "Record Date") as the record date for determining the stockholders entitled to receive notice of and vote at its upcoming annual meeting of stockholders. At the meeting, stockholders will vote on, among other matters, a proposal to approve the Agreement and Plan of Merger and Interests Purchase Agreement, dated as of January 15, 2008, and amended on May 12, 2008 and August 1, 2008, among Fortissimo, Psyop, Inc. ("Psyop"), Psyop Services, LLC and the shareholders of Psyop, which, among other things, provides for the merger of Psyop into Fortissimo. The full meeting agenda will be detailed in the proxy statement to be mailed to all stockholders of record on or about August 12, 2008. The annual meeting is scheduled to be held on September 24, 2008.
Ensuring Your Vote is Counted
In advance of the Record Date, Fortissimo advises holders of its securities to move these securities into accounts which do not permit the lending of securities, so called cash accounts or segregated accounts, and out of accounts that permit the lending of securities, such as margin accounts. These steps are designed to ensure that votes related to common and common shares beneficially owned by stockholders are properly counted. Beneficial owners of common shares that have been lent out (either with or without the beneficial owners' knowledge) are not permitted to vote those shares.
About Psyop, Inc.
Headquartered in New York City, Psyop, Inc. is an award-winning provider of design based 3D animation, innovative visual effects and digital content for the advertising market. The company produces creative advertisements on behalf of premier brands in a variety of industries, including: food and beverage, sports, automotive, retail and financial services. In addition to its creative production for television advertising, Psyop has recently expanded into producing content for other growing forms of electronic marketing including short themed branded films, ads shown in movie theaters, in-store and site specific presentations and the Internet. For more information, please visit www.psyop.tv.
About Fortissimo Acquisition Corp.
Fortissimo Acquisition Corp. was formed on December 27, 2005 to serve as a vehicle to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business that has operations or facilities located in Israel, or that is a company operating outside of Israel which management believes would benefit from establishing operations or facilities in Israel. Fortissimo consummated its initial public offering in October 2006. As of July 31, 2008, Fortissimo held approximately $27.9 million in a trust account maintained by an independent trustee, which will be released to Fortissimo upon the consummation of the business combination.
Not a Proxy Statement
This press release is not a proxy statement or a solicitation of proxies from the holders of common stock of Fortissimo and does not constitute an offer of any securities of Fortissimo for sale. In connection with the proposed acquisitions, Fortissimo has filed a preliminary proxy statement with the Securities and Exchange Commission. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT THAT WILL BE MAILED TO ALL STOCKHOLDERS OF RECORD BECAUSE IT CONTAINS IMPORTANT INFORMATION ABOUT FORTISSIMO AND PSYOP. Any solicitation of proxies will be made only by Fortissimo's definitive proxy statement. Investors and security holders may obtain a free copy of the definitive proxy statement and other documents filed by Fortissimo at the Securities and Exchange Commission's web site at www.sec.gov.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about Fortissimo, Psyop and their combined business after completion of the proposed acquisition.
Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of Fortissimo's and Psyop's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Several factors could cause actual results to differ from those set forth in the forward-looking statements including the risks detailed in Fortissimo's filing with the Securities and Exchange Commission, including its reports on Form 10-KSB and Form 10-Q.