Saturday, December 29, 2007

HAC SPAC Meeting Setback

Boston-based Harbor Acquisition Corporation (Amex: HAC; HAC.U; HAC.WS; "Harbor") announced today that it intends to further adjourn the special meeting of its stockholders now scheduled for 10:00 a.m. (EST) on Friday, December 21, 2007, without conducting any business, and reconvene the special meeting at 10 a.m. (EST) on Monday, December 31, 2007, in order to give it more time to solicit proxies and its stockholders additional time to consider and vote on the proposed acquisition of Elmet Technologies, Inc., and the related proposals at the special meeting.

The reconvened special meeting on December 31, 2007 will be held at the offices of Davis, Malm & D'Agostine, P.C., One Boston place, 37th Floor, Boston, Massachusetts, the same location as described in the original notice for the special meeting.

Harbor encourages all its stockholders to vote at the reconvened [a/k/a New Year's Eve] special meeting.

About Elmet Technologies, Inc.

Originally founded in 1929, Elmet became an independent company in early 2004 when its current CEO Jack Jensen led the management buyout of Elmet from its former parent, Philips Electronics North America Corporation.

Read more >>> press release


UPDATE: Harbor Acquisition Corporation Announces Further Adjournment of Its Special Meeting of Stockholders to February 8, 2008