MONTVALE, N.J., April 28 Highlands AcquisitionCorp. (Amex: HIA.U, HIA, and HIA.WS), (the "Company") announced today that onApril 24, 2008, the Company received a letter from the American Stock Exchange(the "Amex") finding that, as a result of the appointment of Mr. Ronnie P.Barnes, an independent director, to our Board of Directors, the Companyregained compliance with the Amex listing requirement that at least a majorityof the directors on the Company's Board of Directors be independent directorsas set forth in the Amex Company Guide.
About Highlands Acquisition Corp.
Highlands Acquisition Corp. is a blank check company formed for thepurpose of effecting a merger, capital stock exchange, stock purchase, assetacquisition or other similar business combination with one or more operatingbusinesses. The Company's efforts in identifying a prospective target businesswill not be limited to a particular industry, although it initially intends tofocus its search for a target business in the healthcare industry.
This press release may contain forward-looking statements within themeaning of the federal securities laws. These forward-looking statementsinherently involve risks and uncertainties that are detailed in the Company'sprospectus and other filings with the Securities and Exchange Commission and,therefore, actual results could differ materially from those projected in theforward-looking statements. The Company assumes no obligation to updatepublicly or revise any forward-looking statements, whether as a result of newinformation, future events or otherwise.
SOURCE Highlands Acquisition Corp.