Artemis Acquisition Corp. Intends to Acquire Travel Center Partners, Inc.

Artemis Acquisition Corp. Intends to Acquire Travel Center Partners, Inc.

PR Newswire

HILTON HEAD, S.C., Sept. 14, 2012 /PRNewswire/ — Artemis Acquisition Corp., a Delaware corporation, announced today the decision to acquire Travel Center Partners, Inc., a South Carolina corporation.

Travel Center Partners, Inc. currently operates five businesses in South Carolina and Georgia. Travel Center Partners, Inc.’s foundation is commercial real estate development anchored with the food/gas/beverage industry. Mainly convenience stores, gas stations, truck stops/travel centers, branded with restaurants, car washes and more.

Pursuant to the terms and conditions of the contract are being finalized at this time.

Artemis’ strategy is to initially focus on the south east portion of the U.S. to increase its (retail or brand) footprint and then to seek to expand nationwide in the coming years. Travel Center Partners currently employs over 60 employees.

Robert Nash, the Senior VP of Artemis Acquisition Corp., who also heads up the investment relations department for Artemis Acquisition Corp., states that “TCP currently generates revenues of $22m per year through its five businesses in South Carolina and Georgia. We look forward to consummating the acquisition and making TCP a significant asset in the Artemis portfolio.”

ABOUT ARTEMIS ACQUISITION CORP.

Artemis Acquisition Corp. recently became a public company reporting under the Securities Exchange Act of 1934, as amended. Currently, the Company’s common stock is not approved for trading by FINRA but the Company anticipates seeking necessary regulatory approvals to begin trading on the OTC Bulletin Board by the end of 2012.

Forward-looking Statements:

Certain of the matters discussed in this announcement contain forward-looking statements that involve material risks to and uncertainties in the company’s business that may cause actual results to differ materially from those anticipated by the statements made herein. Such risks and uncertainties include, among other things, our ability to establish and maintain operations; the availability of financing; the company’s ability to implement its long range business plan; the company’s ability to enter into agreements with any necessary partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances; and management of growth and other risks and uncertainties that may be detailed from time to time in the company’s reports filed with the Securities and Exchange Commission. This is not a solicitation to buy or sell securities and does not purport to be an analysis of the company’s financial position. See the company’s most recent Quarterly Report on Form 10-Q and related 8-K filings.

SOURCE Artemis Acquisition Corp.

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