Artemis Acquisition Corp. retains Vertical Group As Its Financial Advisor

Artemis Acquisition Corp. retains Vertical Group As Its Financial Advisor

PR Newswire

NEW YORK, Dec. 14, 2012 /PRNewswire/ — Artemis Acquisition Corp. (the “Company”) announced today that it has retained the Vertical Group (“Vertical”), a full-service investment banking and securities firm, as its financial advisor in its proposed acquisition of Travel Center Partners, Inc. Vertical will also be assisting the Company in its application to FINRA (Form 211) in accordance with SEC Rule 15c2-11 to commence trading.

Artemis Acquisition Corp., a Delaware corporation, also has previously announced they intend to acquire Travel Center Partners, Inc., a South Carolina corporation. Travel Center Partners, Inc. currently operates six 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 c-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’s strategy is to initially focus on the south east portion of the U.S. to increase its retail and brand footprint and then to seek to expand nationwide in the coming years. Travel Center Partners currently employs over 60 employees with the six businesses owned/operated. Travel Center Partners has entered into more than 20 other negotiations to purchase 11 full service car wash locations, additional Dairy Queen-Orange Julius/Grill & Chill locations, and additional c-stores.

Robert Nash, the Senior VP of Artemis Acquisition Corp., and head of investment relations for Artemis Acquisition Corp., states that “TCP currently generates revenues, of approximately $22m per year through its six businesses in South Carolina and Georgia. We look forward to consummating the acquisition and making TCP a significant asset in the Artemis portfolio.” To learn more about Artemis Acquisition Corp. view: http://artemisacquisitioncorp.com/

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 within 90 days.

ABOUT VERTICAL GROUP:
The Vertical Group is a full-service investment banking firm headquartered in New York City. Vertical Group provides a full array of financial services including investment banking, global institutional equity, fixed-income and derivatives sales and trading as well as market-making. The investment banking group focuses on middle market and emerging growth companies within the metals and mining, energy, agriculture, technology, telecommunications, financials, consumer products, real estate and hospitality, transportation and industrials, infrastructure, sustainability and clean-tech, healthcare and life sciences, support services, aerospace and defense, and leisure. The institutional coverage of Vertical Group extends to North and South America, Europe and Asia. Vertical Group is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Securities Insurance Protection Corporation (SIPC); NASDAQ Stock Market, BATS Exchange and DirectEdge. To learn more about the Vertical Group, visit www.vertgrp.com.

Investor Relations Contact:
Mr. Robert Nash
Senior VP
Artemis Acquisition Corp.
(315) 652-2274 – direct line

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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