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8-K - Cullen Agricultural Holding Corp | v163692_8k.htm |
Exhibit
99.1
For
Immediate Release
CULLEN
AGRICULTURAL HOLDING CORP. ANNOUNCES NEW STOCK SYMBOLS
WATKINSVILLE,
GEORGIA, October 23, 2009 – Cullen Agricultural Holding Corp. (“CAH”) today
announced that the trading symbols for its common stock and warrants on the
Over-the-Counter Bulletin Board will be CAGZ and CAGZW,
respectively. CAH’s securities ceased trading on the NYSE Amex upon
consummation of the recently completed business combination with Triplecrown
Acquisition Corp. and Cullen Agricultural Technologies Inc. (“Cullen
Agritech”).
About
Cullen Agricultural Technologies Inc.
Cullen
Agritech is a newly formed company committed to the development and
commercialization of advanced agricultural technologies. Cullen Agritech’s
principal focus will be to improve agricultural yields through pasture and
animal sciences.
Natural
Dairy Inc. (“Natural Dairy”), a wholly owned subsidiary of Cullen Agritech, will
rollout Cullen Agritech’s multi-farm dairy operation in the Southeastern United
States utilizing the Cullen Agritech farming system. Natural Dairy will be
acquiring and converting farmland for the development of pasture based dairy
farming operations to produce fresh liquid milk for the Eastern Seaboard. The
Eastern Seaboard represents one of the largest fresh liquid milk markets in the
world but is currently undersupplied of liquid milk due to a lack of regionally
based milk producers. By utilizing an efficient, pasture-based farming system,
Natural Dairy will help bridge this supply gap by producing milk in the
Southeastern States at a substantially lower cost than could be achieved through
the traditional dairy farming model.
Forward
Looking Statements
This
press release includes forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995 that
involve risks and uncertainties. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, based upon the current beliefs and expectations of CAH’s management,
are subject to risks and uncertainties, which could cause actual results to
differ from the forward looking statements.
Cullen
Agricultural Technologies Inc. Contact:
Miles
Leahy
212-521-4396