SOURCE: Angel Acquisition Corp.

March 09, 2010 09:15 ET

Angel Acquisition Corp. Announces the First Halo Effect

CARSON CITY, NV--(Marketwire - March 9, 2010) -  Angel Acquisition Corp. (OTCBB: AGEL) is pleased to announce the first ever Halo Effect on its microfinance website:

The Halo Effect is part of Angel In Action's new Spend to Lend program. Generous patrons called "Angels" spend $25 US dollars, and for their purchase they receive valuable product. Angels In Action then lends portions of the proceeds to an American entrepreneur in need of a micro-loan. Plus AIA donates 10 percent to a charity. The first ever Halo Effect features: Arnie, an American entrepreneur seeking a micro-loan of 10,000 US dollars.

In 2001 Arnie's son was involved in a devastating auto accident, and his son suffered a severe brain injury. Arnie and his wife have since dedicated their lives to creating the Neuro Institute, in order to care for Brandon and others. They have also created DVDs and written a book. They will use the microloan to fundraise for their foundation, and to market the DVDs and book.

When generous Angels Spend to Lend towards Arnie, they will receive the book "New Day Revolution" written by Sam Davidson and Stephen Moseley.

And, Angels In Action will donate 10 percent of each Spend to an official AIA endorsed charity.

Learn more about the Halo Effect by visiting the following websites:

The Halo Effect Newsletter:

Arnie's profile on the Angels In Action website:

The "New Day Revolution" book:

The Halo Effect on the Angels In Action website:

From time to time, the Company may issue news releases that contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be 'forward-looking statements.' 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

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