Black Birch Capital Acquisition I Corp.
TSX VENTURE : BBC.P

September 15, 2010 17:07 ET

Black Birch Capital Terminates Previously Announced Transaction With Enwise Holdings

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2010) - Black Birch Capital Acquisition I Corp. ("Black Birch") (TSX VENTURE:BBC.P), a capital pool company (as defined in Policy 2.4 (the "CPC Policy") of the TSX Venture Exchange (the "Exchange")), today terminated its previously announced (see June 8, 2010 press release) proposed qualifying transaction with Enwise Holdings Inc.

Black Birch is considering currently available alternative qualifying transactions and will be making further announcements as to their efforts as soon as practically possible.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results inferred or suggested in any forward-looking statements. Black Birch assumes no obligation to update the forward-looking statements, or to update the reasons why actual results may differ from those reflected in forward-looking statements unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in Black Birch's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither TSX Venture exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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