Cambridge Capital Acquisition Corporation Reschedules Date of Special Meeting to Approve Business Combination With Parakou Tankers, Inc. and Announces Mailing Date for Definitive Proxy Statement - Seite 3

Additional Information and Where to Find It

The proposed business combination will be submitted to the stockholders of Cambridge for their consideration. In connection with the proposed business combination, Cambridge and Cambridge Holdco, Inc., Cambridge's wholly-owned subsidiary ("Holdco") will prepare a definitive registration statement on Form S-4 that includes a proxy statement/prospectus for the stockholders of Cambridge to be filed with the Securities and Exchange Commission ("SEC") and mailed to the stockholders of Cambridge. Cambridge urges investors, stockholders and other interested persons to read the definitive proxy statement/prospectus, as well as other documents filed with the SEC, because these documents contain important information. Such persons can also read Cambridge's final prospectus, dated December 17, 2013, and Cambridge's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, for a description of the security holdings of the Cambridge officers and directors and of EBC and their respective interests as security holders in the successful consummation of the transactions described herein. Cambridge's definitive proxy statement/prospectus included in Holdco's registration statement will be mailed to stockholders of Cambridge as of the record date for voting on the transactions described in this press release. Stockholders will also be able to obtain a copy of such documents, without charge, by directing a request to: Cambridge Capital Acquisition Corporation, 525 South Flagler Drive, Suite 201, West Palm Beach, Florida 33701. These documents and Cambridge's IPO final prospectus and Annual Report on Form 10-K can also be obtained, without charge, at the Securities and Exchange Commission's web site (http://www.sec.gov).

Participants in Solicitation

Cambridge and its directors and executive officers and EBC may be deemed to be participants in the solicitation of proxies for the special meeting of Cambridge stockholders to be held to approve the business combination described in this press release. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders of Cambridge in connection with the proposed business combination is set forth in Amendment No. 3 to the Registration Statement of Holdco and the proxy statement of Cambridge, each filed with the SEC on March 19, 2015. You can also find information about Cambridge's executive officers and directors in its Annual Report on Form 10-K, which was filed with the SEC on March 3, 2015. You can obtain free copies of these documents from Cambridge using the contact information above.