Exhibit 99.1
Stock Symbols: OTCBB: CNCT.OB, CNCTU.OB, CNCTW.OB
June 4, 2008
180 Connect Inc. Announces Record Date and Meeting Date for
Special Stockholder Meeting
Toronto, Ontario, Englewood, CO.— June 4, 2008 — 180 Connect Inc. (“180 Connect” or the
“Company”) (OTCBB: CNCT.OB, CNCTU.OB, CNCTW.OB), announced today that its Board of Directors has
approved July 8, 2008 as the date for a special meeting of stockholders to vote on the proposed
acquisition of 180 Connect by DIRECTV Enterprises, LLC and has approved June 4, 2008 as the record
date for the meeting. On May 16, 2008, 180 Connect filed a preliminary proxy statement in
connection with the proposed transaction with the Securities and Exchange Commission and on June 4,
2008, filed the definitive proxy statement. The Company anticipates
that the definitive proxy statement will be mailed together
with a proxy card to 180 Connect stockholders of record as of the
record date on or about June 6, 2008.
Important Additional Information will be Filed with the SEC
In connection with the proposed merger, 180 Connect has filed a proxy statement with the Securities
and Exchange Commission. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE FINAL PROXY
STATEMENT, BECAUSE IT CONTAINS IMPORTANT INFORMATION ABOUT THE MERGER AND THE PARTIES THERETO.
Investors and security holders may obtain a free copy of the proxy statement and other documents
filed by 180 Connect at the Securities and Exchange Commission’s Web site at http://www.sec.gov.
The proxy statement and such other documents may also be obtained for free from 180 Connect by
directing such request to 180 Connect Inc., 6501 E. Belleview Avenue Englewood, Colorado 80111,
Attention: Chief Financial Officer.
Participants in the Solicitation
180 Connect and its directors, executive officers and other members of its management and employees
may be deemed to be participants in the solicitation of proxies from its stockholders in connection
with the proposed merger. Information concerning the interests of 180 Connect’s participants in the
solicitation, which may be different than those of 180 Connect stockholders generally, is set forth
in 180 Connect’s proxy statements and Annual Reports on Form 10-K, previously filed with the
Securities and Exchange Commission, and in the proxy statement relating to the merger.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on current 180 Connect management
expectations. Those forward-looking statements include all statements other than those made solely
with respect to historical fact. Numerous risks, uncertainties and other factors may cause actual
results to differ materially from those expressed in any forward-looking statements. The following
factors, among others, including those contained in 180 Connect’s filings with the SEC, including
its Annual Report on Form 10-K for its most recent fiscal year, especially in the Management’s
Discussion and Analysis section and its Current Reports on Form 8-K, could also cause actual
results to differ materially from those described in the forward-looking statements: the occurrence
of any event, change or other circumstances that could give rise to the termination of the merger agreement; the outcome of any legal proceedings that may
be
instituted against 180 Connect and others following announcement of the merger agreement; the
inability to complete the merger due to the failure to obtain stockholder approval or the failure
to satisfy other conditions to completion of the merger; risks that the proposed transaction
disrupts current plans and operations and the potential difficulties in employee retention as a
result of the merger; the ability to recognize the benefits of the merger; and, the amount of the
costs, fees, expenses and charges related to the merger. Many of the factors that will determine
the outcome of the subject matter of this press release are beyond 180 Connect’s ability to control
or predict. 180 Connect undertakes no obligation to revise or update any forward-looking
statements, or to make any other forward-looking statements, whether as a result of new
information, future events or otherwise.
About 180 Connect Inc.
180 Connect Inc. is one of North America’s largest providers of installation, integration and
fulfillment services to the home entertainment, communications and home integration service
industries. With more than 4,000 skilled technicians and 750 support personnel based in over 85
operating locations, 180 Connect is well positioned as the only pure play national residential
service provider in the market. 180 Connect shares are traded under the name of 180 Connect Inc. on
the OTCBB under the symbols CNCT.OB, CNCTU.OB and CNCTW.OB. For more information about 180 Connect
Inc, please visit www.180connect.net.
About DIRECTV, Inc.
DIRECTV, Inc. (NASDAQ:DTV), the nation’s leading satellite television service provider, presents
the finest television experience available to more than 16.8 million customers in the United States
and is leading the HD revolution with 95 national HD channels – more quality HD channels than any
other television provider. Each day, DIRECTV subscribers enjoy access to over 265 channels of 100%
digital picture and sound, exclusive programming, industry-leading customer satisfaction (which has
surpassed cable for seven years running) and superior technologies that include advanced DVR and
HD-DVR services and the most state-of-the-art interactive sports packages available anywhere. For
the most up-to-date information on DIRECTV, please visit www.directv.com.
For information please contact the following or visit 180 Connect’s website at www.180connect.net.
Claudia A. Di Maio
180 Connect Inc.
TEL: 866.995.8888
DIRECT LINE: 416. 930.7710
EMAIL: cdimaio@180connect.net
Devlin Lander
Integrated Corporate Relations
TEL.:415.292.6855