GSC Acquisition Company Confirms Inclusion of Going-Concern Qualification in Its Annual Report

NEW YORK, March 6  /PRNewswire-FirstCall/ -- GSC Acquisition Company (NYSE Alternext US: GGA) (the "Company") today announced, in compliance with the NYSE Alternext US Company Guide Rule 610(b) requiring a public announcement of the receipt of an audit opinion containing a going-concern qualification, that the Company's consolidated financial statements for the fiscal year ended December 31, 2008, included in its Annual Report on Form 10-K filed with the Securities and Exchange Commission, contained a going-concern qualification from its auditors. This announcement does not reflect any change or amendment to the financial statements as filed.

FORWARD-LOOKING STATEMENTS

This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words "anticipates", "may", "can", "believes", "expects", "projects", "intends", "likely", "will", "to be" and other expressions that are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward-looking statements.  These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements.  These risks and uncertainties include, but are not limited to, uncertainties regarding the Company's ability to meet the continued listing standards of the Exchange.  There is no assurance that the Company's expectations will be realized.  If one or more of these risks or uncertainties materialize, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.  Except for our ongoing obligations to disclose material information under the Federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.

  Contact:
  Carl J. Crosetto
  GSC Group
  973-437-1007


DATASOURCE: GSC Acquisition Company



CONTACT:  Carl J. Crosetto, GSC Group, [phone], Roland Tomforde,

Broadgate Consultants, LLC, [phone]

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