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  <p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;">UNITED STATES<br>
  SECURITIES AND EXCHANGE COMMISSION</font></b></p>
  
  <p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Washington, D.C. 20549</font></b></p>
  
  <p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>
  
  <p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;text-transform:uppercase;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;text-transform:none;">FORM&nbsp;8-K</font></b></p>
  
  <p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>
  
  <p style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT REPORT<br>
  Pursuant to Section&nbsp;13 or 15 (d)&nbsp;of the Securities Exchange Act of
  1934</font></b></p>
  
  <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">April&nbsp;30,
  2008/April&nbsp;24, 2008<br>
  </font></b>(Date of Report/Date of Earliest Event Reported)</p>
  
  <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-weight:bold;margin:0in 0in .0001pt;text-align:center;text-transform:uppercase;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;text-transform:none;">GRANAHAN MCCOURT ACQUISITION
  CORPORATION</font></b></p>
  
  <p style="font-style:italic;margin:0in 0in .0001pt;text-align:center;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">(Exact name of registrant as
  specified in its charter)</font></i></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align="center">
  
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   <tr>
    <td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
    <p style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.0%;">
    <p style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">001-33075</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="35%" valign="top" style="padding:0in 0in 0in 0in;width:35.0%;">
    <p style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">02-0781911</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
    <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(State
    or other jurisdiction of incorporation)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.0%;">
    <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission
    File Number)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="35%" valign="top" style="padding:0in 0in 0in 0in;width:35.0%;">
    <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(I.R.S
    Employer Identification No.)</font></p>
    </td>
   </tr>
  </table>
  
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  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">179 Stony Brook Road<br>
  Hopewell, NJ&#160; 08525</font></b><br> (Address of
  principal executive offices)</p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registrant&#146;s
  telephone number, including area code:<b>&#160; </b></font><b>(609) 333-1200</b></p>
  
  <p style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Not
  Applicable</font></b><br> (Former name
  or former address, if changed since last report)</p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check
  the appropriate box below if the Form&nbsp;8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any of the
  following provisions:</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">x</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Written
  communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR
  230.425)</p>
  
  <p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">x</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Soliciting
  material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR
  240.14a-12)</p>
  
  <p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Pre-commencement
  communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange Act (17
  CFR 240.14d-2(b))</p>
  
  <p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Pre-commencement
  communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange Act (17
  CFR 240.13e-4(c))</p>
  
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  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
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  <!-- SEQ.=1,FOLIO='',FILE='C:\JMS\eudelhofen\08-12981-1\task2907423\12981-1-ba.htm',USER='eudelho',CD='Apr 30 16:19 2008' -->
  
  
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  <h1 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h1>
  
  <h1 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 1.01 Entry into a Material Definitive Agreement.<a name="Item1_01EntryIntoAMaterialDefinit_050757"></a></font></b></h1>
  
  <h1 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h1>
  
  <h2 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Merger Agreement</font></b></h2>
  
  <h2 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On April&nbsp;24,
  2008, Granahan McCourt Acquisition Corporation (the &#147;Company&#148;) executed an
  Agreement and Plan of Merger (&#147;Merger Agreement&#148;) with Satellite Merger Corp.,
  a Georgia corporation and wholly-owned subsidiary of the Company (&#147;Merger Sub&#148;),
  Pro Brand International,&nbsp;Inc., a Georgia corporation (&#147;PBI&#148;) and certain
  equity holders of PBI (collectively, &#147;Sellers&#148;). Pursuant to the Merger
  Agreement, Merger Sub will be merged with and into PBI, with PBI continuing as
  the surviving corporation and a wholly-owned subsidiary of the Company.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
  press release announcing the execution of the Merger Agreement is attached
  hereto as Exhibit&nbsp;99.1. The following summary of the merger and the Merger
  Agreement does not purport to be complete and is qualified in its entirety by
  reference to the Merger Agreement, which is filed as Exhibit&nbsp;2.1 hereto,
  and is incorporated into this report by reference.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">Purchase Price and Earnout</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
  Merger Agreement provides that the purchase price payable at closing will be
  $55 million in cash and $20 million in Company common stock.&#160; PBI&#146;s equity holders may also become eligible
  for earnout payments based on PBI&#146;s 2008, 2009 and 2010 EBITDA (adjusted to exclude,
  among other items, costs associated with SEC disclosure or with listing on a
  stock exchange, expenses incurred in connection with the transaction, fees
  payable to the Company and its affiliates on an ongoing basis and the impact of
  any acquisitions completed during the earnout period) as outlined below.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>2008 Earnout:&#160; If 2008 adjusted EBITDA exceeds $14 million,
  then (i) for every $1.00 of adjusted EBITDA above $14 million up to a total of
  $15 million, the PBI equity holders, in the aggregate, are entitled to receive
  $2.25; (ii)&nbsp;for every $1.00 of adjusted EBITDA above $15 million up to a
  total of $17 million, the PBI equity holders, in the aggregate, are entitled to
  receive $2.75; and (iii)&nbsp;for every $1.00 of adjusted EBITDA above $17
  million, the PBI equity holders, in the aggregate,&#160; are entitled to receive $3.25.&#160; The 2008 earnout will be payable in cash up
  to $7.5 million; amounts in excess of $7.5 million will be payable in a
  combination of cash and stock determined at the discretion of the Company&#146;s
  Board of Directors.&#160; Should the Company
  be required to pay more than $5 million to Company shareholders that vote
  against the merger with PBI and exercise their conversion rights (&#147;Dissenters&#148;),
  the Company may reduce the amount of cash payable as part of the 2008 earnout
  and correspondingly increase the stock component of the 2008 earnout.</p>
  
  <p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>2009
  Earnout:&#160; If 2009 adjusted EBITDA exceeds
  $17 million, then (i)&nbsp;for every $1.00 of adjusted EBITDA above $17 million
  up to a total of $20 million, the PBI equity holders, in the aggregate, are
  entitled to receive $4.50; (ii)&nbsp;for every $1.00 of adjusted EBITDA above
  $20 million up to a total of $23 million, the PBI equity holders, in the
  aggregate, are entitled to receive $5.50; and (iii)&nbsp;for every $1.00 of
  adjusted EBITDA above $23 million, the PBI equity holders, in the aggregate,
  are entitled to receive $6.50.&#160; The 2009
  earnout will be payable in cash up to $5 million; the next $5 million will be
  payable 50% in cash and 50% in stock and amounts in excess of $10 million will
  be payable in a combination of cash and stock determined at the discretion of
  the Company&#146;s Board of Directors.&#160; Should
  the Company be required to pay more than $5 million to Dissenters, then, to the
  extent the Company has not fully &#147;offset&#148; such excess by substituting stock for
  cash in connection with the 2008 earnout, the Company may reduce the amount of
  cash payable as part of the 2009 earnout and correspondingly increase the stock
  component of the 2008 earnout.</p>
  
  <p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>2010
  Earnout:&#160; If 2010 adjusted EBITDA exceeds
  $19 million, then (i)&nbsp;for every $1.00 of adjusted EBITDA above $19 million
  up to a total of $22 million, the PBI equity holders, in the aggregate, are
  entitled to receive $2.8125; (ii)&nbsp;for every $1.00 of adjusted EBITDA above
  $22 million up to a total of $25 million, the PBI equity holders, in the
  aggregate, are entitled to receive $3.4375; and (iii)&nbsp;for every $1.00 of
  adjusted EBITDA above $25 million, the PBI equity holders, in the aggregate,
  are entitled to receive </p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='',FILE='C:\JMS\eudelhofen\08-12981-1\task2907423\12981-1-ba.htm',USER='eudelho',CD='Apr 30 16:19 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt .5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">$4.0625.&#160; The 2010 earnout will be payable in cash up
  to the first $5 million; the next $5 million will be payable 50% in cash and
  50% in stock and amounts in excess of $10 million will be payable in a
  combination of cash and stock determined at the discretion of the Company&#146;s
  Board of Directors.</font></p>
  
  <p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In
  connection with the proposed transaction, the Company obtained a fairness
  opinion from Houlihan Smith&nbsp;&amp; Company Inc., an unaffiliated, third
  party appraiser, to the effect that (i)&nbsp;the consideration to be paid by
  the Company in the merger is fair, from a financial point of view, to the
  shareholders of the Company, and (ii)&nbsp;the fair market value of PBI is at
  least equal to 80% of the net assets of the Company at the time of the merger.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">Representations and Warranties and Covenants</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
  parties to the Merger Agreement have made customary representations and
  warranties in the Merger Agreement.&#160; Such
  representations and warranties were made as of the date of the Merger Agreement
  or other dates specified therein, and such representations and warranties
  should not be relied upon by any other person or entity.&#160; The parties to the Merger Agreement have made
  customary covenants in the Merger Agreement.&#160;
  These covenants include, among others, (i)&nbsp;the Company&#146;s covenant
  to register with the Securities and Exchange Commission (the &#147;SEC&#148;) the
  issuance of the shares of its common stock to be issued in the merger on a
  registration statement on Form&nbsp;S-4 (the &#147;Registration Statement&#148;), and (ii)&nbsp;PBI&#146;s
  and Sellers&#146; covenants not to (x)&nbsp;solicit the submission of proposals
  related to alternative business combination transactions, (y)&nbsp;engage in
  any discussions or negotiations with, furnish non-public information relating
  to PBI to, or facilitate or encourage any proposal related to an alternative
  business combination transaction by a third party, or (z)&nbsp;enter into an
  agreement with respect to an alternative business combination transaction.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">Conditions to Closing</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
  closing of the merger is subject to (i)&nbsp;approval of the Merger Agreement
  by the Company&#146;s stockholders, (ii)&nbsp;the number of shares of Company common
  stock issued in its initial public offering with respect to which holders have
  exercised their cash conversion rights pursuant to Article&nbsp;Fifth of the
  Company&#146;s fourth amended and restated certificate of incorporation not equaling
  or exceeding 20%, (iii)&nbsp; the Registration Statement being declared
  effective by the SEC and (iv)&nbsp;certain other customary closing conditions.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consummation of the Merger</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Assuming
  the merger is consummated, the Company will no longer be a blank-check or
  special purpose acquisition corporation.&#160;
  If the Company does not complete the merger, it will continue as a
  blank-check company until it consummates another business combination or until
  the trust account is liquidated and the Company is dissolved, in either case,
  in accordance with the provisions of the Company&#146;s fourth amended and restated
  certificate of incorporation.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h2 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Voting Agreement</font></b></h2>
  
  <h2 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h2>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Concurrently
  with the Merger Agreement, holders of more than 70% of PBI&#146;s common stock
  entered into a voting agreement, dated as of April&nbsp;24, 2008 (the &#147;Voting
  Agreement&#148;) and attached hereto as Exhibit&nbsp;2.2, pursuant to which such
  holders have agreed, among other things, to vote all shares of PBI&#146;s common stock
  owned by them in favor of the approval of the Merger Agreement and the
  merger.&#160; In addition, each such holder
  has agreed to vote all the shares of PBI common stock owned by them against any
  action or agreement that would reasonably be expected to result in a breach in
  any material respect of any covenant, representation or warranty or any other
  obligation of PBI under the Merger Agreement, against any acquisition proposal
  and against any other proposal for action or agreement that is intended, or
  would reasonably be expected, to materially impede, interfere with, delay,
  postpone or adversely affect the consummation of the transactions contemplated
  by the Merger Agreement, against any change in the composition of the PBI
  board, other than as contemplated by the Merger Agreement or as recommended by
  a majority of the PBI board, and against any amendment to the articles of
  incorporation or by-laws of PBI, other than as contemplated by the Merger
  Agreement.&#160; Each such holder has also
  agreed not to transfer, pledge, assign, tender or otherwise dispose of any PBI
  shares, to any person other than pursuant to the merger agreement, not to grant
  any proxies or power of attorney to, or enter into a voting agreement with, any
  person other than the Company, and not </font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\eudelhofen\08-12981-1\task2907423\12981-1-ba.htm',USER='eudelho',CD='Apr 30 16:19 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to
  deposit any shares of PBI common stock owned by such holder into a voting
  trust.&#160; Each such holder also granted the
  Company an irrevocable proxy to vote such holder&#146;s shares in accordance with
  the foregoing.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">Summaries of Agreements</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
  foregoing summary of each of the Merger Agreement and Voting Agreement does not
  purport to be complete and is qualified in its entirety by reference to the
  Merger Agreement, which is filed as Exhibit&nbsp;2.1 hereto, and the Voting
  Agreement, which is filed as Exhibit&nbsp;2.2 hereto, each of which are
  incorporated into this report by reference. The Merger Agreement and the Voting
  Agreement have been included to provide investors and stockholders with
  information regarding their terms. They are not intended to provide any other
  factual information about the Company or PBI.&#160;
  Each of the Merger Agreement and the Voting Agreement contains
  representations and warranties that the parties to such agreement made to and
  solely for the benefit of each other, and the assertions embodied in such
  representations and warranties are subject to important qualifications and
  limitations agreed to by the Company and PBI in connection with negotiating the
  each agreement. Accordingly, investors and stockholders should not rely on such
  representations and warranties as characterizations of the actual state of
  facts or circumstances as of any specified date, as they were used for the
  specific purpose of allocating risk between the Company and PBI, rather than
  establishing any matters as facts.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h1 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 5.02&#160;
  Departure of Directors or Principal Officers; Election of Directors;
  Appointment of Principal Officers.<a name="Item5_02DepartureOfDirectorsOrPri_050751"></a></font></b></h1>
  
  <h1 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h1>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On April&nbsp;24,
  2008, the Company&#146;s Board of Directors appointed Patrick Tangney, 38, to the
  position of Chief Financial Officer of the Company.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Patrick
  Tangney has served as executive price president, strategy since March&nbsp;2008
  and as a consultant since August&nbsp;2007. From 2000 through mid-2007, Mr.&nbsp;Tangney
  worked in the Investment Banking division of Citigroup Global Markets in London
  and New York, most recently as a Director, and advised companies in the
  telecom, media and technology sectors. He also has experience in various other
  sectors, including online and mobile software, towers, gaming, wireless telephony,
  fixed telephony, newspapers, and entertainment. Mr.&nbsp;Tangney&#146;s experience
  prior to Citigroup includes working as a management consultant with McKinsey&nbsp;&amp;
  Company and as a transactional attorney with Davis Polk&nbsp;&amp; Wardwell. Mr.&nbsp;Tangney
  received an A.B. from Duke University, with honors, a J.D. from Columbia
  University and was a Fulbright Scholar.</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">Forward Looking Statements</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This
  current report on Form&nbsp;8-K contains forward-looking statements within the
  meaning of Section&nbsp;27A of the Securities Act of 1933, as amended, and Section&nbsp;21E
  of the Securities Exchange Act of 1934, as amended. Readers are cautioned not
  to place undue reliance on any such forward-looking statements, each of which
  speaks only as of the date made. Such statements are subject to certain risks
  and uncertainties which are disclosed in the Company&#146;s SEC reports, including
  the Form&nbsp;10-K for the year ended December&nbsp;31, 2007.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">Additional Information and Where to Find It</font></i></h4>
  
  <h4 style="font-style:italic;font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></h4>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This
  current report on Form&nbsp;8-K does not constitute an offer of any securities
  for sale. The proposed merger will be submitted to the Company&#146;s stockholders
  for their consideration. In connection with the proposed merger and required
  stockholder approval, the Company will file with the SEC the Registration
  Statement, which will include a proxy statement/prospectus which will be mailed
  to the stockholders of the Company in connection with the special meeting of
  stockholders. The Company&#146;s stockholders are urged to read the proxy
  statement/prospectus and other relevant materials when they become available as
  they will contain important information about the merger. The Company&#146;s
  stockholders will be able to obtain a free copy of such filings at the SEC&#146;s
  Internet site (http://www.sec.gov). Copies of such filings can also be obtained,
  without charge, by directing a request to Granahan McCourt Acquisition
  Corporation, 179 Stony Brook Road, Hopewell, NJ 08525, Attention:&#160; Ellyn M. Ito.&#160;
  The Company and its officers and directors may be deemed to have
  participated in the solicitation of proxies from the Company&#146;s stockholders in
  favor of the approval of the merger and related matters. Information concerning
  the Company&#146;s directors and executive officers is set forth in the publicly
  filed documents of the Company, including </font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\eudelhofen\08-12981-1\task2907423\12981-1-ba.htm',USER='eudelho',CD='Apr 30 16:19 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the
  Company&#146;s Form&nbsp;10-K for the year ended December&nbsp;31, 2007.
  Stockholders of the Company and other interested persons may obtain more
  detailed information regarding the direct and indirect interests of the Company
  and its directors and executive officers in the merger by reading the
  preliminary and definitive proxy statement/prospectus regarding the merger,
  which will be filed with the SEC.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <h1 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 9.01 Financial Statements, Pro Forma Financial
  Information and Exhibits.<a name="Item9_01FinancialStatementsProFor_050815"></a></font></b></h1>
  
  <h1 style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></h1>
  
  <p style="margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)&nbsp;Exhibits:</font></p>
  
  <p style="margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt .5in;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
  following Exhibits are attached as part of this report:</font></p>
  
  <p style="margin:0in 0in .0001pt .5in;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">2.1
  </font>Agreement and Plan of Merger, dated as of April&nbsp;24, 2008.
  (Schedules and Exhibits omitted pursuant to Item 601(b)(2)&nbsp;of Regulation
  S-K. The Company agrees to furnish supplementally a copy of any omitted
  schedule to the SEC upon request.)</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">2.2
  Voting Agreement, dated as of April&nbsp;24, 2008.</font>&#160; (Schedules and Exhibits omitted pursuant to
  Item 601(b)(2)&nbsp;of Regulation S-K. The Company agrees to furnish
  supplementally a copy of any omitted schedule to the SEC upon request.)</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">99.1
  </font>Press release of the Company dated April&nbsp;30, 2008</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.2 Investor
  Presentation</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='4',FILE='C:\JMS\eudelhofen\08-12981-1\task2907423\12981-1-ba.htm',USER='eudelho',CD='Apr 30 16:19 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SIGNATURE</font></p>
  
  <p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant
  to the requirements of the Securities Exchange Act of 1934, the registrant has
  duly caused this report to be signed on its behalf by the undersigned,
  thereunto duly authorized.</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Granahan McCourt Acquisition
    Corporation<br>
    (Registrant)</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: April&nbsp;30, 2008</font></p>
    </td>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
    </td>
    <td width="45%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:45.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;David C. McCourt</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="45%" valign="top" style="padding:0in 0in 0in 0in;width:45.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David C. McCourt</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="45%" valign="top" style="padding:0in 0in 0in 0in;width:45.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">President, Chief Executive Officer and</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="45%" valign="top" style="padding:0in 0in 0in 0in;width:45.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman of the Board</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='5',FILE='C:\JMS\eudelhofen\08-12981-1\task2907423\12981-1-ba.htm',USER='eudelho',CD='Apr 30 16:19 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXHIBIT
  INDEX</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="1" cellspacing="0" cellpadding="0" width="100%" style="border:none;border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit<br>
    Number</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="88%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:88.58%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Description</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.1</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Agreement and Plan of Merger, dated as of
    April&nbsp;24, 2008. (Schedules and Exhibits omitted pursuant to Item
    601(b)(2)&nbsp;of Regulation S-K. The Company agrees to furnish
    supplementally a copy of any omitted schedule to the SEC upon request.)</font></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.2</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Voting Agreement, dated as of April&nbsp;24, 2008.
    (Schedules and Exhibits omitted pursuant to Item 601(b)(2)&nbsp;of Regulation
    S-K. The Company agrees to furnish supplementally a copy of any omitted
    schedule to the SEC upon request.)</font></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Press release of the Company dated April&nbsp;30,
    2008</font></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="8%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:8.88%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.2</font></p>
    </td>
    <td width="2%" valign="bottom" style="border:none;padding:0in 0in 0in 0in;width:2.54%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investor Presentation</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>
  
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "a08-12981_18k.htm", "description": "8-K", "secsgml_size_bytes": 52421}]
metadata_filer: {"company-data": {"conformed-name": "Granahan McCourt Acquisition CORP", "cik": "0001369639", "assigned-sic": "6770", "irs-number": "020761911", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-33075", "film-number": "08791026"}, "business-address": {"street1": "179 STONY BROOK ROAD", "city": "HOPEWELL", "state": "NJ", "zip": "08525", "phone": "609-333-1200"}, "mail-address": {"street1": "179 STONY BROOK ROAD", "city": "HOPEWELL", "state": "NJ", "zip": "08525"}}
text: UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of
  1934
  April 30,
  2008/April 24, 2008
  (Date of Report/Date of Earliest Event Reported)
  GRANAHAN MCCOURT ACQUISITION
  CORPORATION
  (Exact name of registrant as
  specified in its charter)
  Delaware
  001-33075
  02-0781911
  (State
    or other jurisdiction of incorporation)
  (Commission
    File Number)
  (I.R.S
    Employer Identification No.)
  179 Stony Brook Road
  Hopewell, NJ  08525
  (Address of
  principal executive offices)
  Registrant's
  telephone number, including area code:
  (609) 333-1200
  Not
  Applicable
  (Former name
  or former address, if changed since last report)
  Check
  the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any of the
  following provisions:
  x
  Written
  communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425)
  x
  Soliciting
  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)
  o
  Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17
  CFR 240.14d-2(b))
  o
  Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17
  CFR 240.13e-4(c))
  Item 1.01 Entry into a Material Definitive Agreement.
  Merger Agreement
  On April 24,
  2008, Granahan McCourt Acquisition Corporation (the "Company") executed an
  Agreement and Plan of Merger ("Merger Agreement") with Satellite Merger Corp.,
  a Georgia corporation and wholly-owned subsidiary of the Company ("Merger Sub"),
  Pro Brand International, Inc., a Georgia corporation ("PBI") and certain
  equity holders of PBI (collectively, "Sellers"). Pursuant to the Merger
  Agreement, Merger Sub will be merged with and into PBI, with PBI continuing as
  the surviving corporation and a wholly-owned subsidiary of the Company.
  The
  press release announcing the execution of the Merger Agreement is attached
  hereto as Exhibit 99.1. The following summary of the merger and the Merger
  Agreement does not purport to be complete and is qualified in its entirety by
  reference to the Merger Agreement, which is filed as Exhibit 2.1 hereto,
  and is incorporated into this report by reference.
  Purchase Price and Earnout
  The
  Merger Agreement provides that the purchase price payable at closing will be
  $55 million in cash and $20 million in Company common stock.  PBI's equity holders may also become eligible
  for earnout payments based on PBI's 2008, 2009 and 2010 EBITDA (adjusted to exclude,
  among other items, costs associated with SEC disclosure or with listing on a
  stock exchange, expenses incurred in connection with the transaction, fees
  payable to the Company and its affiliates on an ongoing basis and the impact of
  any acquisitions completed during the earnout period) as outlined below.
  ·
  2008 Earnout:  If 2008 adjusted EBITDA exceeds $14 million,
  then (i) for every $1.00 of adjusted EBITDA above $14 million up to a total of
  $15 million, the PBI equity holders, in the aggregate, are entitled to receive
  $2.25; (ii) for every $1.00 of adjusted EBITDA above $15 million up to a
  total of $17 million, the PBI equity holders, in the aggregate, are entitled to
  receive $2.75; and (iii) for every $1.00 of adjusted EBITDA above $17
  million, the PBI equity holders, in the aggregate,  are entitled to receive $3.25.  The 2008 earnout will be payable in cash up
  to $7.5 million; amounts in excess of $7.5 million will be payable in a
  combination of cash and stock determined at the discretion of the Company's
  Board of Directors.  Should the Company
  be required to pay more than $5 million to Company shareholders that vote
  against the merger with PBI and exercise their conversion rights ("Dissenters"),
  the Company may reduce the amount of cash payable as part of the 2008 earnout
  and correspondingly increase the stock component of the 2008 earnout.
  ·
  2009
  Earnout:  If 2009 adjusted EBITDA exceeds
  $17 million, then (i) for every $1.00 of adjusted EBITDA above $17 million
  up to a total of $20 million, the PBI equity holders, in the aggregate, are
  entitled to receive $4.50; (ii) for every $1.00 of adjusted EBITDA above
  $20 million up to a total of $23 million, the PBI equity holders, in the
  aggregate, are entitled to receive $5.50; and (iii) for every $1.00 of
  adjusted EBITDA above $23 million, the PBI equity holders, in the aggregate,
  are entitled to receive $6.50.  The 2009
  earnout will be payable in cash up to $5 million; the next $5 million will be
  payable 50% in cash and 50% in stock and amounts in excess of $10 million will
  be payable in a combination of cash and stock determined at the discretion of
  the Company's Board of Directors.  Should
  the Company be required to pay more than $5 million to Dissenters, then, to the
  extent the Company has not fully "offset" such excess by substituting stock for
  cash in connection with the 2008 earnout, the Company may reduce the amount of
  cash payable as part of the 2009 earnout and correspondingly increase the stock
  component of the 2008 earnout.
  ·
  2010
  Earnout:  If 2010 adjusted EBITDA exceeds
  $19 million, then (i) for every $1.00 of adjusted EBITDA above $19 million
  up to a total of $22 million, the PBI equity holders, in the aggregate, are
  entitled to receive $2.8125; (ii) for every $1.00 of adjusted EBITDA above
  $22 million up to a total of $25 million, the PBI equity holders, in the
  aggregate, are entitled to receive $3.4375; and (iii) for every $1.00 of
  adjusted EBITDA above $25 million, the PBI equity holders, in the aggregate,
  are entitled to receive
  $4.0625.  The 2010 earnout will be payable in cash up
  to the first $5 million; the next $5 million will be payable 50% in cash and
  50% in stock and amounts in excess of $10 million will be payable in a
  combination of cash and stock determined at the discretion of the Company's
  Board of Directors.
  In
  connection with the proposed transaction, the Company obtained a fairness
  opinion from Houlihan Smith & Company Inc., an unaffiliated, third
  party appraiser, to the effect that (i) the consideration to be paid by
  the Company in the merger is fair, from a financial point of view, to the
  shareholders of the Company, and (ii) the fair market value of PBI is at
  least equal to 80% of the net assets of the Company at the time of the merger.
  Representations and Warranties and Covenants
  The
  parties to the Merger Agreement have made customary representations and
  warranties in the Merger Agreement.  Such
  representations and warranties were made as of the date of the Merger Agreement
  or other dates specified therein, and such representations and warranties
  should not be relied upon by any other person or entity.  The parties to the Merger Agreement have made
  customary covenants in the Merger Agreement. 
  These covenants include, among others, (i) the Company's covenant
  to register with the Securities and Exchange Commission (the "SEC") the
  issuance of the shares of its common stock to be issued in the merger on a
  registration statement on Form S-4 (the "Registration Statement"), and (ii) PBI's
  and Sellers' covenants not to (x) solicit the submission of proposals
  related to alternative business combination transactions, (y) engage in
  any discussions or negotiations with, furnish non-public information relating
  to PBI to, or facilitate or encourage any proposal related to an alternative
  business combination transaction by a third party, or (z) enter into an
  agreement with respect to an alternative business combination transaction.
  Conditions to Closing
  The
  closing of the merger is subject to (i) approval of the Merger Agreement
  by the Company's stockholders, (ii) the number of shares of Company common
  stock issued in its initial public offering with respect to which holders have
  exercised their cash conversion rights pursuant to Article Fifth of the
  Company's fourth amended and restated certificate of incorporation not equaling
  or exceeding 20%, (iii)  the Registration Statement being declared
  effective by the SEC and (iv) certain other customary closing conditions.
  Consummation of the Merger
  Assuming
  the merger is consummated, the Company will no longer be a blank-check or
  special purpose acquisition corporation. 
  If the Company does not complete the merger, it will continue as a
  blank-check company until it consummates another business combination or until
  the trust account is liquidated and the Company is dissolved, in either case,
  in accordance with the provisions of the Company's fourth amended and restated
  certificate of incorporation.
  Voting Agreement
  Concurrently
  with the Merger Agreement, holders of more than 70% of PBI's common stock
  entered into a voting agreement, dated as of April 24, 2008 (the "Voting
  Agreement") and attached hereto as Exhibit 2.2, pursuant to which such
  holders have agreed, among other things, to vote all shares of PBI's common stock
  owned by them in favor of the approval of the Merger Agreement and the
  merger.  In addition, each such holder
  has agreed to vote all the shares of PBI common stock owned by them against any
  action or agreement that would reasonably be expected to result in a breach in
  any material respect of any covenant, representation or warranty or any other
  obligation of PBI under the Merger Agreement, against any acquisition proposal
  and against any other proposal for action or agreement that is intended, or
  would reasonably be expected, to materially impede, interfere with, delay,
  postpone or adversely affect the consummation of the transactions contemplated
  by the Merger Agreement, against any change in the composition of the PBI
  board, other than as contemplated by the Merger Agreement or as recommended by
  a majority of the PBI board, and against any amendment to the articles of
  incorporation or by-laws of PBI, other than as contemplated by the Merger
  Agreement.  Each such holder has also
  agreed not to transfer, pledge, assign, tender or otherwise dispose of any PBI
  shares, to any person other than pursuant to the merger agreement, not to grant
  any proxies or power of attorney to, or enter into a voting agreement with, any
  person other than the Company, and not
  2
  to
  deposit any shares of PBI common stock owned by such holder into a voting
  trust.  Each such holder also granted the
  Company an irrevocable proxy to vote such holder's shares in accordance with
  the foregoing.
  Summaries of Agreements
  The
  foregoing summary of each of the Merger Agreement and Voting Agreement does not
  purport to be complete and is qualified in its entirety by reference to the
  Merger Agreement, which is filed as Exhibit 2.1 hereto, and the Voting
  Agreement, which is filed as Exhibit 2.2 hereto, each of which are
  incorporated into this report by reference. The Merger Agreement and the Voting
  Agreement have been included to provide investors and stockholders with
  information regarding their terms. They are not intended to provide any other
  factual information about the Company or PBI. 
  Each of the Merger Agreement and the Voting Agreement contains
  representations and warranties that the parties to such agreement made to and
  solely for the benefit of each other, and the assertions embodied in such
  representations and warranties are subject to important qualifications and
  limitations agreed to by the Company and PBI in connection with negotiating the
  each agreement. Accordingly, investors and stockholders should not rely on such
  representations and warranties as characterizations of the actual state of
  facts or circumstances as of any specified date, as they were used for the
  specific purpose of allocating risk between the Company and PBI, rather than
  establishing any matters as facts.
  Item 5.02 
  Departure of Directors or Principal Officers; Election of Directors;
  Appointment of Principal Officers.
  On April 24,
  2008, the Company's Board of Directors appointed Patrick Tangney, 38, to the
  position of Chief Financial Officer of the Company.
  Patrick
  Tangney has served as executive price president, strategy since March 2008
  and as a consultant since August 2007. From 2000 through mid-2007, Mr. Tangney
  worked in the Investment Banking division of Citigroup Global Markets in London
  and New York, most recently as a Director, and advised companies in the
  telecom, media and technology sectors. He also has experience in various other
  sectors, including online and mobile software, towers, gaming, wireless telephony,
  fixed telephony, newspapers, and entertainment. Mr. Tangney's experience
  prior to Citigroup includes working as a management consultant with McKinsey &
  Company and as a transactional attorney with Davis Polk & Wardwell. Mr. Tangney
  received an A.B. from Duke University, with honors, a J.D. from Columbia
  University and was a Fulbright Scholar.
  Forward Looking Statements
  This
  current report on Form 8-K 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. Readers are cautioned not
  to place undue reliance on any such forward-looking statements, each of which
  speaks only as of the date made. Such statements are subject to certain risks
  and uncertainties which are disclosed in the Company's SEC reports, including
  the Form 10-K for the year ended December 31, 2007.
  Additional Information and Where to Find It
  This
  current report on Form 8-K does not constitute an offer of any securities
  for sale. The proposed merger will be submitted to the Company's stockholders
  for their consideration. In connection with the proposed merger and required
  stockholder approval, the Company will file with the SEC the Registration
  Statement, which will include a proxy statement/prospectus which will be mailed
  to the stockholders of the Company in connection with the special meeting of
  stockholders. The Company's stockholders are urged to read the proxy
  statement/prospectus and other relevant materials when they become available as
  they will contain important information about the merger. The Company's
  stockholders will be able to obtain a free copy of such filings at the SEC's
  Internet site (http://www.sec.gov). Copies of such filings can also be obtained,
  without charge, by directing a request to Granahan McCourt Acquisition
  Corporation, 179 Stony Brook Road, Hopewell, NJ 08525, Attention:  Ellyn M. Ito. 
  The Company and its officers and directors may be deemed to have
  participated in the solicitation of proxies from the Company's stockholders in
  favor of the approval of the merger and related matters. Information concerning
  the Company's directors and executive officers is set forth in the publicly
  filed documents of the Company, including
  3
  the
  Company's Form 10-K for the year ended December 31, 2007.
  Stockholders of the Company and other interested persons may obtain more
  detailed information regarding the direct and indirect interests of the Company
  and its directors and executive officers in the merger by reading the
  preliminary and definitive proxy statement/prospectus regarding the merger,
  which will be filed with the SEC.
  Item 9.01 Financial Statements, Pro Forma Financial
  Information and Exhibits.
  (d) Exhibits:
  The
  following Exhibits are attached as part of this report:
  2.1
  Agreement and Plan of Merger, dated as of April 24, 2008.
  (Schedules and Exhibits omitted pursuant to Item 601(b)(2) of Regulation
  S-K. The Company agrees to furnish supplementally a copy of any omitted
  schedule to the SEC upon request.)
  2.2
  Voting Agreement, dated as of April 24, 2008.
  (Schedules and Exhibits omitted pursuant to
  Item 601(b)(2) of Regulation S-K. The Company agrees to furnish
  supplementally a copy of any omitted schedule to the SEC upon request.)
  99.1
  Press release of the Company dated April 30, 2008
  99.2 Investor
  Presentation
  4
  SIGNATURE
  Pursuant
  to the requirements of the Securities Exchange Act of 1934, the registrant has
  duly caused this report to be signed on its behalf by the undersigned,
  thereunto duly authorized.
  Granahan McCourt Acquisition
    Corporation
  (Registrant)
  Date: April 30, 2008
  By:
  /s/ David C. McCourt
  David C. McCourt
  President, Chief Executive Officer and
  Chairman of the Board
  5
  EXHIBIT
  INDEX
  Exhibit
  Number
  Description
  2.1
  Agreement and Plan of Merger, dated as of
    April 24, 2008. (Schedules and Exhibits omitted pursuant to Item
    601(b)(2) of Regulation S-K. The Company agrees to furnish
    supplementally a copy of any omitted schedule to the SEC upon request.)
  2.2
  Voting Agreement, dated as of April 24, 2008.
    (Schedules and Exhibits omitted pursuant to Item 601(b)(2) of Regulation
    S-K. The Company agrees to furnish supplementally a copy of any omitted
    schedule to the SEC upon request.)
  99.1
  Press release of the Company dated April 30,
    2008
  99.2
  Investor Presentation
  6