Tempco, Inc. Public Announcement of Changed Circumstances of Proposed Merger

SCOTTSDALE, AZ--(Marketwire - September 3, 2010) -  Tempco, Inc. (Tempco) (OTCBB: TEMO) announced today that the circumstances of its proposed merger with Program, LLC, of Mesa, Arizona, had materially changed. Tempco and Program had been engaged in various discussions and due diligence activities relative to a proposed merger between them as proposed in a non­­-binding Letter of Intent which was announced on May 25, 2010. As then proposed the merger was to be subject to satisfactory due diligence results, the availability of financing and mutual agreement to the terms of a definitive binding agreement.

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