Item 1.02 Termination of a Material Definitive Agreement.

On June 1, 2009, Advanced Technology Acquisition Corp. (the "Company") terminated the letter of intent dated December 19, 2008 that it had entered into with Bioness Inc. ("Bioness") relating to the acquisition of Bioness by the Company. Therefore, the Company will be required to liquidate the trust account and distribute the proceeds held in the trust account to its stockholders.

Item 8.01 Other Events.

As a consequence of the termination of the letter of intent described in item 1.02 of this Current Report on Form 8-K, the Company will not hold a stockholder meeting for its proposed acquisition of Bioness. Instead, the Company will hold a stockholder's meeting and take such action as necessary to approve the liquidation of its trust account.

If the plan of liquidation is approved, the Company anticipates distributing approximately $8.12 per share from its trust account. It expects to complete its liquidation process as soon as reasonably practicable after receiving the approval of its stockholders.

Item 9.01 Financial Statements and Exhibits.

Exhibits

Exhibit Description
Number

99.1 Press Release dated June 1, 2009

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