SCHEDULE
14A
Proxy
Statement Pursuant to Section 14(a) of the Securities
Exchange
Act of 1934 (Amendment No. )
Filed
by the Registrant o
Filed
by a Party other than the Registrant x
Check
the
appropriate box:
o Preliminary
Proxy
Statement
o
Confidential, for Use of the Commission Only (as
permitted by Rule 14a-6(e)(2))
o
Definitive Proxy Statement
o
Definitive Additional Materials
x Soliciting
Material Pursuant to ss. 240.14a-12
TRAVELCENTERS
OF AMERICA LLC
(Name
of
Registrant as Specified In Its Charter)
E2
INVESTMENT PARTNERS LLC
LOCKSMITH
CAPITAL MANAGEMENT LLC
LOCKSMITH
VALUE OPPORTUNITY FUND LP
TIMOTHY
E. BROG
(Name
of
Person(s) Filing Proxy Statement, if other than the Registrant)
Payment
of Filing Fee (check the appropriate box):
x
No fee required.
o Fee
computed on
table below per Exchange Act Rule 14a-6(i)(4) and 0-11.
1)
Title
of each class of securities to which transaction applies:
2)
Aggregate number of securities to which transaction applies:
3)
Per
unit price or other underlying value of transaction computed pursuant to
Exchange Act Rule 0-11 (set forth the amount on which the filing fee is
calculated and state how it was determined):
4)
Proposed maximum aggregate value of transaction:
5)
Total
fee paid:
o
Fee paid previously with preliminary materials.
o
Check box if any part of the fee is offset as provided
by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
1)
Amount
Previously Paid:
2)
Form,
Schedule or Registration Statement No.:
3)
Filing
Party:
4)
Date
Filed:
FOR
IMMEDIATE RELEASE
April
23,
2008
LOCKSMITH
CAPITAL MANAGEMENT ANNOUNCES THAT IT INTENDS TO
SOLICIT
PROXIES IN OPPOSITION TO
TRAVELCENTERS
OF AMERICA’S NOMINEES FOR DIRECTOR
New
York,
NY - Locksmith Capital Management LLC (“Locksmith”) announces that it intends to
file a proxy statement with the Securities and Exchange Commission and solicit
proxies in opposition to the nominees proposed by TravelCenters of America
LLC
(AMEX - TA). The affirmative vote of a majority of the TravelCenters’
outstanding common stock entitled to vote at the meeting is necessary to elect
the director nominees.
“We
continue to be amazed that Barry Portnoy, Arthur G. Koumantzelis, Thomas M.
O'brien, Barbara D. Gilmore and Patrick F. Donelan have spent a significant
amount of shareholder money in order to disenfranchise its shareholders,” said
Timothy Brog, Managing Director of Locksmith Capital Management LLC. “Instead of
allowing shareholders an opportunity to vote for our nominees and shareholder
proposals, they invoked meaningless technicalities in order to create a Soviet
style election and entrench the current Board of Directors. This Board has
no
shame.”
IT
IS TIME TO ELIMINATE THE CONFLICTS OF INTEREST AND CREATE STOCKHOLDER
VALUE
*
* * *
*
LOCKSMITH
PRESENTLY INTENDS TO FILE A PROXY STATEMENT WITH THE SECURITIES AND EXCHANGE
COMMISSION (“SEC”) RELATING TO LOCKSMITH’S SOLICITATION OF PROXIES FROM THE
STOCKHOLDERS OF TRAVELCENTERS OF AMERICA LLC FOR USE AT THE 2008 ANNUAL MEETING.
LOCKSMITH STRONGLY ADVISES ALL TRAVELCENTERS OF AMERICA LLC STOCKHOLDERS TO
READ
THE PROXY STATEMENT WHEN IT IS AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT
INFORMATION.
Stockholders
will be able to obtain free copies of the Proxy Statement filed with the SEC
by
Locksmith through the website maintained by the SEC at www.sec.gov.
In
addition, investors will be able to obtain free copies of the Proxy Statement
from Locksmith by contacting Timothy Brog, Locksmith Capital Management LLC,
551
Madison Avenue, 6th
Floor,
New York, NY 10022.
Locksmith
will be soliciting proxies from stockholders of TravelCenters of America LLC
in
connection with the election of directors. Information concerning participants
and their interests in the solicitation will be set forth in the proxy statement
when it is filed with the SEC.
*
* * *
*
Locksmith
Capital Management LLC is the management company for Locksmith Value Opportunity
Fund, a Delaware Limited Partnership.
CONTACT:
Timothy
E. Brog
Locksmith
Capital Management LLC
(212)
557-6150