SOURCE: Integrated Freight Corporation

Integrated Freight Corporation

August 04, 2011 07:00 ET

Integrated Freight Appoints Matthew Veal as Vice President and Treasurer

SARASOTA, FL--(Marketwire - Aug 4, 2011) - Integrated Freight Corporation ("Integrated Freight" or the "Company") (OTCBB: IFCR), a rapidly growing motor freight company providing long-haul, regional and local service to its customers in the U.S., today announced the appointment of Matthew Veal as Vice President and Treasurer.

Mr. Veal is a seasoned financial professional with over twenty years of experience in leadership positions in public and private companies. Most recently, he served as Chief Financial Officer and Secretary of Sunovia Energy Technologies, Inc. from its inception in 2004. From 2004 to 2010, he served on the board and as acting Chief Financial Officer (2004 to 2006) for Global Water Technologies, Inc. From 1996 until 2004 Mr. Veal was Chief Financial Officer of Tampa Bay Financial, Inc., a Florida-based venture capital firm, and served as Chief Financial Officer and on the board of directors of its subsidiaries, DNAPrint Genomics, Inc. and Neogenomics, Inc. From 1990 until 1996 he served in several executive positions, including Controller and Chief Financial Officer for Teltronics Group, a Sarasota, Florida-based telecom equipment manufacturer. Mr. Veal is a graduate of the Fisher School of Accounting at the University of Florida.

"We are very pleased to announce the appointment of Matt as Vice President and Treasurer to our finance team," stated Paul Henley, CEO of Integrated Freight. "This is a very positive development for IFC. We believe Matt's wide range of corporate finance experience and ability to navigate the regulatory landscape will make an immediate impact on our financial reporting and provide additional bandwidth for our SEC filings, ongoing integration efforts and responsiveness to financing sources. I am excited to have him on board as we work to aggressively grow the business."

About Integrated Freight Corporation

Integrated Freight Corporation (OTCBB: IFCR) is a Sarasota, Florida headquartered motor freight company providing long-haul, regional and local service to its customers. The Company specializes in dry and refrigerated truckload services, operating primarily in well-established traffic lanes in the Upper Midwest, Pacific Northwest, Texas, California and the Atlantic seaboard. Integrated Freight was formed for the purpose of acquiring and consolidating operating motor freight companies and incorporated in the state of Florida in 2008. Integrated Freight's mission is to build a safe, reliable, high-quality national freight carrier and customized logistics service with a diverse customer base that is well-positioned in growing profitable markets. For more information, please visit http://www.integrated-freight.com.

To be added to the Company's email distribution for future news releases, please send your request to ifcr@hamptongrowth.com.

Safe Harbor Statement

The foregoing press release contains forward-looking statements, including statements regarding the company's expectation of its future business and earnings, subject to the safe-harbor provisions for forward-looking statements provided in the Securities Exchange Act and the regulations there under. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements. Additional risks that could affect our future operating results are more fully described in our filings with United States Securities and Exchange Commission. These filings are available at www.sec.gov.

We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.

Contact Information

  • Investor Relations Contact:
    Andrew Haag
    Managing Partner, USA
    Hampton Growth, LLC
    Tel: +1-877-368-3566
    E-mail: Email Contact
    Website: www.hamptongrowth.com