SOURCE: Integrated Freight Corporation

December 06, 2012 12:05 ET

Integrated Freight Corp Appoints Outside Director

Veteran Accounting Executive Joseph N. Vasile Joins IFCR Board

TAMPA, FL--(Marketwire - Dec 6, 2012) - Integrated Freight Corporation (PINKSHEETS: IFCR) announced today the election of Joseph N. Vasile to its Board of Directors. Mr. Vasile is a veteran accounting executive with over thirteen years experience in public company environs. Presently, Mr. Vasile serves as Controller at American Stock Transfer Company where he is responsible for financial statement closings, board reporting and bank covenant analysis. He has been a finance and accounting consultant for several Fortune 500 public companies where his responsibilities included Sarbanes-Oxley compliance, financial and compensation reporting, risk assessment procedures, development of internal controls, and acquisition financial planning.

"Integrated Freight is fortunate to have an outside director who possesses such mission critical technical skills," said David N. Fuselier, Integrated Freight's Chairman and CEO. "Joe brings an impressive level of experience and breadth of knowledge to our Board." 

According to Integrated Freight's President Hank Hoffman, "Our Company and Directors made an important statement in electing Joe to our Board. We have great respect for his talents and believe that he will be an extremely important influence to our organization's success."

About Integrated Freight Corporation

Integrated Freight Corporation (PINKSHEETS: IFCR) provides long-haul, regional and local motor freight service to its customers. For our customers, we specialize in dedicated dry van and hazardous waste truckload services primarily in well-established traffic lanes in the Upper Midwest, Texas, California and the Atlantic seaboard. For our shareholders, we acquire motor freight companies that build, maintain and nourish shareholder value. Our corporate mission is to be the best small cap motor freight carrier in North America.

Safe Harbor Statement

The foregoing press release contains forward-looking statements, including statements regarding our expectation for 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 our 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 and on our website.

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

  • CONTACT
    David Fuselier
    Phone #(646) 660-4337