Interpool (NYSE:IPX)
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Interpool, Inc. (NYSE: IPX) announced that Robert L.
Workman has joined its Board of Directors as a result of his election
at the Company's 2006 Annual Meeting of Stockholders on June 21, 2006,
increasing the number of Directors from eight to nine. Mr. Workman was
elected to a three-year term, along with incumbent directors Warren L.
Serenbetz, Jr. and Joseph J. Whalen, and will serve on the Board's
audit and compensation committees. Mr. Workman will qualify as an
independent director of the Company, increasing the number of
independent directors to seven.
Mr. Workman is a senior partner at Workman & Skertic CPA's, a full
service accounting firm based in Hamilton Township, N.J., which he
founded in 1992. He is also a partner and co-founder of Saccomanno
Valuation Group, LLC, which specializes in business valuations,
litigation support and forensic accounting. Previously, Mr. Workman
worked as a certified public accountant, providing accounting, tax and
consulting services to closely held businesses. Mr. Workman is a
member of both the American Institute of Certified Public Accountants
and the New Jersey Society of Certified Public Accounts. Mr. Workman
is also a Director of Yardville National Bank. Mr. Workman holds a
Bachelor of Science degree from Drexel University.
"We are very pleased to have Bob Workman join our Board," said
Martin Tuchman, Chairman and Chief Executive Officer of Interpool.
"His experience and good judgment will be of great value to us and we
look forward to working with him." Mr. Tuchman noted that both he and
Mr. Workman serve on the Board of Directors of Yardville National
Bank.
Interpool is one of the world's leading suppliers of equipment and
services to the transportation industry. The company is the world's
largest lessor of intermodal container chassis and a world-leading
lessor of cargo containers used in international trade.
This Press Release contains certain forward-looking statements
regarding future circumstances. These forward-looking statements are
subject to risks and uncertainties that could cause actual results to
differ materially from those contemplated in such forward-looking
statements, including in particular the risks and uncertainties
described in the company's SEC filings. The Company undertakes no
obligation to publicly release any revisions to these forward-looking
statements to reflect events or circumstances after the date hereof.