IFCR. Starting to come together. PRESS RELEASE
Post# of 1873
Posted On: 01/20/2016 4:40:30 PM
IFCR. Starting to come together.
PRESS RELEASE
Integrated Freight Corp Appoints CFO
Published: Jan 20, 2016 1:43 p.m. ET
Jan 20, 2016 (ACCESSWIRE via COMTEX) -- Jace Simmons Joins Truckload Carrier's Management
DANBURY, CT / ACCESSWIRE / January 20, 2016 / Integrated Freight Corporation (otc pink:IFCR), a niche motor freight carrier providing transportation and logistics services on key routes throughout the United States, today announced that its board of directors has appointed Jace Simmons as its Chief Financial Officer. Mr. Simmons brings over thirty years of CFO-level experience in diverse business segments including both mid and large-cap public companies. With a career that includes M&A, strategic planning, and capital formation in high-growth environments, he will be an excellent "fit" with the IFCR team.
David N. Fuselier, IFCR Chairman and CEO stated, "Jace Simmons is a seasoned professional whose years of success and solid reputation will be invaluable to our team as we enter into the growth phase of IFCR's strategic plan. Our company is at an inflection point where we are transitioning from pure turnaround to building a growing, successful transportation and logistics business. Jace's in-depth understanding of the public markets and his proven financial acumen will enable our board to properly refine IFCR's capital structure to support our long-term growth strategy. His recent role as CFO of a public healthcare organization was instrumental in the company growing from start up to $75MM in revenues in three years.
"Integrated has righted itself from a history of heavy losses into a period of sustained and disciplined profitability," said Hank Hoffman, the Company's president. "With Jace joining the IFCR executive team, the Company is afforded the depth of skills and experience necessary to execute our strategic plan well."
Mr. Simmons is a graduate of the University of Texas at Austin where he earned a Bachelor of Business Administration degree in accounting. He is a Certified Public Accountant, a member of AICPA, and formerly was a licensed real estate broker.
About Integrated Freight Corporation
Integrated Freight Corporation (otc pink:IFCR) provides long-haul, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of more capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's 10-Ks and 10-Qs on file with the Securities and Exchange Commission.
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:
Hank Hoffman
President and COO
Integrated Freight Corporation
417-434-1782
David Fuselier
CEO
Integrated Freight Corporation
203-628-7142
SOURCE: Integrated Freight Corporation
http://www.accesswire.com/img.ashx?id=435818
Copyright 2016 ACCESSWIRE
PRESS RELEASE
Integrated Freight Corp Appoints CFO
Published: Jan 20, 2016 1:43 p.m. ET
Jan 20, 2016 (ACCESSWIRE via COMTEX) -- Jace Simmons Joins Truckload Carrier's Management
DANBURY, CT / ACCESSWIRE / January 20, 2016 / Integrated Freight Corporation (otc pink:IFCR), a niche motor freight carrier providing transportation and logistics services on key routes throughout the United States, today announced that its board of directors has appointed Jace Simmons as its Chief Financial Officer. Mr. Simmons brings over thirty years of CFO-level experience in diverse business segments including both mid and large-cap public companies. With a career that includes M&A, strategic planning, and capital formation in high-growth environments, he will be an excellent "fit" with the IFCR team.
David N. Fuselier, IFCR Chairman and CEO stated, "Jace Simmons is a seasoned professional whose years of success and solid reputation will be invaluable to our team as we enter into the growth phase of IFCR's strategic plan. Our company is at an inflection point where we are transitioning from pure turnaround to building a growing, successful transportation and logistics business. Jace's in-depth understanding of the public markets and his proven financial acumen will enable our board to properly refine IFCR's capital structure to support our long-term growth strategy. His recent role as CFO of a public healthcare organization was instrumental in the company growing from start up to $75MM in revenues in three years.
"Integrated has righted itself from a history of heavy losses into a period of sustained and disciplined profitability," said Hank Hoffman, the Company's president. "With Jace joining the IFCR executive team, the Company is afforded the depth of skills and experience necessary to execute our strategic plan well."
Mr. Simmons is a graduate of the University of Texas at Austin where he earned a Bachelor of Business Administration degree in accounting. He is a Certified Public Accountant, a member of AICPA, and formerly was a licensed real estate broker.
About Integrated Freight Corporation
Integrated Freight Corporation (otc pink:IFCR) provides long-haul, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of more capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's 10-Ks and 10-Qs on file with the Securities and Exchange Commission.
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:
Hank Hoffman
President and COO
Integrated Freight Corporation
417-434-1782
David Fuselier
CEO
Integrated Freight Corporation
203-628-7142
SOURCE: Integrated Freight Corporation
http://www.accesswire.com/img.ashx?id=435818
Copyright 2016 ACCESSWIRE
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