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Microcap & Penny Stocks : TIMBER RESOURCES INTL INC (www.tmbe.com)

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To: TREVOR ALFRED who wrote (2)10/17/1999 9:37:00 AM
From: TREVOR ALFRED   of 11
 
TIMBER RESOURCES INTERNATIONAL STRENGTHENS MANAGEMENT
Timber Resources
International, Inc. (OTC BB: TMBED) announced today two
management appointments.
Peter Maharaj has been appointed Vice President of
Marketing. Mr. Maharaj has more than a decade of experience
in the timber business, including extensive knowledge of
markets in Central and South America and the Caribbean. Most
recently, Mr. Maharaj directed the export marketing programs
of large timber and forest product companies in Guyana,
Suriname, Chile and Argentina. His experience includes
developing marketing strategies targeted at niche markets in
the USA, Europe and the Caribbean. Mr. Maharaj received
his MBA from the University of West Indies.
In addition, Mr. Hank Midden, Timber Resources
International's Vice President of Operations, has been
appointed President of Southern Hardwoods, Inc., the
Company's wholly owned subsidiary in Pensacola, Florida.
"Timber Resources International continues to grow very
rapidly and we are very fortunate to be able to attract
executives with strong and diversified experience in the
industry," said Aziz Hirji, Chairman of Timber Resources
International. "These nominations enhance our ability to tap
the niche market in exotic hardwoods and give us good reason
to be very excited about our potential for further growth."
Timber Resources International, Inc. is a fast-growing,
rapidly expanding company in the multi-billion-dollar
forestry industry that is aggressively pursuing mergers,
acquisitions and strategic alliances to capture a
significant market share in high-end and value-added wood
products. The Company is dedicated to the development of
under-utilized forest resources for specialty niche markets
worldwide. Timber Resources International, Inc. is committed
to meeting the international environmental standards of the
Forest Stewardship Council (FSC).
More information can be found on the Company's web site at
tmbe.com or by contacting investor relations at
(301) 570-0476.
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