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. |