Insta-Rent Announces Appointment to its Board of Directors

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[{"type":"text","content":"\n\n\n\nEDMONTON, April 9 /CNW/ - Insta-Rent Inc. ("Insta-Rent"; TSXV - IRR)\nannounced today the appointment of J. Albert (Al) Mondor as a new Director for\nInsta-Rent.\n\n\nMr. Mondor is a chartered accountant and a certified member of the\nInstitute of Corporate Directors. Mr. Mondor is currently a Vice President at\nSumex Inc., a capital and financing solutions business, prior to which he was\nthe Office Managing Partner of Grant Thornton LLP's Edmonton practice and one\nof its senior audit partners. Mr. Mondor will assume the position of chair of\nthe audit committee for the Company and is independent from Insta-Rent\npursuant to applicable securities laws.\n\n\nMr. Mondor will replace Terry Freeman, who resigned in order to dedicate\nhis time to his principle business activities.\n\n\nMr. Gordon Reykdal, Chairman of Insta-Rent commented, "We are very\npleased to welcome Mr. Mondor to the Board of Directors. With Mr. Mondor's\nextensive business and governance experience I believe he will be an excellent\naddition to our Board, and we look forward to utilizing his strength and\nexperience. We'd like to thank Terry for helping launch Insta-Rent and wish\nhim well."\n\n\nAbout Insta-Rent Inc.\n\n\nInsta-Rent operates 60 stores across Canada under the Insta-Rent banner.\nInsta-Rent rents brand-name furniture, appliances, electronics and computers,\nwith or without an option to purchase. Insta-rent operates primarily in\nThe Brick and United Furniture Warehouse locations, which are part of\nThe Brick Group, one of Canada's largest volume retailers of household\nfurniture, mattresses, appliances and home electronics.\n\n\nInsta-Rent employs more than 250 associates and is headquartered in\nEdmonton, Alberta.\n\n\nThis press release contains forward-looking statements within the meaning\nof the United States Private Securities Litigation Reform Act of 1995 and\napplicable Canadian securities legislation. Generally, these forward-looking\nstatements can be identified by the use of forward-looking terminology such as\nplans, anticipated, expects or does not expect, is expected, budget,\nscheduled, estimates, forecasts, intends, anticipates or does not anticipate,\nor believes, or variations of such words and phrases or state that certain\nactions, events or results may, could, would, might or will be taken, occu...

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