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IROC ENERGY SERVICES CORP. ANNOUNCES CHANGE TO BOARD OF DIRECTORS

May 6, 2011 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVIC...

articleInformation Services Corp. Class AMay 6, 20115/company/information-services-corporation/news/iroc-energy-services-corp-announces-change-to-board-of-directors
IROC ENERGY SERVICES CORP. ANNOUNCES CHANGE TO BOARD OF DIRECTORS

About this update from Information Services Corp. Class A

[{"type":"text","content":"\n\n\n May 6, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n DISSEMINATION IN THE UNITED STATES/\n\n\nCALGARY, May 6 /CNW/ - IROC Energy Services Corp. ("IROC" or the\n "Company") (TSXV: "ISC") announces that Newton (Trey) Wilson III has\n resigned from the board of directors of the Company. Mr. Wilson, the\n Executive Vice President and Chief Operating Officer of Key Energy\n Services, Inc., was Key Energy's representative on the IROC board\n pursuant to an agreement entered into between the companies in 2005.\n Pursuant to the agreement if, at any time, Key Energy's ownership\n position in IROC exceeded a certain percentage of the total issued and\n outstanding shares of IROC, Key was entitled to nominate up to two\n members for the IROC board of directors. Prior to April 11, 2011, Key's\n ownership in IROC had exceeded the threshold under the agreement and\n Mr. Wilson had served as one of Key Energy's nominee's on the IROC\n board since 2005. On April 11, 2011, Key divested all of its interest\n in IROC and, accordingly, the agreement with respect Key Energy's right\n to board seats terminated.\n\n\nTom Alford, President and Chief Executive Officer of IROC stated, "We\n would like to thank Trey for his many years of service and contribution\n to our Company.  He has provided a valued perspective to our board over\n the past six years." \n\n\nAbout IROC Energy Serv...

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