FORT LAUDERDALE, Fla.,
April 11, 2013 /PRNewswire/ --
Continental Rail Corp. (formerly MKRO) (PINK: MKRO), a holding
company formed to acquire and operate short line and regional
freight railroads, announced today that Ambassador Ned L. Siegel has joined its Board of Directors.
Mr. Siegel will play a key role in advising the company as it seeks
to grow through short line rail acquisitions.
Ambassador Ned L. Siegel was
sworn in as the Ambassador of the United
States of America to the
Commonwealth of The Bahamas on October 26, 2007, by Secretary of State
Condoleezza Rice at the U.S.
Department of State in Washington,
D.C. During Mr. Siegel's 15-month tenure as Ambassador, he
resided full-time in Nassau,
serving as Chief of Mission responsible for all operations of
Embassy Nassau. In January 2009,
following his tenure as Ambassador, Ambassador and Mrs. Siegel
returned to their home in Boca Raton,
Florida, where he resumed his duties as chairman of The
Siegel Group, Inc., a real estate development, investment and
consulting firm.
Prior to serving the country as Ambassador, Mr. Siegel was
appointed by President George W.
Bush to serve as a Representative of the United States to the United Nations, where
he served from September 2006 -
January 2007 under Ambassador
John R. Bolton as a Senior Advisor
to the U.S. Mission to the 61st Session of the United Nations
General Assembly. In 2003, Mr. Siegel was honored by President Bush
with a Presidential Appointment to the board of directors of the
Overseas Private Investment Corporation (OPIC), which was
established as a development agency of the U.S. government in 1971
to help U.S. businesses invest overseas. Mr. Siegel served as a
member of the OPIC board of directors until September 2007.
Commented Ambassador Siegel, "I have worked with members of the
management team of Continental Rail Corp. in the past and I am
confident in their ability to lead and build a solid railroad
organization. I believe that the current resurgence of the U.S.
railroad industry provides a great opportunity not only for the
economic growth of local communities, but also for those served by
the industry. I am committed to the success of Continental Rail
Corp. and I look forward to working alongside management to
construct a forward thinking company."
"We are honored and indeed privileged to have Ambassador Siegel
join our Board of Directors," said Continental Rail Corp. CEO
Neil Swartz. "We look forward to his
leadership and guidance as we execute our plan to establish a
leading short line railroad company through strategic
acquisitions." More information can be found online at
www.ContinentalRailCorp.com
About Continental Rail Corp.
Continental Rail Corp. (formerly MKRO) (PINK: MKRO) is a public
holding company formed to acquire and operate short line and
regional freight railroads. Continental Rail will also seek to
acquire rail-related businesses and services to partner with its
freight railroad operations. Learn more at
www.continentalrailcorp.com
For More Information:
Contact: Neil Swartz
Phone: 1.954.440.4678
Email: nswartz@continentalrailcorp.com
SOURCE Monkey Rock Group, Inc.
