INTREorg Systems, Inc. Announces New Board and Management

SOUTHLAKE, Texas, June 13, 2011 /PRNewswire/ -- INTREorg Systems, Inc. (OTCBB: IORG) (the "Company" or "INTREorg") announces it has elected five (5) new board members and a new CEO.

At a meeting of the Board of Directors on May 17, 2011, INTREorg's Board approved the appointment of five new members to fill current vacancies on the Board.  These five additional members, who will serve together with Russell K. Boyd (Chairman of the Board) and Redgie Green, include Donal R. Schmidt, Jr., Mark Hall, Steven R. Henson, M.D., Frederick Andrew Huttner, Jr., and Thimothy S. Wafford.  Also at the same meeting, Donal R. Schmidt, Jr. was elected to serve as CEO of the company.  Under the terms of the bylaws of the Company, Mr. Schmidt will also serve as its President.

Donal R. Schmidt, Jr., the Company's CEO and President, states:  "INTREorg has appointed a very talented group of directors to help move the Company forward.  With the exception of one director, everyone has an equity stake in the Company.  Based upon my personal experience, this generally results in a very interested and involved board.  I think the common denominator between this group of directors is we all believe the Company's business model is revolutionary and has tremendous potential.  

"Regardless, I am personally excited to see this group come together since all of these new directors have a demonstrated track record of success at this level.  Each individual brings a unique set of skills to the board and they are all hands-on type directors.  Early on, each new director will oversee some portion of the development of INTREorg's business model until such time as we identify professional management capable of assuming these roles on a full time basis.  Ultimately, this group gives me a great deal of confidence that much of the initial implementation of our business model will be achieved in a timely fashion.

"I am also humbled that the board entrusted me with the CEO position as we move forward.  My talents generally lie in the area of legal, finance and accounting and the board and its advisors felt I would be the right person to shepherd the Company through its next growth phase.  We will immediately begin to put into place the necessary documentary frame work to achieve the Company's goals.  This will include the execution of contracts, selling agreements, license agreement and similar business agreements.  We will also be raising capital to continue the development of the Company's business model."  

"I also look forward to working with Kirk Boyd who has done a fine job in the CEO's position in the past.  Kirk staying on as Chairman will help add an element of continuity as we move forward.  Both Kirk and Reggie Green did a very fine job of recently completing the Company's annual audit and filing of the Company's annual report which I greatly appreciate having been completed prior to my taking the reins.

"Finally, I think it's only fair to say that my acceptance of this position in many ways mirrors my position of CEO at Sun River Energy, Inc. ("Sun River").  I don't anticipate I will have much of an increase in my work load after we get a number of initial matters completed.  Many of INTREorg's significant investors and advisors have been closely associated with Sun River in the past.  These relationships are one of the factors the board considered when it asked me to step in as CEO.  For example, INTREorg currently utilizes the same accountants and auditors I relied upon at Sun River early on in the process of moving Sun River from a development stage company to a full operating company.  Similarly, here these professionals know how I work and what I expect.

"This Company is going to be exciting and I look forward to being involved."

About INTREorg Systems, Inc.:

INTREorg Systems, Inc. is a Dallas-based, company. For further information on the Company, please visit our website www.INTREorg.com.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements". Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include, but are not limited to, our ability to raise sufficient working capital necessary to continue to implement our business plan and satisfy our obligations, our ability to continue as a going concern, our ability to develop revenue producing operations, our ability to establish our brand and effectively compete in our target market, and risks associated with the external factors that impact our operations, including economic and market conditions and any other factors listed in the reports the Company has filed and may file with the Securities and Exchange Commission.  Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's expectations only as of the date they were made. The Company undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.

SOURCE INTREorg Systems, Inc.