IDAHO FALLS, Idaho, Jan. 18, 2005 (PRIMEZONE) -- Intrepid Technology and Resources, Inc., (ITR) (OTCBB:IESV) a renewable energy company, announces that the board of Directors has appointed Mr. Steven Whitesides, a prominent Idaho Dairyman, to fill a vacant position on the Board effective January 15, 2005.
Mr. Whitesides is co-owner of the 4000-head Whitesides Dairy in south central Idaho and has 27 years of experience in the dairy industry. He is well known and highly respected among his peers as a very successful and progressive dairyman and is an active participant in several dairy industry organizations, as well as a member of the Minidoka County Planning and Zoning Commission.
Mr. Whitesides brings to the board critical understanding of large scale dairy operations and agribusiness in general, both of which are extremely valuable as the company moves forward with its current bio-fuels business plan and focus on construction and operation of bio-gas production facilities on large dairies and feedlots.
About Intrepid Technology
We are a technology application innovator of Biogas products and services designed to assist in worldwide energy independence and reduce pollution from renewable agriculture feedstock and industrial and agriculture waste materials.
Statements released by Intrepid Technologies and Resources that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.