LAS VEGAS, NV — (Marketwire) — 03/27/12 — Las Vegas Railway Express, Inc. (“X” Train) (OTCBB: XTRN) announced today that John Marino, 73, has been elected as a Director to the Board of Las Vegas Railway Express, Inc.
“X” Train CEO/President Michael A. Barron said, “We are pleased that Mr. Marino has joined the Board of our company. He has been instrumental in the development and planning of our project from its inception and brings great entrepreneurial railroad experience to our Board.”
Mr. Marino commented on his election to the Board, “I am extremely excited to join the Board of Las Vegas Railway Express, Inc. Working with management over the last two years has demonstrated that this project holds great promise. I-m looking forward to my new position on the Board as a Director.”
Mr. Marino currently serves as President of Transportation Management Services, Inc., a position he has held since 1983, and as Vice President – Strategic Planning for Patriot Rail. From April 1992 until July 1996, he served as President and Chief Operating Officer of RailAmerica, a publicly traded company and the largest short line railroad company in the United States. Mr. Marino co-founded Huron & Eastern Railway Company, Inc., a subsidiary of RailAmerica, and from 1986 until April 1996 and served as its President and Director. Mr. Marino also served as the President of Huron Transportation Group from its formation in January 1987 until its merger with RailAmerica Services Corporation in December 1993.
Mr. Marino has served as a Director of the American Short Line and Regional Railroad Association, and as an appointed member of the Railroad-Shipper Transportation Advisory Council of the Surface Transportation Board, U.S. Department of Transportation. He is a member of the National Defense Transportation Association. He previously was employed by the Reading Railroad, A.T. Kearney, Seatrain Steamship Lines and the U.S. Railway Association, where he was the Chief of Operations Planning.
Mr. Marino received his B.S. degree in civil engineering from Princeton University in 1961 and his M.S. degree in transportation engineering from Purdue University in 1963. From 1963 to 1968, he served as an officer with the United States Army Corps of Engineers.
Las Vegas Railway Express, Inc. has been planning for the establishment of a “Vegas-style” passenger train service between Los Angeles and Las Vegas since early 2009. Roundtrip service will be Thursday through Monday each week with an introductory price of $99 each way which includes a First Class accommodation and all-inclusive food & beverage. In addition, the “X” Train will also offer the ability for its passengers to book hotel rooms, transportation transfers, entertainment & show tickets and other travel incidentals. For more information, please visit the Company website at .
Statements in this press release other than statements of historical fact, including statements regarding the company-s plans, beliefs, and estimates as to projected market size are “forward-looking statements.” Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company-s SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company-s judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.
Contact:
Las Vegas Railway Express, Inc
Mr. Michael Barron
CEO
(702) 583-6715