IFS Intercorp Financial Services Inc

MEDIA, Pa., Feb. 2 /PRNewswire-FirstCall/ -- InfraSource Services, Inc. (NYSE:IFS), one of the largest specialty contractors servicing utility transmission and distribution infrastructure in the United States, today announced that J. Michal Conaway, CEO of Peregrine Group, LLC, has been elected to the InfraSource Board of Directors and appointed to the Company's Audit Committee. David Helwig, President and CEO of InfraSource said, "We are extremely pleased to add someone with Michal's extensive public company financial experience and industry knowledge to our Board and Audit Committee. With over thirty years of experience, including his previous role as Chief Financial Officer of Fluor Corporation, Michal is an excellent addition to our Board." Mr. Conaway launched a private consulting practice in 2000 and founded Peregrine Group, LLC, an executive consulting firm, in 2002. Previously, Mr. Conaway held numerous management, executive and director positions in industry, including fifteen years as CFO and principal financial officer of major SEC registrant companies. Michal holds an M.B.A. from Pepperdine University, a Bachelor's degree in Accounting from Abilene Christian University and completed the Program for Management Development at Harvard Business School. He is a Certified Public Accountant. About InfraSource InfraSource Services, Inc. (NYSE:IFS) is one of the largest specialty contractors servicing utility transmission and distribution infrastructure in the United States. InfraSource designs, builds, and maintains transmission and distribution networks for utilities, power producers, and industrial customers. Further information can be found at http://www.infrasourceinc.com/. CONTACT: John A. Curran 610-480-8000 Laura Martin 212-889-4350 DATASOURCE: InfraSource Services, Inc. CONTACT: John A. Curran of InfraSource Services, Inc., +1-610-480-8000, ; or Laura Martin of Taylor Rafferty, +1-212-889-4350, , for Curran of InfraSource Services, Inc. Web site: http://www.infrasourceinc.com/

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