Michele Reing Joins Interstate as SVP, Controller

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. June 17, 2009

JUNE 17, 2009 - She will be responsible for corporate and joint venture accounting, financial reporting including SEC and Sarbanes Oxley compliance, corporate budgeting, forecasting and corporate audits, as well as act as the key liaison with the board of directors audit committee. She will report to Bruce Riggins, chief financial officer.

"Michele has both public accounting and corporate accounting experience and in-depth experience in the hospitality industry," said Riggins. "She adds to our senior management bench strength with a proven track record."

Prior to joining Interstate, Reing was chief financial officer and vice president of finance for CapStar Hotel Company, a hotel investment company. Previously, she was vice president and corporate controller for Analex Corporation. She held senior management positions with NVR, Inc., and MeriStar Hospitality Corporation. She began her career with the public accounting firm Deloitte & Touche, LLP.

Reing is a board member of Calvary Women's Services, a non-profit organization that provides housing and support services for homeless women. She holds a Bachelor of Science degree in Business Administration from the University of Maryland.