Industrial Services of America, Inc. Announces New Appointments to its Board of Directors

  Industrial Services of America, Inc. Announces New Appointments to its Board
  of Directors

Business Wire

LOUISVILLE, Ky. -- June 17, 2014

Industrial Services of America, Inc. (NASDAQ: IDSA), a company that buys,
processes and markets ferrous and non-ferrous metals and other recyclable
commodities, and offers waste management programs and equipment to commercial
customers, today announced the appointment of three new members to its Board
of Directors: William B. Yarmuth, Vincent J. Tyra and Sean Garber.

Mr. Yarmuth is Chairman and CEO of Almost Family, Inc., a Louisville,
Kentucky-based provider of home health services. Almost Family provides a
range of Medicare-certified home health nursing services to patients in need
of recuperative and other care. It also provides personal care, medication
management, meal preparation, caregiver respite, and homemaking services for
patients. Mr. Yarmuth has been a director of Almost Family since 1991, when
Almost Family acquired National Health Industries, where Mr. Yarmuth was
Chairman, President and Chief Executive Officer. Mr. Yarmuth has been
instrumental in growing Almost Family to the $400 million revenue company that
it is today.

Vincent J. Tyra is President of ISCO Industries, a global, customized piping
solutions provider based in Louisville, Kentucky. Prior to his position at
ISCO, Mr. Tyra was a Managing Partner at Southfield Capital, a private
investment firm based in Greenwich, Connecticut. Mr. Tyra continues to be an
Operating Partner with Southfield Capital, serves on the firm’s investment
committee and is a board member of various Southfield Capital portfolio
companies. Prior to Southfield Capital, Mr. Tyra was CEO of Broder Bros. Co.,
a wholesale distributor of imprintable activewear, where he grew the company’s
revenue from $315 million to $1 billon over a six-year period. Prior to
joining Broder, Mr. Tyra served as President of Retail and Activewear at Fruit
of the Loom, where he helped orchestrate the successful reorganization and
turnaround of a $2 billion retail consumer packaged goods company. Previous to
Fruit of the Loom, Mr. Tyra was a principal investor and Executive Vice
President of TSM, a Louisville, Kentucky based wholesale distributor of

Sean Garber is President of Algar, Inc., a company specializing in the sale of
new and used auto parts, as well as in automobile and metal recycling.
Pursuant to the previously announced Management Services Agreement between
Algar and Industrial Services of America, Algar provides the Company with
day-to-day senior executive level operating management supervisory services
and Mr. Garber serves as President of Industrial Services of America. Prior to
joining Algar in 2005, Mr. Garber owned Riverside Mortgage, Inc., a
residential mortgage brokerage company, which he sold in 2006. Before
Riverside Mortgage, Inc., Mr. Garber owned and operated CMJ Ventures, LLC, a
trademarked and licensed apparel business.

The Company also announced the resignation from its Board of Directors of Alan
Gildenberg, a member of the Board since 2012.

Pursuant to the Management Services Agreement, Algar had the right to nominate
two new directors any time following the effective date of the Management
Services Agreement. Algar nominated Mr. Yarmuth and Mr. Tyra for appointment
to the Board of Directors. The Board nominated Mr. Garber. In connection with
these nominations, the Board of Directors increased the number of directors
which constitute the entire Board of Directors from five to seven and
affirmatively determined that Messrs. Yarmuth and Tyra satisfy the criteria to
be independent directors as set forth in Nasdaq Listing Rule 5605.

Orson Oliver, Chairman of the Board of ISA, stated, “We are pleased to welcome
the three new directors to ISA. This group brings a complement of skills and
experience to the Company, not to mention a wealth of fresh ideas. We believe
we have assembled a team with the right combination of industry knowledge and
experience to guide ISA’s strategy and future growth. We also thank Alan
Gildenberg for his faithful service to the Company and its shareholders.”

About ISA

Headquartered in Louisville, Kentucky, Industrial Services of America, Inc.,
is a publicly traded company whose core business is buying, processing and
marketing scrap metals and recyclable materials for domestic users and export
markets. Additionally, ISA offers commercial, industrial and business
customers a variety of programs and equipment to manage waste. More
information about ISA is available at ISA’s SEC filings are
available for review at the Securities and Exchange Commission web site at

This news release contains forward-looking statements that involve risks and
uncertainties that could cause actual results to differ from predicted
results. Specific risks include fluctuations in the price of recycled
materials; varying demand for waste managing systems, equipment and services;
competitive pressures in waste managing systems and equipment; our ability to
successfully integrate the operations of acquired businesses, if any, and
achieve expected synergies and operating efficiencies from the acquisition, in
each case within expected time-frames or at all; competitive pressures in the
waste managing business; and loss of customers. Further information on factors
that could affect ISA’s results is detailed in ISA’s filings with the
Securities and Exchange Commission. ISA undertakes no obligation to publicly
release the results of any revisions to the forward-looking statements.


Industrial Services of America, Inc.
Alan Schroering, 502-214-3710
Vice President of Finance and Interim Chief Financial Officer
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