Article: Vineyard National Bancorp Shareholders Intend to Propose Alternate Slate of Directors.

Shareholders Take First Step by Submitting Bylaw Amendments

NEW YORK, Feb. 25 /PRNewswire/ -- Jon Salmanson, a longtime shareholder of Vineyard National Bancorp ("Vineyard" or the "Company") , announced today that he intends to nominate an alternate slate of directors for the Vineyard Board of Directors in connection with its upcoming Annual Meeting of Shareholders. Joining Mr. Salmanson is Norman Morales, Vineyard's former president, chief executive officer, seven-year director and its single largest individual shareholder.

Messrs. Salmanson and Morales took the first step toward proposing an alternate slate of directors by submitting to Vineyard ...

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