Navios Maritime Acquisition Corporation Announces Appointment of Brigitte Noury and Anna Kalathakis to Its Board of Directors

PIRAEUS, Greece, June 1 /PRNewswire-FirstCall/ -- Navios Maritime Acquisition Corporation ("Navios Acquisition") (NYSE: NNA) announced today the appointment of Ms. Brigitte Noury and Ms. Anna Kalathakis to its Board of Directors.

Ms. Brigitte Noury served, from March 2002 until December 2009, as Director of Corporate & Investment Banking Asset & Recovery Management - Europe for Societe Generale. She also served, from June 1989 until February 2002, as Head of Shipping at Societe Generale. Mrs. Noury received a Master of Economic Sciences and a Diploma in Business Administration from the University of Dijon.

Ms. Anna Kalathakis is currently Senior Vice President — Legal Risk Management of Navios Maritime Holdings Inc. and has been in that position since December 2005. Previously she has served as the General Manager of the Greek office of A Bilbrough & Co Ltd. Ms. Kalathakis has a Master's of Business Administration from the European University in Brussels and a Juris Doctor degree from Tulane Law School.  

Ms. Frangou, Chairman and CEO of Navios Maritime Acquisition Corporation stated, "With these two appointments, we continue to expand the expertise held by the Board of Navios Acquisition. Ms. Noury's extensive knowledge of the ship finance industry and Ms. Kalathakis' significant experience in the tanker sector will add great value to Navios Acquisition."

About Navios Maritime Acquisition Corporation

Navios Maritime Acquisition Corporation (NYSE: NNA) is a global shipping company specializing in the product and chemical tanker sectors.

For more information about Navios Acquisition, please visit our website: http://www.navios-acquisition.com.

Forward Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and Navios Acquisition's growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters.  Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements.  Such statements include comments regarding expected revenue and time charters. Although the Navios Acquisition believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct.  These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Acquisition.  Actual results may differ materially from those expressed or implied by such forward-looking statements.  Factors that could cause actual results to differ materially include, but are not limited to changes in the demand for product and chemical tanker vessels, competitive factors in the market in which Navios Acquisition operates; risks associated with operations outside the United States; and other factors listed from time to time in the Navios Acquisition's filings with the Securities and Exchange Commission.  Navios Acquisition expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Acquisition's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

SOURCE Navios Maritime Acquisition Corporation

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