Box Ships Inc (TEUFF)

[GoldRus]

Mr. Michael Bodouroglou, Chairman, President, Chief Executive Officer and Interim Chief Financial Officer of the Company, commented: "In an effort to enhance shareholders' value, the Board of Directors has authorized a share repurchase program over the next twelve months. In addition, I intend to purchase up to 5% of common shares outstanding, expressing my belief and confidence in our Company's long-term prospects and fundamentals."