Vineyard National Bancorp (fka VNBCQ)

[buhg1b]

Vineyard National Bancorp Shareholders Now Focus Efforts to Elect an Alternate Board of Directors
Thursday May 1, 12:50 pm ET

NEW YORK, May 1 /PRNewswire/ -- Jon Salmanson and Norman Morales, longtime shareholders of Vineyard National Bancorp ("Vineyard" or the "Company") (Nasdaq: VNBC - News), issued the following statements today regarding the successfully completed Consent Solicitation, and their next steps in nominating and electing an alternate slate of nominees for the Board of Directors of Vineyard. Messrs. Salmanson and Morales, as shareholders of the Company, delivered to Vineyard yesterday the official list of their nominees to be named for election to the Board of Directors.

Mr. Salmanson stated: "We are grateful for the support received by Vineyard's shareholders in approving our proposed Bylaw amendments through the Consent Solicitation. On Monday, April 21, the Company provided notice that the Bylaw amendments have now become effective. We now urge the Company to act quickly to announce the date of the 2008 Annual Meeting and record date for shareholders eligible to vote at the Annual Meeting."

Mr. Morales also stated: "We are now moving forward with our efforts to nominate and elect our alternate slate of nominees for the Board of Directors. Our platform will continue to be focused on the execution of our strategic initiatives in a very challenging economic market place, and rebuilding shareholder value and confidence, while capitalizing on the continued loyalty of Vineyard's customers and employees. We are strongly committed to this endeavor. We are delighted to have the talents in the team we have put together and are eager to begin the rebuilding process."

A complete list of the alternate slate of nominees to the Board of Directors submitted by Mr. Salmanson and Mr. Morales is below:


David Hardin, Jr. Mr. Hardin has been the President and Chief Executive
Officer of HRE Mortgage, Inc., the parent company of
Covenant Mortgage, since 2004. Prior to that, Mr.
Hardin was Executive Vice President, Chief Banking
Officer of Hawthorne Savings for ten years.
Additionally, Mr. Hardin has served in executive
management positions in retail banking, lending
production and operations for Downey Savings, Valley
Federal Savings and Columbia Savings. Mr. Hardin
served as a director of the parent company for a
community bank located in southern California from
2007 to 2008. Mr. Hardin is a resident of Orange
County, California and is active in numerous
community organizations.

Cynthia Harriss Until 2007, Ms. Harriss served as President of Gap
Brand North America, Gap Inc.'s namesake chain of
apparel stores for two years, and preceded that role
as President of Gap Inc.'s Outlet division for nearly
250 stores. Before joining Gap Inc., Ms. Harriss
served as President of Disneyland Resort for six
years, where she managed all aspects of the
Disneyland and Disney's California Adventure theme
parks, as well as the resort's hotels and retail
operations. Previously, Ms. Harriss held a variety
of senior positions with The Walt Disney Company,
including Senior Vice President of Park Operations at
Disneyland, and Senior Vice President of Stores for
the Disney Store chain. In 2000, Ms. Harriss
received the Tree of Life Award for outstanding
community service from the Jewish National Fund and
is a longtime resident of San Francisco and Orange
County, California.

Thomas Koss II Mr. Koss is a Financial Executive of The Warmington
Group, and its residential development affiliate,
Warmington Homes California, a private home builder
headquartered in southern California. Mr. Koss is
also a director of BayHarbor Management Services,
Inc. and its subsidiary Warmington Capital Partners
LLC. Mr. Koss was formerly at Ernst & Young
specializing in real estate taxation, after beginning
his career at Peat Marwick Mitchell & Co. and
maintains his certified public accountant
designation. Mr. Koss resides in Orange County,
California.

Norman Morales Mr. Morales served as director, President and Chief
Executive Officer of the Company from October 2000
until January 2008. Mr. Morales has an extensive
background in community banking and the financial
markets which has spanned over 25 years. Mr. Morales
has held director and advisory positions in numerous
community, university and charitable organizations.
Mr. Morales is a native of southern California and
resides in Orange County.

Harice Ogle Mr. Ogle is an organizational development executive
at The Ken Blanchard Companies. Mr. Ogle has over 30
years of experience working with senior management
and boards of directors. Mr. Ogle manages clients
within the Fortune 1000 at the "C" levels and with
companies in the United States, Europe and the Far
East in such areas as strategic planning and
executive consulting. Mr. Ogle is a resident in
Marin County, California.

Lester Strong Mr. Strong is a retired aerospace executive with
twenty-five years of management and engineering
expertise in an array of highly sophisticated
scientific environments, including program management
for satellite vehicle processing support and
infrastructure. Mr. Strong's career at Lockheed
Martin Corporation earned him the National
Reconnaissance Office Medal of Distinguished Service
among other recognitions after receiving his
education with advanced degrees from Cornell
University. Mr. Strong resides in Santa Maria,
California.

Glen Terry Mr. Terry is a career banking executive, having held
the positions of President and Chief Executive
Officer of three regional community banks in northern
California -- The Vintage Bank (Napa), Solano Bank
(Vacaville), and Napa Valley Bank (Napa). Mr. Terry
has served on the respective board of directors of
each entity and has held leadership positions within
the communities of the Napa region. His career has
also included senior positions in multi-billion
dollar regional and interstate banks.



The Proxy Solicitation

Questions should be referred to:
Jon Salmanson
212-607-5412
[e-mail]

This press release may be deemed to be solicitation material with respect to support for the candidates to be proposed by Messrs. Salmanson and Morales for Vineyard's Board of Directors at the 2008 Annual Meeting of Shareholders of Vineyard (the "Proposed Nominees"). In connection with the Proposed Nominees, Messrs. Salmanson and Morales intend to file a proxy statement with the Securities and Exchange Commission (the "SEC"), to be distributed to the shareholders of Vineyard. SHAREHOLDERS OF VINEYARD ARE ENCOURAGED TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS WHEN FILED WITH THE SEC BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED NOMINEES. The proxy statement will be mailed to shareholders of Vineyard and shareholders will be able to obtain documents free of charge at the SEC's website, www.sec.gov. In addition, investors may obtain free copies of the documents filed with the SEC by contacting: Jon Salmanson, c/o Northeast Securities, 8th Floor, 100 Wall Street, New York, New York 10005 telephone: [phone] or by emailing Mr. Salmanson at [e-mail].


Source: Jon Salmanson

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