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FOR IMMEDIATE RELEASE
AMEX: WOC
Wilshire Enterprises, Inc. Announces
Management Change
NEWARK, N.J.,
January 18, 2007 -- Wilshire Enterprises,
Inc. (“Wilshire” or the “Company”) (Amex:
WOC) announced today that on January 16,
2007, the Company delivered a letter to
Daniel Pryor, the Company’s president and
chief operating officer, notifying him that
his employment with the Company terminates
effective February 16, 2007. Also on January
16, 2007, and after the letter referred to
in the preceding sentence was delivered, the
Company received a letter from Mr. Pryor,
dated January 16, 2007, in which Mr. Pryor
notified the Company that he was resigning
from his employment with the Company
effective January 14, 2007.
About Wilshire
Enterprises
Wilshire is engaged
primarily in the ownership and management of
real estate investments in the United States
including the sunbelt states of Arizona,
Florida, and Texas.
Company
Contact: Frank Elenio, Chief Financial
Officer, 201-420-2796
Agency Contact: Neil Berkman, Berkman
Associates, 310-826-5051
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