Consumer Group calls upon Intrepid Potash (NYSE:IPI) Board to remove President and COO Patrick Avery to prevent sending wrong message.

For Immediate Release

SAN DIEGO/EWORLDWIRE/Feb. 11, 2009 --- The Fraud Discovery Institute Inc. has just posted on its Web site - 'http://www.frauddiscovery.net' - the two official documents from University of Colorado and Loyola College registrars' office which establish beyond any doubt that President and Chief Operating Officer Patrick Avery lied in SEC filings when he stated that he had three earned degrees when, in reality, he only had one degree.

The official documents from the schools were posted today. "In this post-Madoff environment, it is truly amazing that the average investor who relies upon SEC filings to be accurate before making an investment decision cannot even rely upon the biographical portion of those filings, not to mention what else may be inferred," said FDI Co-founder Barry Minkow. "At this point, all eyes are on the company Board as it must send a message to the Street and employees alike, that this under-oath misrepresentation to the SEC is not acceptable."

As of the issuing of this release, neither the company nor Mr. Avery have admitted or denied the allegations. "If this were an accounting issue, I can understand it taking time to review, but this is a degree issue - in five minutes, you got it, or you do not," added Minkow.

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CONTACT:
Barry Minkow
FDI
9747 Businesspark Ave #218
San Diego, CA 92131
PHONE. 888-300-8307

SOURCE: Fraud Discovery Institute Inc.

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Fraud Discovery Institute Co-founder
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