SEATTLE, Nov. 18 /PRNewswire-FirstCall/ -- Ambassadors International, Inc. (the "Company") (Nasdaq: AMIE) today welcomed three new directors to its Board of Directors and announced an increase in the size of the Board from four to five.

In connection with the Company's recently completed exchange offer for its 3.75% Convertible Notes due 2027 and the three separate exchange offer commitment and support agreements entered into by the Company, each of the three counterparties to an exchange offer commitment and support agreement designated a nominee to be appointed to the Board of Directors. At a meeting of the Board of Directors held today, each nominee was elected as a director. Accordingly, the Company and the Board of Directors welcome Eugene I. Davis, Stephen P. McCall and John Bianco as members of its Board of Directors. Mr. Davis will serve as Chairman of the Board.

Arthur A. Rodney, who also serves as Chief Executive Officer of the Company, and Daniel J. Englander will continue their service as members of the Board of Directors. The Company accepted the resignations of Rafer L. Johnson and J. Hale Hoak and thanked them for their service to the Company. The resignations did not relate to any disagreement with the Company.

"We are pleased with the appointment of Eugene Davis, Stephen McCall and John Bianco to our Board of Directors and look forward to their contributions to our Company," said Art Rodney, Chief Executive Officer of the Company. "We would like to thank Rafer Johnson and Hale Hoak for their outstanding service, commitment and contributions to our Company."

About Ambassadors International, Inc.

Ambassadors International, Inc. is primarily a cruise company. The Company operates Windstar Cruises, an international, luxury cruise line. The Company is transitioning its headquarters from Newport Beach, California to Seattle, Washington. In this press release, any reference to "Company," "Ambassadors," "management," "we," "us" and "our" refers to Ambassadors International, Inc. and its management team.

Additional Information

For further information, please contact Tammy Smolkowski of Ambassadors International, Inc. at (206) 292-9606.

SOURCE Ambassadors International, Inc.