Atlanta, Georgia, -- April 24, 2002-- The Institute of Paper Science and Technology recently welcomed Mr. Dale Stahl and Dr. Richard Olson to the Board of Trustees. Mr. Dale Stahl, CEO, of Inland Paperboard and Packaging, Inc. and Dr. Richard Olson, alumni trustee and former CEO of Champion International, have joined a group that has historically included some of the most outstanding leaders of the pulp and paper industry.

Mr. Dale E. Stahl replaces Mr. William B. Howes on the Board. Bill Howes will retire the position of chairman of Inland this year. In May of 2001, Dale Stahl was named chief executive officer of Inland Paperboard and Packaging, Inc. Mr. Stahl joined Inland in 2000 and has served as president and chief operating officer of Inland and as a group vice president of Temple-Inland Inc. since that time.

Mr. Stahl holds a bachelor of science degree from the U.S. Naval Academy, a master of science from the Georgia Institute of Technology and a master of business administration from the Pennsylvania State University. He brings more than twenty years of experience in the paper industry, including experience serving as president and chief operating officer of Gaylord Container Corporation for twelve years.

Dr. Richard Olson returns to the Board of Trustees after being elected by the alumni of IPST as the designated alumni trustee. Dr. Olson replaces Dr. Bob Moran, Senior Vice President of Bowater Inc., in this role. Previous to this, Dr. Olson served as trustee when he was chairman and chief executive officer of Champion International Corporation.

Dr. Olson is a Chicago native and holds an A.B. degree in chemistry form Knox College and an M.A. and Ph.D. in paper chemistry from the Institute of Paper Science and Technology. He joined Champion in 1967 as a senior project engineer and rose through a series of engineering and management positions to chairman and CEO. Champion was acquired by International Paper Company in 2000 making International Paper the world's #1 producer of forest products. Dr. Jim Ferris says, "We are extremely pleased that Dick Olson has returned to our Board of Trustees. He has a vast knowledge of the paper industry and the Institute, and we will value his advice and counsel".

In March of this year, Temple-Inland Inc. acquired Gaylord Container Corporation. The former Chairman and CEO of Gaylord, Marvin Pomerantz, has served as IPST's Chairman this past year. With the acquisition, Mr. Pomerantz leaves the Board and retires after over 40 years in the pulp and paper industry. Dr. Jim Ferris, President of IPST says, " Marvin Pomerantz is a strong advocate of education, and we have greatly appreciated his guidance as trustee and chairman. Although Marvin is leaving the Board, and the pulp and paper industry, it is our hope that he will stay connected to IPST, and our missions, and help us along the difficult road ahead for our institution and our industry".

Mr. Pomerantz is replaced as Chairman by Mr. A. D. "Pete" Correll, Chairman and CEO of Georgia-Pacific Corporation. Pete Correll is the former Chairman of IPST's Board, and has agreed to occupy Mr. Pomerantz's vacant position until it is filled next year by the Vice Chairman, John A. Luke, Jr., President and Chief Executive Officer of MeadWestvaco.