Nexus Telecommunications Restructures Its Marketing and Sales Group

Business Wire, Jan 5, 1996

GIVATAYIM, Israel--(BUSINESS WIRE)--Jan. 5, 1996--Nexus Telecommunication Systems Ltd. (NASDAQ: NXSFC) today announced a restructuring of its marketing team. In the change designed to shift the emphasis from early business development towards marketing and sales, Zvi David has been nominated Senior Vice President of Marketing and Business Development and Mr. Shlomo Tenenberg has been nominated Vice President of Sales.

Mr. Zvi David has over twenty years of experience in development, world wide marketing, sales and support of large communications systems with Tadiran. Mr. Tenenberg joined the company in 1994 as director of sales, after years of experience with Tadiran and ECI Telecom.

Rani Cohen, who successfully lead the business development of the company since 1993, intends to peruse new initiatives in other areas. Rani will stay active at Nexus until April 1st, 1996.

Dr. Amnon Shefi, President and CEO said, "This change gives us the best possible marketing team, providing the support required to turn the unique Nexus technology into a commercial success."

"We thank Rani for his major contribution which brought the company its international exposure, its first contracts, and a wealth of cooperation agreements with leading members of the paging industry such as American Paging, Samsung, Glenayre, Rockwell and others. We wish him best of luck in his future endeavors," added Chairman Yaron Shienman.

Nexus Telecommunications Systems Ltd. is engaged in the development, manufacturing and marketing of low energy wireless communications and location systems through application of digital spread spectrum technologies. Nexus is a 32% owned affiliate of BVR Technologies Ltd. (NASDAQ: BVRTF).

CONTACT: Nexus Telecommunications Systems Ltd.

Amnon Shefi, 011-972-3-571-0226