said Vadim Oskotsky, chief of AMTEL project managers department.
The Promstroybank's choice of Lucent's VitalQIP(R) solution and activities of AMTEL, our accredited partner for VitalQIP(R) validate that Russian corporate customers are interested in the effective network management solutions which Lucent offers.
As a result of this acquisition, AMTEL expands its global operations in Europe, Asia, the former Soviet Union and North America.
Sudhir Gupta, Chairman of AMTEL's Supervisory Board, said, "We believe that this acquisition will contribute significantly to the successful development of AMTEL as a pan-European company.
Wong served as President of AMTEL
Corp, an innovative supplier of telecom and television products to the mass retailers such as Federated Stores, Fry's Electronics, Montgomery Wards, Home Depot and Kmart, in addition to importers in Europe and South America.