SecurityWorldMarket

12/03/2008

BQT Solutions Limited appoints new CEO

Epsom, Surry (UK)

BQT Solutions Limited announce that it has appointed Mr. Anastasios Angeloglou as new chief executive officer. BQT Solutions will restructure its corporate organisation under the direction of the new CEO in order to provide a strong foundation for long term shareholder value.

The new BQT Solutions CEO, Anastasios Angeloglou, previously served as CEO of OTEGlobe and chief officer of Wholesale Services for Hellenic Telecommunications Organisation S.A. ("OTE Group").

Prior to serving OTE Group, Mr. Angeloglou worked with Atlas S.A., a Brussels-based joint venture of Deutsche Telekom & France Telecom, and from 1996 to 2000 he was CEO of Global One Communications Hellas S.A. (Global One was the joint venture of France Telecom, Deutsche Telekom & US Sprint), now France Telecom.

Between 1991 and 1996, he held senior positions with Infonet Services Corporation Ltd. responsible for the company's EMEA (Europe, M.East, Africa) sales and global business development. Between 1985 and 1991, he held telecommunications engineering and project management positions with Exxon Chemical International Ltd., S.I.T.A., and Philips International B.V. Mr. Angeloglou was born in 1959 in Greece and he is a graduate of London University, with postgraduate studies in Wales and Belgium, in the fields of Computer Science & Mathematics, and Networks Systems Engineering.

"Mr. Angeloglou who has been operating in senior management levels for several years at multinational companies, has the professional expertise of driving technologies commercialization to profitable revenues." said Mr. Falaknaz, chairman BQT Solutions, who additionally stated, "This is exactly the expertise which BQT needs at this stage to advance the company to its next phase of rapid growth. I am confident of achieving our tasks"

"I am delighted to be joining BQT Solutions at such a key point in the development of their global opportunities," said Mr. Angeloglou, adding "The Company has established key strategic alliances in high potential market sectors and is extremely well positioned to take advantage of the ever increasing demand for satellites, security, control and surveillance solutions. My overall mission will be to change the company position from only an equipment provider with first class quality to a turnkey solution provider as well. This will increase the company revenues and will improve profitability. I look forward to working closely with the BQT Solutions team and building on their initiatives."



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