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LEE MONTELLARO ELECTED CHAIRMAN, CEO OF LUXCEL GROUP

 PARAMUS, N.J., Nov. 15 /PRNewswire/ -- The board of directors of LuxCel Group, Inc. (NASDAQ: LXCL), a wireless communications equipment and service company, today announced the election of Lee R. Montellaro as chairman of the board and chief executive officer, replacing Michael A. Pfeffer. Pfeffer remains president and a director. Montellaro, 47, also retains his position as chief financial officer.
 "I believe this realignment of senior management increases our operating efficiency and will more effectively help us achieve our corporate goal of establishing wireless communication services in the United States, Eastern Europe and central Eurasia," Montellaro said.
 Montellaro joined LuxCel as executive vice president and chief financial officer in 1988. Previously, he was vice president-finance and treasurer of Drivefone New Jersey, a LuxCel subsidiary; served as the president of ROI Group, an investment banking firm; was chief executive officer of Vista Electronics, Inc., a manufacturer and distributor of satellite communications equipment; and was vice president-corporate development of Anglo Energy Ltd. He is a certified public accountant who has held various positions, including senior manager of Price Waterhouse & Co. He holds a BS in accounting from Fordham University.
 -0- 11/15/93
 /CONTACT: Lee R. Montellaro of LuxCel Group, 201-843-6400, ext. 206/
 (LXCL)


CO: LuxCel Group, Inc. ST: New Jersey IN: TLS SU: PER

MH-DS -- DC005 -- 4273 11/15/93 09:42 EST
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Publication:PR Newswire
Date:Nov 15, 1993
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