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POLISH TELEPHONES AND MICROWAVE CORPORATION MAKES ANNOUNCEMENT

DALLAS, March 8 /PRNewswire/ -- Polish Telephones and Microwave Corporation (Nasdaq Small-Cap: PTMC) announced today that Mr. Krishna Murthy has resigned his positions as chairman of the board, chief executive officer and president of the company in order to pursue outside interests. Murthy will remain as a consultant to the company. Mr. Panno, a director of the company, has been elected to succeed Murthy as chairman of the board, chief executive officer and president.
 -0- 3/8/96


/CONTACT: Donald J. Hoff of Polish Telephones and Microwave Corporation, 214-831-8722/

(PTMC)

CO: Polish Telephones and Microwave Corporation ST: Texas IN: TLS SU: PER

TM -- NYF056 -- 1723 03/08/96 16:46 EST
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Publication:PR Newswire
Date:Mar 8, 1996
Words:110
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