The Board of directors of BR VT International is happy to announce that Marcel Poser will succeed Pietro Brenni as Managing Director. Marcel Poser has been nominated by the Board of Directors as BBR VT Internationals new Managing Director with effective date October 1, 2006. Pietro Brenni will return to his native Conton of Ticino in Southern Switzerland and succeed in his family business. Pietro Brenni will remain an active contributor to BBR VT International and effective 1 January 2007 will serve as a board member BBR VT International and continue to contribute to the BBR Network as technical advisor and consultant