Nera Telecommunications Ltd. announced the appointment of Tan Lye Huat by the management of one of the CAM International's creditor banks to join the Board as an Independent Director to restructure the company and to assist in finding a potential investor for the company. Lye Huat was appointed as an Independent Director in 1999 to balance the composition of the Board so as to reassure authorities, shareholders and other stakeholders that the company would be properly managed following the sudden resignation of its Managing Director. The former Managing Director was involved in fraudulent business activities involving about $10 million and Lye Huat played a key role as the facilitator between the Board and the numerous creditor bankers of the company.