Business Services Industry

MicroTel's MCTL French Subsidiary CXR, S.A. Awarded Contract by France Telcom for the Supply of Transmission Analyzers

Business Wire, Feb 11, 1999

ONTARIO, Calif.--(BUSINESS WIRE)--Feb. 10, 1999--

Revenue is Expected to be $2,250,000

MicroTel International's, Inc. (NASDAQ Small Cap: MCTL) French subsidiary CXR, S.A. has been awarded a contract by France Telcom for the supply of LEA 9200 transmission analyzers. This hand held test instrument will be used by field personnel to commission and maintain the local loop high speed ISDN and new ADSL service. The contract is expected to generate revenues of $2,250,000 over the next three years.

MicroTel International, Inc. is a holding company for its three wholly owned subsidiaries - CXR Telcom Corporation in Fremont, CA; CXR, S.A. in Paris, France and XIT Corporation in Ontario, CA. CXR Telcom Corporation and CXR, S.A. design, manufacture and market electronic telecommunication test instruments, voice and data transmission and networking equipment. XIT Corporation designs, manufactures and markets information technology products, including input and display components, subsystem assemblies, power supplies, hybrid microelectronic and other circuits. The Company operates out of facilities in the U.S., France, England and Japan. Approximately 60% of the Company's sales are to customers in the telecommunications industries, including among many others AT&T and the Regional Bell Operating Companies domestically, and France Telecom in Europe. The remainder of sales are for information technology products for industrial, medical, military and aerospace customers. The Company's products are distributed under each subsidiary's well known brand names.

For further information please consult the Company's investor Website at http://www.microtelinternational.com

The statements in this press release relating to matters that are not historical are forward-looking statements which involve risks and uncertainties including, without limitation, economic and competitive conditions in the markets served by the Company affecting the demand for the Company's products, product pricing, market acceptance, access to distribution channels and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. These risks could cause actual results to differ materially from those anticipated or described herein.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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