Microtel -MCTL- and Wells Fargo Business Credit Inc. Agree to Extend Financing Facility to Aug. 16, 2005

Business Wire, April 23, 2002

Business Editors & High-Tech Writers

RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--April 23, 2002

Microtel International Inc. (OTCBB:MCTL) ("Microtel") today announced that Wells Fargo Business Credit Inc. has agreed to extend its revolving credit and term loan facility with Microtel two years beyond the original expiration date.

The amended credit facility will mature on Aug. 16, 2005. In addition to extending the term of the credit facility, the credit facility amendment also increased the maximum loan balance allowable on the portion of the loan secured by inventories.

Randolph D. Foote, Microtel's CFO said, "We are very pleased that Wells Fargo Business Credit Inc. has shown confidence in our company and its management, especially in these challenging times in the telecommunications industry. This amendment to our credit facility should improve the ability of Microtel to meet its future financing needs for its growing electronic components business and improve current liquidity."

Carmine T. Oliva, chairman, president and CEO of Microtel, stated, "I have had experience working with a number of lending institutions over the last 20 years, but Wells Fargo Business Credit Inc., in my opinion, has been one of the most responsive to our business requirements and I also appreciate the excellent working relationship we have with their people."

About Microtel International

Microtel is an international telecommunications electronics company comprising three wholly owned subsidiaries -- CXR Telcom Corp. in Fremont, Calif. and CXR, S.A. in Paris -- which together comprise the Telecommunications Group, and XET Corp. in Rancho Cucamonga, which together with its international subsidiaries, comprise the Electronic Components Group.

CXR Telcom and CXR, S.A. design, manufacture and market field and central office electronic telecommunications test instruments, voice, data and video transmission and network access equipment under the Halcyon, CXR Telcom and CXR Anderson Jacobson brands. XET designs, manufactures and markets electronic components including Digitran digital switches and Xcel electronic power supplies. The company operates out of facilities in the United States, France, England and Japan.

Safe Harbor Statement Under the Private Securities Litigation

Reform Act of 1995

With the exception of historical information, the matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of Microtel could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, the projected growth in electronic components markets, the ability of Microtel to expand its presence in these markets, trends in Microtel's financial condition and results of operations. Microtel's ability to fund its operations notwithstanding the extension and increase of its domestic loan facility from Wells Fargo Business Credit Inc., and those factors contained in the "Risk Factors" Section of the company's Form 10-K/A for the year ended Dec. 31, 2001.