MicroTel United Kingdom Subsidiary Awarded Contract for Approximately $1.2 Million in Revenue
Business Editors
ONTARIO, Calif.--(BUSINESS WIRE)--Sept. 16, 1999--
Custom Electronic Power Supplies to be Incorporated into a
Military Aircraft Information Display
MicroTel International Inc. (OTC BB:MCTL) ("MicroTel") announced
today that its United Kingdom based subsidiary, XCEL Power Systems,
LTD (XPS) has been awarded a contract by GEC Marconi Avionics, LTD
which is expected to result in $1.2 million dollars in revenue. The
contract calls for XPS to provide power supplies, which will be an
integral part of GEC's Tornado Aircraft Upgrade Program.
Graham Jefferies, MicroTel's Senior Vice President and Group
Executive said "Our XPS unit continues to contribute strong
profitability and this contract will further enhance its profit
contribution well into 2000."
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. and its
37% owned affiliate company Digital Transmission Systems, Inc. located
near Atlanta, Georgia. CXR Telcom Corporation, CXR, S.A. and Digital
Transmission Systems, Inc. design, manufacture and market electronic
telecommunication test instruments, wireless and wireline voice, data
and video transmission and networking equipment. XIT Corporation
designs, manufactures and markets information technology products,
including input and display components, subsystem assemblies and power
supplies. The Company operates out of facilities in the U.S., France,
England and Japan.
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.
--30--JS/np*
CONTACT: MicroTel International Inc.
James P. Butler, CFO, 909/456-4321
Web site: microtelinternational.com
KEYWORD: CALIFORNIA INTERNATIONAL EUROPE GEORGIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED GOVERNMENT
AEROSPACE/DEFENSE
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