NEWS! GT&E CONTRACT Expected to EXCEED $3 MILLION!
Microtel's CXR Telcom Subsidiary Announces Approval and Execution of Multi-Year Contract With GT&E; Expected Revenue Over 3 Year Period Should Exceed $3 Million
RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--Nov. 16, 1999--
MicroTel International Inc. (OTCBB: MCTL) ("MicroTel") today
announced that its CXR Telcom subsidiary, located in Fremont CA, has
been selected by GT&E Corporation, to provide our new 704A-400
innovative hand-held, integrated analog/digital test instruments.
Expected revenue over a 3 year period should exceed $3 Million. These
universal test instruments are ideally suited to serve the large field
service technician market. In view of the explosive growth of bundled
new analog and digital services which includes ADSL, xDSL and ISDN,
and the ever increasing competitive pressure from new CLEC service
offerings (Competitive Local Exchange Carriers), the widespread
deployment of CXR's new multi-function instruments are expected to
greatly enhance customer service response time for all GT&E operating
companies throughout the U.S., Canada and other GT&E locations on a
worldwide basis.
Erv Stein, Vice President of Sales for CXR Telcom, stated "These
innovative combination test instruments are rugged, user friendly and
cost effective, and combine a host of critical test functions. They
are a light weight, hand-held instrument that would otherwise require
multiple instruments to perform the same tasks." "Based upon extensive
user feedback we believe the new test sets have resulted in improved
service response time and overall customer satisfaction, which is
essential to retain and increase customer base in this increasingly
competitive local service environment."
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 Rancho Cucamonga,
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.
Randolph Foote, 909/297-2653
Web site: microtelinternational.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
|
