To: Condor who wrote (138 ) 9/30/1999 9:45:00 AM From: GARY P GROBBEL Read Replies (1) | Respond to of 189
Another contract...trading at .22.....gpg (COMTEX) B: Microtel's CXR Telcom Subsidiary to Begin Delivery of New B: Microtel's CXR Telcom Subsidiary to Begin Delivery of New Voice Mail Systems to SBC in October 1999; Expected Revenue Over a One Year Period Should Exceed $2 million ONTARIO, Calif., Sep 30, 1999 (BUSINESS WIRE) -- MicroTel International Inc. (OTC BB:MCTL) ("MicroTel") today announced that its CXR Telcom subsidiary, located in Fremont, California has once again been approved as a key supplier by another major telcom company, this time to provide new and replacement transmission equipment for SBC Corporation's Voice Mail Systems operations. Shipments will be to both unregulated and central office facilities for integration into their Southwestern and United States regional infrastructure. Expected revenue should exceed $2 million over the next year beginning in October 1999. Commenting on the business Bryan Fuller, President of CXR Telcom, stated "CXR's equipment solutions for customer voice mail system applications are based upon our full featured, high end, high reliability Anderson Jacobson branded modem product line which enjoys a large installed base throughout the United States. CXR is well positioned to become the dominant supplier in this important market segment where voice mail service is increasingly being offered by the RBOC's and other independents to the massive business market." Mehdy Merin, Network Product Manager for CXR's transmission line of equipment used in voice mail applications, billing systems, and other products, stated "Our voice mail system equipment solutions are presently in qualification at other RBOC's, independent, and long distance carriers and we believe the same features, demonstrated field reliability, and engineering support service that allowed us to win the SBC opportunity will likely result in the securing of far more business to come, expanding our leadership position." 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. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: MicroTel International, Inc. James P. Butler, CFO 909/456-4321 Web site: microtelinternational.com WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. *** end of story ***