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Microcap & Penny Stocks : Microtel, benefitting from the Telecom Bill -- Ignore unavailable to you. Want to Upgrade?

To: flyintigress who wrote (156)	11/16/1999 9:16:00 AM
From: BlueCheap	Read Replies (1) \| Respond to of 189

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