Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MICROTEL INTL (Nasdaq:MCTLC) -- Ignore unavailable to you. Want to Upgrade?

To: flyintigress who wrote (4)	4/22/1999 2:18:00 PM
From: Condor	Respond to of 17

NEWS: Applies to: MCTLC DTSX) MicroTel's French Subsidiary CXR S.A. Launches Enhanced ISDN Channel Bank; First Year Revenues Expected to Exceed $500,000 ONTARIO, CALIF. (April 22) BUSINESS WIRE -April 22, 1999--MicroTel International Inc. (NASDAQ SmallCap: MCTLC) today announced that its Paris-based French subsidiary, CXR S.A. has completed further enhancements of its market leading ISDN Channel Bank product line. The units, which provides separation and aggregation of Primary Rate ISDN into multiple Basic Rate ISDN channels and vice versa, now have additional security, logging and diagnostics features. The enhanced product's first year revenues are expected to exceed $500,000 and will contribute to MicroTel's rapidly growing transmission business. Commenting on the product, Graham Jefferies, MicroTel's vice president and director of International Operations, stated "This new addition to our product portfolio further strengthens our market leading position as a provider of ISDN transmission solutions, equipment and service. Our French subsidiary achieved revenues of $11 million in 1998, of which $6 million was transmission products and services. Transmission products will be a significant contributor to 1999 revenue and profitability growth." MicroTel International Inc. is a holding company for its three wholly owned subsidiaries - CXR Telcom Corp. in Fremont, Calif.; CXR, S.A. in Paris and XIT Corp. in Ontario, Calif. and its 41% owned affiliate company Digital Transmission Systems Inc. located near Atlanta. CXR Telcom Corp., 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 Corp. 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. -0- jh/ny* jp csm CONTACT: MicroTel International Inc. James P. Butler, 909/456-4321 microtelinternational.com or H.L. Lanzet Herbert Lanzet/DeeDee Lanzet, 212/687-0061 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com