(this stock has gone from .15 to 1.35 pps in 7 months, and the future looks positive as it can be)
Microtel International Inc. is an International Telecommunications and Electronic components company. The company comprises three wholly owned subsidiaries - CXR Telcom Corporation in Fremont, CA and CXR S.A. in Paris, France - which constitute the Telecommunications Group and XET Corporation in Rancho Cucamonga, CA, which together with its international subsidiaries constitute the Electronic Components Group. The Telecommunication Group design, manufacture and market electronic telecommunications test instruments and transmission and network access equipment for voice, data and video. The Electronics Group design, manufacture and market electronic components including digital switches and power systems. The Company operates out of facilities in the U.S., France, England and Japan.
Operating Groups Overview
Microtel's expertise is concentrated within two business units in which we bring together businesses with related technology or customers, providing them the environment to develop synergies through co-operation.
Innovative high performance solutions for manufacturers of communications equipment and operators of communication networks.
Electronic Components Group
High specification power systems, displays and switches for telecommunication and civil and military aerospace applications.
Microtel International Inc. is organized into two operational groups, telecommunications and electronic components. The telecommunications group, consisting of CXR Telcom Corporation and CXR S.A., provides telecommunications testing, transmission, and network access equipment for the telecommunications industry. The electronics components group, comprised of XET Corporation and its international subsidiaries, provides electronic components for industrial, and commercial and military aerospace markets.
CXR Telcom Corporation, the group's US-based telecommunications test instrument subsidiary, designs, manufactures and markets telecommunications test instruments for central office and field use. It offers a broad product line to the telecommunications market, providing a range of high-performance digital test instruments for the installation, maintenance and monitoring of DS1, DS3, STS-1 and SONET networks. Products are sold to the Regional Bell Operating Companies, independent telephone companies, competitive local exchange carriers (CLECs) and to private, governmental and other communications network applications.
CXR S.A., the group's France-based telecommunications transmission and network access products subsidiary, designs, manufactures and markets a complete range of transmission and network access products, including fiber, vf and DSL modems, ISDN products, channel banks, routers, and remote access servers. These products are offered as freestanding units or in managed configurations using Simple Network Management Protocol and, most recently, Internet Protocol. The equipment is employed by businesses, government agencies and others to transmit data, voice and video within local area and wide area networks.
XET Corporation and its international subsidiaries, Microtel's electronic components group, design, manufacture and market custom power conversion products and digital switches. The group provides custom electronic solutions for power conversion and electronic signal input requirements. Component applications include aircraft cockpit heads up displays, military manpack radios and other aerospace solutions for projects such as "Stealth" and other fixed and rotary wing military aircraft, as well as such commercial aircraft as Boeing 737 and 777 in the US and Aérospatiale aircraft models in Europe. In addition, XET provides a wide array of solutions for many other non-aerospace commercial and industrial applications.
To balance the risk associated with high growth telecommunications opportunities, Microtel relies on product and geographic diversification. The goal is to increase revenue and earnings, while continuing to focus on reinforcing core business and operating as international business units to maximize the return on Microtel's worldwide presence. In order to do so, Microtel is implementing a four-point strategy for growth, which contributed to the return to profitability in 2000.
Move into higher value-added products in the telecommunications test instrument market. We are on our way to achieving this goal, having acquired T-COM, a manufacturer of central office test instruments, in 2000. The acquisition expands our line of test instruments, previously focused mainly on field equipment, by now giving us access to central office equipment customers. We also expect to be able to record a first sale of our new Asynchronous Transmission Mode test instruments into this market in 2001. We are also set to introduce our high-end hand-held DS3 test set for field applications in 2001. As a result of these developments, we are in a position to offer end-to-end test equipment for systems covering the whole range of data, voice and video from the central office to the field.
Expand our line of transmission and network access products to include newer, higher bandwidth technologies including fiber and MSDSL modems and broaden their application through added features such as web-based Internet Protocol management capabilities. Microtel's business strategy is to be a fast follower, and we believe that the potential of our newest data, voice and video products points the way to the future.
Re-introduce our internationally recognized modem brand, Anderson-Jacobson, to the North American market following a complete overhaul of the product range in 2000. The new and broader Anderson-Jacobson product line has been successfully introduced in Europe and we believe there is also significant potential for these products in North America.
Balance our high-growth telecommunications market focus with our established electronic components business, which combines stable revenue and profitability with a significant opportunity for growth. We are confident that our power conversion business will continue to add to revenue and earnings.
Microtel continues to expand our product line to incorporate the latest, high-bandwidth applications. We intend to continue to focus on the "last-mile" of communications infrastructure which is a key focus of the industry as it works to recoup the cost of building out the fiber-optic backbone in the late-90s. And we continue to improve the electronic component products we offer, keeping ahead of our competitors in the price-value equation. As much of our equipment is already included in our customer's specifications, we have a strong presence in the market and believe we can continue to improve our position.
Microtel is active in North America and Europe with manufacturing and marketing facilities. The telecommunications markets in the two areas are not on the same cycle, meaning a slowdown in one geographic area is likely to be offset by strong growth in the other. We are also present in the Asian market, with our newer Japanese facilities. Although they account for only a small portion of our sales at the moment, we expect Japan and the developing economies of Asia to be major markets for Microtel's products in the medium term.
• MicroTel International's Subsidiary, CXR Anderson Jacobson Wins Additional Orders from Siemens and Rockwell Collins for the French Army Worth $350,000
Tue 8:45am - Business Wire
• Microtel International, I Financials
Thu, Nov 13 - EDGAR Online Financials
• MicroTel's Annual Report is Now Available on MicroTel's Web Site and on www.Annualreports.com
Thu, Nov 13 - Business Wire
• MicroTel's CXR Telcom Subsidiary Announces Approval and Standardization of the Halcyon 704A-400 Handheld Test Set Series by the Last Remaining RBOC to Grant Such Approval
Tue, Nov 11 - Business Wire
• MicroTel International Inc. 3rd Quarter 2003 Profit Reaches over a Half Million Dollars
Thu, Nov 6 - Business Wire
• MicroTel International's U.K. Subsidiary, XCEL Power Systems Ltd Wins New Contract From AMS
Wed, Nov 5 - Business Wire
• Microtel's CXR SAS France Subsidiary Has Changed Its Name to CXR Anderson Jacobson
Mon, Nov 3 - Business Wire
• MicroTel International Inc. Announces Third Quarter 2003 Conference Call
Mon, Nov 3 - Business Wire
• CORRECTING and REPLACING MicroTel International Inc. Has Released Its 2002 Stockholders Report
Thu, Oct 30 - Business Wire
• MicroTel International's XCEL Corporation Ltd. Subsidiary Wins an Additional Contract from Serco plc
Tue, Oct 28 - Business Wire
Thu, Oct 23, 2003
• MicroTel International's Subsidiary, XET Corporation, Launches New Patent Pending Rotary Switches at the National Business Aviation Association Annual Conference
Thu, Oct 23 - 8:45am ET - Business Wire
Tue, Oct 21, 2003
• MicroTel's Subsidiary CXR SAS -France- Secures Orders from Two French Public Electric Utility Companies, EDF and RTE
Tue, Oct 21 - 8:45am ET - Business Wire
Thu, Oct 16, 2003
• MicroTel Intends to Accelerate Release of Its Third Quarter 2003 Results
Thu, Oct 16 - 8:45am ET - Business Wire
Wed, Oct 15, 2003
• MicroTel International's Subsidiaries Achieve the New ISO9001-2000 Quality Accreditation
Wed, Oct 15 - 8:45am ET - Business Wire
Wed, Oct 8, 2003
• MicroTel International's Subsidiary, CXR Telcom, Secures Orders from Verizon Communications
Wed, Oct 8 - 8:45am ET - Business Wire
Thu, Oct 2, 2003
• MicroTel's Subsidiary, CXR SAS -- France --, Obtains Orders from the French Navy for Secure Telecommunications Access Equipment
Thu, Oct 2 - 8:45am ET - Business Wire
Mon, Sep 29, 2003
• MicroTel Profiled in `Top 10 Microcap Stocks' Web Site
Mon, Sep 29 - 8:45am ET - Business Wire
Tue, Sep 23, 2003
• MicroTel International's Subsidiary, XET Corp., Has Launched a New Rotary Switch Series and Has Received an Initial Purchase Order from a Military Customer
Tue, Sep 23 - 8:47am ET - Business Wire
Thu, Sep 18, 2003
• MicroTel Requests Internet Financial Sites to Update Their Profile to Reflect Defense & Aerospace
Thu, Sep 18 - 8:46am ET - Business Wire
Mon, Sep 15, 2003
• MicroTel International's Subsidiary XET Corporation Completes Latest Accelerated Contract Requirement for Custom Defense Avionics Communications Subsystems
Mon, Sep 15 - 8:45am ET - Business Wire
Tue, Sep 9, 2003
• PSA -- Peugeot-Citroen -PSA- Selected MicroTel International's Subsidiary, CXR SAS -France-, for Equipment to Administer and Backup Operational Networks
Tue, Sep 9 - 8:45am ET - Business Wire
Thu, Sep 4, 2003
• Microtel International Announces a New Range of GSM/GPRS Data Products Targeted at the U.S. Electric Utility Power Grid Market
Thu, Sep 4 - 8:45am ET - Business Wire
Mon, Aug 25, 2003
• MicroTel's CXR Telcom Corporation Subsidiary is Experiencing Hightened Interest in Its Test Instruments for Electric Power Utilities, Power Grid Protective Relaying Links
Mon, Aug 25 - 8:45am ET - Business Wire
Thu, Aug 14, 2003
• MICROTEL INTERNATIONAL INC Files SEC form 10-Q, Quarterly Report
Thu, Aug 14 - 8:00am ET - EDGAR Online
Thu, May 15, 2003
• MICROTEL INTERNATIONAL INC Files SEC form 10-Q, Quarterly Report
Thu, May 15 - 8:37am ET - EDGAR Online