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MicroTel International Inc. Announces Pending Name and Stock Symbol Changes

Posted on: Tuesday, 14 September 2004, 06:00 CDT

MicroTel International Inc. (OTCBB:MCTL), an international manufacturer of defense and aerospace electronic components and subsystems and communication equipment, today announced that it is in the process of changing its corporate name and obtaining a new stock symbol. MicroTel anticipates announcing the new name and new stock symbol on or about September 15, 2004.

About MicroTel

MicroTel International Inc. is a multi national manufacturer of defense and aerospace electronic components and subsystems and communication equipment. Our electronic components group, which includes XET Corporation and its international subsidiaries, provides custom power conversion products, digital and rotary switches and subsystem assemblies to the global electronic components market and are primarily used for defense, aerospace and industrial applications. Our communications group, consisting of CXR Larus Corporation and CXR Anderson Jacobson, provides network access, transmission and test equipment to the North American, European and Asian communications industry. Founded in 1983, MicroTel operates out of facilities in the United States, United Kingdom, France and Japan. As of August 31, 2004, we had a total of 221 employees in our various subsidiaries and divisions.

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