MicroTel's Digitran Division of its XIT Corp. Subsidary has Been Awarded a Subcontract to Provide Night Vision Goggle -NVG- Compatible Digital Switches for U.S. Army Aircraft.
RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--April 12, 2000
The Subcontract Totaling Over $450,000 is for Immediate Delivery
MicroTel International Inc. (OTCBB: MCTL) ("MicroTel") Wednesday announced that its Digitran Division of XIT Corp. has received a U.S. Army subcontract for Night Vision Goggle compatible switches valued in excess of $450,000. The Digitran(R) switches are used to upgrade Army aircraft cockpit instrumentation to be compatible with Night Vision Illumination Systems (NVIS).
According to William J. Miller, vice president & general manager of XIT: "The Digitran Division is the sole source supplier for certain Night Vision switches for military and other U.S. government aircraft applications. The use of the Digitran(R) NVIS compatible switches is a highly cost-effective solution for this application.
"These Digitran(R) switches are form, fit and function replacements for existing Digitran(R) switches in a number of older cockpit mounted control systems not previously NVG compatible. The use of Digitran's advanced night vision lighting technologies saves the Army the very costly replacement of several existing cockpit control systems to achieve NVIS compatibility."
Commenting on this award, Carmine T. Oliva, MicroTel's chairman & CEO said: "This is yet another demonstration of MicroTel's commitment to the design and manufacturing of leading edge, high technology products. This award utilizes the third unique Night Vision compatible lighting design that the Digitran Division has developed. Digitran has become the world leader in engineering design and manufacture of NVIS compatible rotary switches."
MicroTel International is an international telecommunication electronics company comprising three wholly owned subsidiaries -- CXR Telcom Corp. in Fremont, Calif., CXR, S.A. in Paris, and XIT Corp. (Xcel Information Technologies Corp.) in Rancho Cucamonga.
CXR Telcom Corp. and CXR, S.A. design, manufacture and market electronic telecommunication test instruments, wireless and wireline voice, data and video transmission and network access 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 United States, France, England and Japan.
The statements in this news 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.
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|Date:||Apr 12, 2000|
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