MicroTel International Inc. Has Released Its 2002 Stockhoders Report; The Company Will Forego a Stockholders Meeting This Year.

Business Editors/High-Tech Writers

RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--Oct. 30, 2003

MicroTel International Inc. (OTC BB:MCTL), an international manufacturer of defense and aerospace electronic components and subsystems and communication equipment, today announced the hard copy mailing of its 2002 Annual Stockholders Report. In the year 2003 MicroTel has no company matters to bring to its stockholders for a vote. Therefore, the board of directors has decided to save considerable funds by foregoing a stockholder meeting this year. However, a decision was made to extend and make marked improvements to the company's Annual Report in order to keep its stockholders and interested investment professionals informed of the company's progress.

Commenting on the stockholders report Randolph D. Foote, Senior Vice President and Chief Financial Officer stated: "The major theme of the Annual Report is `Strength Through Diversity.' However, we have no doubt our stockholders will find other sections of the report concerning our `Accomplishments,' `Customers' and especially `Corporate Strategies for Future Growth, Profitability and Improved Stockholder Value and Liquidity' equally compelling. Also, new for this year, the report has been published in electronic format and it will be available at our Web site www.mincrotelinternational.com and will also be available at `AnnualReports.com' the first week in November."

Carmine T. Oliva, Chairman, President and Chief Executive Officer stated: "We believe our report has graphics, production quality and content comparable to annual reports of much larger public corporations. For this reason we are making our report available in an electronic enhanced HTML interactive format on both our Web site and `AnnualReports.com.' We can be located at `AnnualReports.com' by searching by our stock symbol, MCTL, by industry, under defense and aerospace or telecommunications products or alphabetically, following Microsoft Corporation.

"The annual report not only describes MicroTel's financial position as of December 31, 2002, but of equal importance it outlines our strategic direction. This report provides the information needed to understand `who we are,' `where we are going' and `how we intend to get there.' It represents a clear and exciting vision of MicroTel's future."

About MicroTel

MicroTel International is an international manufacturer of defense and aerospace electronic components and subsystems and communication equipment. The company's electronic components group, which includes XET Corp. 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. The company's communications group, consisting of CXR Telcom Corp. and CXR, S.A.S. (France), provides network access, transmission and test equipment to the North American and European communications industry. Founded in 1983, MicroTel operates out of facilities in the United States, France, the United Kingdom and Japan. As of Sept. 30, 2003, the company had a total of 188 employees in its various subsidiaries and divisions.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

With the exception of historical information, the matters discussed in this press release are forward looking statements that involve a number of risks and uncertainties. The actual future results of MicroTel could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to those factors contained in the "Risk Factors" Section of the company's Form 10-K for the year ended Dec. 31, 2002.