Document:

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                                                                   EXHIBIT 10.32

                         DEED OF GUARANTEE AND INDEMNITY

To       Venture Finance PLC
         Sussex House
         Perrymount Road
         Haywards Heath
         West Sussex RH16 1DN

1        In this deed except where the context otherwise requires:

         (1)      words implying the singular shall include the plural and words
                  implying any of the three genders shall include either of the
                  other two; and

         (2)      the following expressions shall have the meanings assigned to
                  them below:

                  "Agreement"       any agreement between the Principal and you
                                    for the sale and purchase or factoring or
                                    discounting of debts;

                  "Co-surety"       any person (other than a person named in
                                    section 2 of the Schedule) who has given a
                                    guarantee or indemnity in respect of any
                                    obligations of the Principal to you:

                  "Indulgence"      the grant of any time or indulgence or the
                                    conclusion of any agreement not to sue or of
                                    any compromise or composition or the release
                                    of any charge lien or other security or any
                                    part thereof;

                  "Losses"          losses costs damages claims interest and
                                    expenses;

                  "Principal"       the person whose name and address appears in
                                    section 1 of the Schedule;

                  "Schedule"        the schedule annexed to and forming part of
                                    this deed.

2        We the Guarantors and Indemnifiers whose names appear in section 2 of
         the Schedule hereby guarantee:

         (i)      the due performance of all the obligations to you of the
                  Principal under the Agreement and any other agreement and

         (ii)     upon your demand in writing the due payment of all amounts
                  payable or which may at any time hereafter become payable to
                  you by the Principal whether arising under the Agreement or
                  otherwise.

3        Without prejudice to the provisions of paragraph 2 hereof we hereby
         agree to indemnify you and hold you harmless against all losses you may
         suffer or incur by reason of any failure of the Principal to comply
         with any term of the Agreement or of any other agreement between the
         Principal and you.

4        The guarantee given herein shall be a continuing guarantee and shall
         apply to the ultimate amount payable by the Principal and shall not be
         discharged by any intermediate payment or satisfaction by the
         Principal.

                                      -1-

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5        Our liability under this guarantee and indemnity shall not be affected
         by:

         (i)      any Indulgence granted or made by you to or with the Principal
                  or any Co-surety;

         (ii)     any variation in the Agreement or in any other agreement
                  between the Principal and you (whether or not our liability to
                  you may be increased thereby) or by any defect therein or in
                  its execution;

         (iii)    any failure by you to take perfect or hold unencumbered any
                  security from the Principal or any other person;

         (iv)     any change in the constitution of the Principal; or

         (v)      any other matter or circumstance that might, but for the
                  operation of this paragraph, operate to release or reduce our
                  liability hereunder,

         and we shall be liable hereunder in every respect as principal debtors.

6        If two or more persons are named as Guarantors and Indemnifiers in
         section 2 of the Schedule our liability hereunder shall be joint and
         several and the liability of each one of us shall not be affected by
         any Indulgence granted or made by you to or with any other of us nor
         by:

         (i)      any defect in the execution of this deed by any other of us:

         (ii)     any defect in any other guarantee or indemnity or other
                  security held by you in respect of the Principal's obligations
                  to you or in the execution thereof:

         (iii)    any notice of termination hereof by any other of us;

         you may at your discretion (but shall not be obliged to) treat any
         notice by any one of us as notice by all of us.

7        We shall be liable to pay you interest calculated from day to day and
         compounded monthly at four per cent over the base rate of HSBC Bank plc
         on all sums demanded by you hereunder from the date of your demand to
         the date when payment is received by you both before and after any
         judgement.

8        As security for the due performance of our obligations hereunder:

         (i)      Each one of us that is a corporate body hereby assigns to you
                  any right of proof (in consequence of the winding up of the
                  principal) in respect of any indebtedness of the Principal to
                  each one of us; and

         (ii)     Each one of us that is not a corporate body hereby assigns to
                  you any amount which is now or may hereafter become owing to
                  that one of us by the Principal together with any security
                  taken or to be taken to secure that indebtedness.

                                      -2-

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         (iii)    Each one of us irrevocably appoints you and your directors and
                  company secretary for the time being jointly and each one of
                  you and them severally to be his attorney to execute in his
                  name such document and to do such other things as you may
                  consider requisite to effect collection of any dividend or to
                  vote at any meeting in respect of such right of proof or to
                  perfect your ownership of and to collect any such indebtedness
                  and to realise any such security as the case may be.

9        Any monies received by you by virtue of or in connection with this
         guarantee and indemnity may be placed by you to the credit of a
         suspense account with a view to your preserving your right to prove for
         the whole of your claim against the Principal in the event of its
         winding up.

10       We agree to pay you all costs and expenses (on a full indemnity basis)
         arising out of or in connection with the recovery by you of the monies
         due to you herein.

11       Any discharge given by you to us in respect of our obligations under
         this guarantee and indemnity shall be deemed to have been void and of
         no effect if any security taken from or payment made by the Principal
         or any other person which had been taken into account by you in giving
         the discharge is subsequently avoided or reduced by or in pursuance of
         any provision of law. The paper on which this deed is written shall
         remain your property notwithstanding any such discharge.

12       This guarantee and indemnity shall be additional to and not in
         substitution for any other security taken or to be taken by you in
         respect of the Principal's obligations to you. In arriving at the
         amount payable to you by the Principal you shall be entitled to take
         into account all liabilities (whether actual or contingent) and to make
         a reasonable estimate of any contingent liability. This guarantee and
         indemnity shall remain in full force and effect until the expiry of not
         less than three months notice of its termination given by us by
         delivery of it to your registered office not earlier than the
         termination of the Agreement (and if the Agreement comprises more than
         one agreement until the last such termination); but such termination of
         this guarantee and indemnity shall not affect our liability as regards
         any liability of the Principal arising out of any transaction having
         its inception before the expiry of the period of such notice.

13       Any notice or demand on any of us shall be validly given or made if
         delivered to or sent by post to its address stated in section 2 of the
         Schedule or its address last known to you (or in the case of a
         corporate body to its registered office or if handed to one of its
         officials) and if sent by post shall be deemed to be received within
         seventy-two hours of posting.

14       This guarantee and indemnity shall be construed and take effect
         according to English law and we accept the non-exclusive jurisdiction
         of the English Courts. If any provision hereof shall be held invalid or
         unenforceable no other provisions hereof shall be affected and all such
         other provisions shall remain in full force and effect.

                                      -3-

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                                  THE SCHEDULE

1        PRINCIPAL:                                  Xcel Power Systems Limited
                                                     Brunswick Road
                                                     Cobbs Wood
                                                     Ashford
                                                     Kent
                                                     TN231EB

         Country of registration:                    England
         Registered number:                          00575679

2        GUARANTOR AND
         INDEMNIFIER:                                Microtel International Inc.
                                                     9485 Haven Avenue
                                                     Suite 100
                                                     Rancho Cucamonga
                                                     CA 91730

         Country of registration:                    United States of America
         Registered number:

IN WITNESS whereof such of the parties have executed this Deed in the manner
described below

Signed as a Deed by        MICROTEL INTERNATIONAL INC.
                                                             )
                                                             )
on the 12 day of November 2002                               )

Acting by:

/S/ CARMINE T. OLIVA        Director                 )    /S/ CARMINE T. OLIVA
---------------------------                                -------------------
     Carmine T. Oliva                                )

/S/ ROBERT B. RUNYON        Director/Secretary       )    /S/ ROBERT B. RUNYON
---------------------------                               --------------------
     Robert B. Runyon

                                      -4-

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IN WITNESS whereof such of the parties have executed this Deed in the manner
described below

Signed as a Deed by        XCEL CORPORATION LIMITED

                                                     )
                                                     )
on the 23 day of October 2002                        )

Acting by:

/S/ C.T. OLIVA              Director                 )    /S/ CARMINE T. OLIVA
---------------------------                                ---------------------
                                                     )
/S/ GRAHAM JEFFERIES        Director/Secretary       )    /S/ GRAHAM JEFFERIES
---------------------------                               ----------------------

Signed as a Deed by        BELIX POWER CONVERSION LIMITED

                                                     )
                                                     )
on the 23 day of October 2002                        )

Acting by:

/S/ C.T. OLIVA              Director                 )    /S/ CARMINE T. OLIVA
---------------------------                                ---------------------
                                                     )
/S/ GRAHAM JEFFERIES        Director/Secretary       )    /S/ GRAHAM JEFFERIES
---------------------------                               ----------------------

Signed as a Deed by        BELIX WOUND COMPONENTS LIMITED

                                                     )
                                                     )
on the 23 day of October 2002                        )

Acting by:

/S/ C.T. OLIVA              Director                 )    /S/ CARMINE T. OLIVA
---------------------------                                ---------------------
                                                     )
/S/ GRAHAM JEFFERIES        Director/Secretary       )    /S/ GRAHAM JEFFERIES
---------------------------                               ----------------------

                                      -5-<PAGE>

                                                                   EXHIBIT 10.33

                               ADVANTAGE FACILITY

DATED:                          12 November 2002
-----

BETWEEN:-              (I)      Venture Finance PLC (a company registered in
-------                         England and Wales with the
                                number 2281768) ("Venture") and

                       (II)     Xcel Power Systems Limited (a company registered
                                in England and Wales with the number) 00575679
                                ("the Client").

WHEREAS:-              (A)      Venture and the Client are parties to an
-------                         agreement for the Purchase of Debts  which on
                                the ("the Agreement"), and

                       (B)      The Client has requested and Venture has agreed
                                to provide additional financing facilities to
                                the Client subject and supplemental to the
                                Agreement and upon the terms hereof.

NOW IT IS HEREBY AGREED AS FOLLOWS:-
------------------------------------

(1)      Venture may upon request from the Client make an Additional Payment to
         the Client subject to the terms hereof.

(2)      The Client shall, in consideration of Venture's agreement to the terms
         hereof, and/or the making of any Additional Payment to the Client,
         grant in favour of Venture a Debenture in respect of and over all the
         assets property and undertaking of the Client now or hereafter ("the
         Debenture") the Debenture to have priority over all other debentures
         charges or other security granted in favour of any person by the Client
         in existence now or hereafter or subject to such priority over such of
         the assets property and undertaking of the Client as Venture may in its
         absolute discretion agree.

(3)      In addition to and notwithstanding the other terms hereof Venture shall
         not be obliged to make any payment, Prepayment or Additional Payment to
         the Client (other than in its absolute discretion) if following
         Venture's own assessment of the Client's Eligible Collateral in
         accordance with the Eligible Collateral Formula, and after a notional
         or actual combination of all accounts of the Client with Venture ("the
         Account Balance") the making of such a payment, prepayment or
         Additional Payment to the Client would cause the Account Balance to
         exceed the Facility Limit.

                                      -1-

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(4)      Venture shall (in its absolute discretion and without affecting the
         intent effect or extent of this Deed) maintain such accounts or such
         additional accounts as it deems necessary to record the transactions
         between Venture and the Client pursuant to or under the terms of this
         Deed and Venture shall be entitled from time to time and at any time to
         combine all and any such accounts maintained in the name of the Client
         in the books of Venture such combination being deemed to have taken
         place on the happening of any event giving rise to the right of Venture
         to terminate this Deed and/or the Agreement.

(5)      All the terms of the Agreement which relate to payments to the Client
         (including Prepayments) shall apply to any Additional Payment.

(6)      The amount of any Additional Payment shall be such as may be agreed by
         Venture with the Client.

(7)      The Client shall throughout the duration of this Deed comply at all
         times with all provisions contained within the Agreement and the
         Debenture, and shall provide to Venture all such information and
         physical access to premises owned or under the control of the Client as
         Venture may reasonably require and the Client hereby grants an
         irrevocable licence to Venture for Venture (and any of its employees
         servants or agents) to enter upon any premises owned or under the
         control or authority of the Client at any time during normal business
         hours for the purposes of this Deed, for confirming and ensuring the
         compliance by the Client with the terms hereof, and for the purposes of
         Venture's assessment and monitoring from time to time as it may require
         of the location state nature and value of any Eligible Collateral at
         that time.

(8)      Notwithstanding and in addition to the terms of this Deed the Client
         shall remain bound by all the warranties undertakings covenants and
         obligations contained within the Agreement and the Debenture. In
         addition the Client shall comply with all the Collateral Reporting and
         Monitoring Requirements of Venture as detailed in paragraph 5 of the
         Schedule or as Venture may require and may notify to the Client from
         time to time.

(9)      Subject to the terms of this Deed Venture shall not make payment of
         Additional Payments aggregating from time to time to more than the sum
         stated in paragraph 1 of the Schedule hereto although this amount may
         be increased or reduced from time to time by Venture in its absolute
         discretion.

(10)     It is agreed that the contents of any report (whether written or oral)
         prepared by Venture for the purposes of Venture considering whether or
         not to make payment of any Additional Payment to the Client shall
         remain confidential and shall not be available to the Client for any
         reason (save for any requirement of law) in whole or in part and
         whether in original or copy form.

(11)     In addition to all fees charges costs and expenses payable by the
         Client to Venture pursuant to the Agreement the Client shall pay to
         Venture on the date of this Deed and on each anniversary thereof the
         Annual Fee referred to in the Schedule. All and any amounts payable by
         the Client to Venture herein may be debited by Venture to the Current
         Account of the Client in the books of Venture from time to time.

                                      -2-

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(12)     Further the Client shall pay to Venture an Administration Charge in the
         amount specified in paragraph 3 of the Schedule during the currency of
         this Deed.

(13)     Any Additional Payment made pursuant to the terms of this Deed shall be
         subject to a Discount Charge at the rate specified in paragraph 4 of
         the Schedule which Discount Charge shall accrue daily on the balance of
         all Additional Payments then having been made to the Client and which
         shall be debited to the Current Account of the Client with Venture
         monthly.

(14)     The agreement recorded in this Deed may be terminated by Venture upon
         or following any breach hereof by the Client and/or upon or following
         Venture having the right to terminate the Agreement, and shall in any
         event terminate without further formality upon the termination of the
         Agreement for whatsoever reason.

(15)     As a consequence of the entering into of this Deed and to give effect
         to the intent hereof Venture shall be entitled from time to time to
         increase or reduce the Prepayment Percentage to such percentage (not
         exceeding 100%) and for such time as Venture may in its absolute
         discretion determine. For the avoidance of doubt no payment or
         Prepayment or Additional Payment shall be made to the Client at any
         time (other than in Venture's absolute discretion) if the making of any
         such payment or Prepayment or Additional Payment would cause the
         Account Balance to exceed the Facility Limit.

(16)     In this Deed where the context so permits, the singular shall include
         the plural and vice versa and reference to any one gender shall be
         deemed to include reference to the other two, and where any expression
         used herein is defined in the Agreement such expression shall have the
         same meaning herein as therein where the context so permits.

(17)     This Deed shall be read and construed and shall be subject to English
         Law.

(18)     In this Deed:-

         "Additional Payment" shall mean a payment by Venture to the Client on
         account of the Purchase Price of Debts the subject of the Agreement in
         excess of any payment or Prepayment which would normally be made by
         Venture to the Client but for the entering into of this Deed, the
         making of such payment being in the absolute discretion of Venture at
         all times, and

         "Base Rate" shall mean the Base Rate set by Venture's Bankers subject
         to a minimum rate of 4%, and

         "Collateral Reporting and Monitoring Requirements" shall mean the
         reporting and monitoring requirements of Venture in relation to the
         Eligible Collateral from time to time including monitoring by way of
         physical access to premises and such Eligible Collateral by Venture or
         any of its employees servants or agents and shall for the time being be
         those detailed in the Schedule, and

                                      -3-

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         "Eligible Collateral" shall mean such of the Client's undertaking
         property and assets as Venture may from time to time notify to the
         Client as forming part of the Client's Eligible Collateral and shall
         until further notice be assessed in accordance with the Eligible
         Collateral Formula appears in the Schedule, and

         "Eligible Collateral Formula" shall mean the formula referred to in
         paragraph 6 of the Schedule until such shall be varied (in Venture's
         absolute discretion) by notice in writing to the Client.

         "Facility Limit" shall mean a sum equivalent to the credit balance from
         time to time on the Debts Purchased Account of the Client in the books
         of Venture, or such sum as Venture may notify to the Client from time
         to time in Venture's absolute discretion, and

         "the Schedule" shall mean the schedule hereto, and

         "Venture's Bankers" HSBC Bank Plc or such other bank as Venture may
         from time to time, at its sole discretion, appoint as its bankers.

                                      -4-

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                                    SCHEDULE

1.       Additional Payment Limit:- (pound)225,000 (Pounds Sterling Two Hundred
         and Twenty Five Thousand) (clause 9)

2.       Annual Fee: N/A (clause 11)

3.       Administration Charge: (pound)1,000 (Pounds Sterling One Thousand)
         jointly with the Term Loan facility (per month or part thereof) (clause
         12)

4.       Discount Charge: 2.0% above the Base Rate of Venture's Bankers for the
         time being in force (clause 13)

5.       Collateral Reporting and Monitoring Requirements:- (clause 8)

         (i)      Inventory and Preferential Creditors (as defined in Schedule 6
                  to the Insolvency Act 1986) - Monthly within 5 working days of
                  each month end.
         (ii)     Fixed Assets - Annual valuation (on date of anniversary of
                  this Deed) by valuer to be agreed by Venture.
         (iii)    Eligible Collateral Audits - per quarter annum following
                  commencement of this Deed.

                                      -5-

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6.       Eligible Collateral Formula:- (clause 3)

         The Eligible Collateral Formula for the AdVantage Facility in respect
         of stock will be Raw Materials x 25% plus Work in Progress x 25% less
         preferential creditors subject to an AdVantage Limit of (pound)225,000
         (Pounds Sterling Two Hundred and Twenty Five Thousand).

         Venture will require a detailed stock listing on a monthly basis. This
         report will be required within five working days of each period end and
         is to include details of all categories of stock and preferential
         creditor balances.

                                      -6-

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IN WITNESS WHEREOF the parties hereto have executed this deed in the manner
hereafter appearing and have delivered it on the date first above written.

EXECUTED AND DELIVERED AS A DEED by

PAUL BEVERIDGE                                       /S/ PAUL BEVERIDGE
--------------                                       ------------------

as Attorney for VENTURE FINANCE PLC

in the presence of:-

PAUL ARPS                                            /S/ PAUL ARPS
---------                                            -------------

Address of Witness         SUSSEX HOUSE, PERRYMOUNT ROAD, HAYWARDS HEATH
                           -----------------------------------------------------

         Executed and delivered as a deed
         by

         Acting by:

         C.T. OLIVA              Director                   /S/ CARMINE T. OLIVA
         ------------------------                           --------------------

         GRAHAM JEFFERIES        Director/Secretary         /S/ GRAHAM JEFFERIES
         ------------------------                           --------------------

                                      -7-

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