I think I found out what caused it..
Wednesday May 19, 04:23 PM Eastern time
Company Press Release
SOURCE:Westell Technologies, Inc.
Westell Technologies Subsidiary, Conference Plus, Inc. Demonstrates Its Interactive Internet Broadcast Service
IP Technology Used to Supplement Earnings Call
LOMBARD, Ill., May 19 /PRNewswire/ -- Conference Plus, Inc. (CPI), a Westell Technologies, Inc. (Nasdaq: WSTL) subsidiary, announced that it will demonstrate its interactive broadcast services, featuring MSHOW, during Westell Technologies' fourth quarter FY1999 earnings call scheduled for analysts and shareholders, after stock market close tomorrow.
Westell's CPI subsidiary will offer the MSHOW service that provides businesses worldwide with a fully managed, live, interactive broadcast solutions. MSHOW delivers a live, interactive, one-to-many or many-to-many presentation that is flexible, easy-to-use, and impressive to see. Companies can overcome the barriers of time and distance by taking advantage of MSHOW to conduct marketing meetings, training sessions, briefings, and product launches.
"The ability to incorporate the power of the Internet with our existing high-quality conferencing services further opens up new markets and applications," stated Rick Riviere, President and CEO of CPI. "As a full provider of audio teleconferencing, multi-point video conferencing, broadcast fax, and IP multimedia conferencing services, we can bridge traditional circuit switched and next generation packet switched networks. We can continue to offer our retail and private label customers high quality service across multiple media."
"We're pleased to be working with a leader like CPI to help build long term relationships with their customers," said Jim Freeze, Vice President of Sales, Marketing, and Business Development with MSHOW.com. "MSHOW provides CPI with the ability to combine their audio conferencing expertise with live web-based presentations to offer a new category of services known as interactive broadcasting."
"We are excited to be able to supplement our traditional voice call with multimedia material," remarked Westell CEO Marc Zionts. "Because the Internet portion of the call is synchronized with, but independent from the traditional voice call, our analysts will have the option to participate solely in the voice teleconference. We would encourage them to experience the power of Westell Technologies' CPI subsidiary's IP multicast service."
Participants will dial in for the voice portion. For the IP multicast, they will download software prior to the call and visit an assigned website immediately prior to the earnings conference. The synchronized call will be archived on Westell's home page, westell.com.
MSHOW.com is the interactive broadcasting company that provides businesses worldwide with a fully managed, live, interactive broadcast solution that saves time and money and dramatically increases productivity. Its flagship product, MSHOW, is an Internet-based interactive broadcasting service that provides businesses with the ability to present information to and interact with a globally dispersed audience. For more information, about MSHOW, visit mshow.com.
Conference Plus Inc., the first service bureau to earn ISO 9002 certification for audio and video conferencing services, is a multi-point telecommunications service bureau specializing in audio teleconferencing, multi-point video conferencing, broadcast fax and multimedia teleconference services. With offices in Lombard and Schaumburg, Illinois, CPI prides itself on providing services such as fax confirmations, on-line advanced reservations and customized reporting and billing systems for its customers. CPI's customers include Fortune 500 and Global Fortune 500 corporations and telecommunication resellers. Additional information can be obtained by visiting CPI's web site at cpiconf.com.
Westell Technologies, Inc., headquartered in Aurora, Ill., is a holding company for Westell, Inc. and Conference Plus, Inc. Westell, Inc. manufactures and licenses DSL systems and value added CPE, and manufactures telecommunications access products. Conference Plus, Inc. is a multi-point telecommunications service bureau specializing in audio teleconferencing, multi-point video conferencing, broadcast fax, and IP multimedia conferencing services. Additional information can be obtained by visiting Westell's Web site at westell.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained herein including, without limitation, "the ability to incorporate the power of the Internet with our existing high-quality conferencing services further opens up new markets and applications," are forward looking statements that involve risks and uncertainties. These statements include risks and uncertainties such as those listed under the "Risk Factors" section contained in Westell's Form 10-K for the fiscal year that ended March 31, 1998. These risks include but are not limited to, product demand and market acceptance risks, the impact of competitive products and technologies, competitive pricing pressures, product development, commercialization and technological delays or difficulties, evolving industry standards, the effect of economic conditions and trade, legal, social and economic risks. Westell undertakes no obligation to release publicly the result of any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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Contact:
Investor Relations, Bruce R. Albelda of Westell, Inc.,
630-375-4125 or balbelda@westell.com; Trade-Business Press, Brad Wills of
Wills & Associates, Inc., 301-530-3711, bwills@wills-pr.com; or MSHOW Contact,
Lisa Dickson of MSHOW.com, 303-730-4954 or ldickson@mshow.com
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