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Technology Stocks : Westell WSTL
WSTL 6.190+1.5%Jan 15 3:47 PM EST

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To: P314159d who wrote (16333)6/4/1999 7:57:00 AM
From: Anthony Tsai  Read Replies (1) of 21342
 
Friday June 4, 7:15 am Eastern Time
Company Press Release
SOURCE: Westell Technologies, Inc.
Westell Technologies Highlights DSL and CLEC Products at SuperComm '99, Booth 2549
AURORA, Ill., June 4 /PRNewswire/ -- Westell Technologies, Inc. (Nasdaq: WSTL - news) announced today they will be highlighting several of its leading DSL and CLEC products at SuperComm '99 (Booth # 2549). In addition, Westell CEO Marc Zionts will be a featured speaker on several panels and will address the DSL industry, Westell's strategy, and insights into Westell's service subsidiary, Conference Plus, Inc., a leading provider of audio, video and IP multicasting services.

Product Highlights:

1) The Communications Portal(TM), Westell's newest VoIP product, will
offer businesses the ability to obtain any combination of voice, fax
and high-speed data services consolidated over one copper loop.
Incumbent local service providers, long distance carriers and
competitive service providers will be able to easily integrate the
Communication Portal(TM) into their current network, enabling them
to change their current economic model.

2) Westell's new line of DS3-MegaJack products will be on display at
SuperComm '99. These innovative DS3 applications ensure
reliability, improve maintainability and reduce system costs for
CLECs, ILECs, wireless carriers and enterprise applications by
allowing remote and on-site testing of DS-3 circuits.

3) Westell will exhibit its completely integrated ADSL solution for
Lucent SLC® series digital loop carriers. Westell will also
exhibit Lucent's SLC LinkReach(TM) Access System in Westell's booth
(#2549) on a SLC 5 Carrier System and Lucent will demonstrate it in
its booth (#8039) on a SLC 2000 Access System. Both provide the
marketplace with an immediate ADSL solution that lets customers
deploy with the minimum level of installation, support and
maintenance costs.

4) Westell will exhibit several key products that allow customers to
Use All the Local Loop(TM), including:

-- PROACT(TM): the revolutionary T1 automatic protection switch
that continuously monitors the performance of your customer's T1
loops, and automatically switches to a standby circuit before
customers report trouble.

-- Total Access: the M1/3 multiplexer system that supports all
local loop transport technologies with its simplified
provisioning and easy-to-use menus.

-- ADSL Broadband Access Systems: the complete line of
interoperable DSL products that enable speeds up to 8 Mbps,
including our Personal Router and Personal Router Plus line of
WireSpeed CPE modems.

Westell CEO, Marc Zionts, will comment on the DSL marketplace, detail the Company's strategy, and provide insights into Westell's service subsidiary, Conference Plus, Inc., a top provider of audio, video and IP multicasting services. Mr. Zionts will participate in the Industry Update: ADSL Deployments and Experiences presentation and High-Speed Copper Access Technologies & Architecture TecForum on Monday June 7 from 1:00-2:00 and Thursday June 10, from 3:30-4:30. Additionally, at the Telecom Investor Forum on Wednesday, June 10, he will expand upon Westell's most recent product developments and highlight the growth prospects of CPI, a world leader in audio, video and IP conferencing services.

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, change their economic model, are forward looking statements that involve risks and uncertainties. These risks include, but are not limited to, product demand and market acceptance risks (including the future commercial acceptance of Westell's ADSL systems by telephone companies and other customers), the impact of competitive products and technologies (such as cable modems and fiber optic cable), competitive pricing pressures, product development, excess and obsolete inventory due to new product development, commercialization and technological delays or difficulties (including delays or difficulties in developing, producing, testing and selling new products and technologies, such as ADSL systems), the effect of Westell's accounting policies, the effect of economic conditions and trade, legal, social, and economic risks (such as import, licensing and trade restrictions) and other risks more fully described in Westell's Annual Report on Form 10-K for the fiscal year ended March 31, 1998 under the section ''Risk Factors''. 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.

SOURCE: Westell Technologies, Inc.

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