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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: LiPolymer who wrote (18499)	4/11/2000 8:05:00 AM
From: Michael F. Donadio	Respond to of 21342

Increased DSL manufacturing capacity: biz.yahoo.com Tuesday April 11, 7:00 am Eastern Time Company Press Release SOURCE: Westell Technologies Inc. Westell Technologies Selects Solectron to Provide Additional DSL Manufacturing Capacity Leading DSL Provider Supplements Internal Capabilities to Meet Expanding Demand AURORA, Ill., April 11 /PRNewswire/ -- Westell Technologies Inc. (Nasdaq: WSTL - news), a leading provider of DSL products, announced today that it has partnered with Solectron Corporation, one of the world's premier supply chain facilitators for customized electronics technology, manufacturing and service solutions, to supplement its existing capabilities to manufacture DSL products. Westell, already running at full capacity in its existing Aurora facility, will meet its expanding demand for DSL products through its arrangement with Solectron. With this partnership, Westell can rapidly increase its production capabilities by harnessing Solectron's full range of manufacturing and materials management expertise. The partnership also provides Westell with worldwide capabilities to meet the increasing global needs of its customers. ``Our partnership with Solectron will enable us to continue to deliver reliable, high-quality DSL products as we meet our customers' demand,' remarked Scott Higgins Westell Vice President for Materials, Outsourcing and Distribution. ``With this alliance, we can increase our capacity and minimize our costs. Solectron has provided outstanding support, and a high level of expertise and commitment to our requirements.' <b. ``Solectron will be a key partner in helping us meet the significant increase in demand for DSL and our other products,' stated J. Nelson, Westell President and COO. ``We are extremely excited and motivated to aggressively scale our business and take advantage of the many strategic opportunities in front of us.' Founded in 1977, Solectron Corporation ( www.solectron.com ) is the world's largest electronics manufacturing services company offering a full range of integrated supply-chain solutions for the world's leading electronics original equipment manufacturers. Solectron's integrated technology solutions, materials, manufacturing and operations, and global services offer customers competitive outsourcing advantages, such as access to advanced manufacturing technologies, shortened product time-to-market, reduced total cost of ownership and more effective asset utilization. Gary, this just helps verify that WSTL is finding ways to meet demand, and that demand is extraordinary. Indicates a good quarter. Why people would sell at these prices is beyond me. Go Westell, Michael