GTE Selects Westell Technologies as a Supplier of Excellence for Transmission Products
PR Newswire - May 23, 2000 10:45
Telco Access Products Leads Way to Receipt of Award for Fifth Consecutive Year
AURORA, Ill., May 23 /PRNewswire/ -- Westell Technologies, Inc. (Nasdaq: WSTL), announced today it has been selected by GTE as a 1999 Supplier of Excellence for Transmission Products at GTE's annual Suppliers of Excellence ceremonies held in Irving, Texas.
As part of GTE's Partners in Quality evaluation process, suppliers are rated on delivery time, competitive pricing, customer service, quality of products and services, and overall value. Using these criteria, 60 "Suppliers of Excellence" are identified from more than a thousand suppliers worldwide who provide products and services to GTE." This is the fifth consecutive year that Westell has received the award.
"Our Suppliers of Excellence have demonstrated a steadfast commitment to quality," said Larry Henry, president of GTE Supply. "Westell was recognized as a supplier who has consistently helped GTE meet its competitive challenges and thrive in today's dynamic telecommunications market."
"GTE is a very important customer for Westell Technologies," remarked J. Nelson, Westell President and COO. "This recognition exemplifies the performance and record of our Telco Access Products team and the entire Westell organization."
With 1999 revenues of more than $25 billion, GTE is a leading telecommunications provider with one of the industry's broadest arrays of products and services. In the United States, GTE provides local service in 28 states and wireless service in 18 states, as well as nationwide long-distance, directory, and internetworking services ranging from dial-up Internet access for residential and small-business consumers to Web-based applications for Fortune 500 companies. Outside the United States, the company serves customers on five continents. Additional information about GTE can be obtained at gte.com .
Westell Technologies, Inc, headquartered in Aurora, Illinois, is a holding company for Westell, Inc. and Conference Plus, Inc. Westell, Inc. manufactures and licenses DSL systems, value added CPE and manufactures telecommunications access products. Conference Plus, Inc. is an Application Service Provider that manages and hosts electronic meeting services including voice, video, IP conferencing and back-office applications. Additional information can be obtained by visiting Westell's Web site at www.westell.com .
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained herein 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 DSL 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 DSL systems), the impact of Westell's merger with Teltrend, 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, 1999 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. |
