''Westell Partner Connections'' Adds Three New Solution Partners.AURORA, Ill. -- Additional Partners Drive More Consumer-Centric Applications for Westell's MediaStations(TM) Westell Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :WSTL), a leading provider of broadband access See broadband and wireless broadband. products, gateways and conferencing services, today announces that Clarity Communication Systems, ES3(TM) and Xanboo have joined its new development partner program - Westell Partner Connections - to create feature-rich applications and services that can be delivered through Westell's IP-enabled MediaStation broadband devices and help service providers differentiate their offerings in the marketplace. Clarity Communication Systems, as well as five existing solution partners, will be conducting application demonstrations at Westell's Booth #21025 at the Telecommunications Industry Association's (TIA (1) (Telecommunications Industry Association, Arlington, VA, www.tiaonline.org) A membership organization founded in 1988 that sets telecommunications standards worldwide. It was originally an EIA working group that was spun off and merged with the U.S. ) GLOBALCOMM 2006 to be held at Chicago's McCormick Place McCormick Place is an enormous exposition complex located in Chicago, Illinois. , June 5-7. Westell intends to fully capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the anticipated growth of the advanced broadband market in the coming years. The Westell Partner Connections program represents a component of Westell's expansion strategy. The partner program was announced earlier this year and is driven by the emergence of the new MediaStation, Westell's line of always-on broadband gateways and appliances. Westell continues to seek select partners that offer customers of the Westell MediaStation more unique, revenue-generating applications. Westell's partners provide MediaStation customers fast access to solutions and software developers that can rapidly and cost-effectively build new applications and services. Clarity Communication Systems, a leading provider of wireless applications, offers location-based services See mobile positioning. that cover a full range of end user needs. Clarity's applications enable users to locate family members and friends and enjoy better communication. ES3, an innovative software development company, helps Westell's customers develop new applications and services. Xanboo's applications enable users to control, command and monitor devices from anywhere in the world using a standard web interface. "We are absolutely delighted to announce three new additions to our Westell Partner Connections program," said Gordon Reichard Jr., Westell's Vice President of Marketing. "Our development partners further strengthen Westell's MediaStation offering by bringing to our customers more applications and an ability to develop their own unique applications quickly and efficiently," Reichard said. Prospective application and technology developer partners are encouraged to contact Westell to become part of this fast growing segment. "Cooperative development, marketing and selling will lead to broader business opportunities for all of us," Reichard said. About Westell Westell Technologies, Inc., (NASDAQ: WSTL) headquartered in Aurora, Illinois Aurora is the largest city in Kane County, Illinois. The city also lies within DuPage, Will and Kendall counties. As reported in the 2000 U.S. census, the city was home to 142,990 people, while the city's estimated 2006 population is 170,617. , is a Broadband Access Solutions company that provides leading broadband products, service solutions, and conferencing solutions for carriers, service providers and business enterprises around the world. Westell delivers innovative, open broadband solutions that meet the market's needs for fast and seamless broadband connection See broadband and wireless broadband. . ConferencePlus, a Westell subsidiary, offers conferencing services including voice, video, and IP data conferencing, to carriers and multi-national corporations throughout the world. For more information visit www.westell.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 1995: Certain statements contained herein including, without limitation, statements containing the words "believe," "on track," " anticipate," "committed," "expect," "estimate," "await," "continue," "intend," "may," "will," "should," and similar expressions are forward looking statements that involve risks and uncertainties. These risks include, but are not limited to, product demand and market acceptance risks, need for financing, the economic downturn in the U.S. economy and telecom market, the impact of competitive products or technologies, competitive pricing pressures, product development, excess and obsolete inventory Obsolete Inventory Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company. 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), the effect of Westell's accounting policies, the need for additional capital, 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended March 31, 2005 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. |
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