Conference Plus Inc. Names Peter Kosich Senior Manager of Marketing and Product Development.Business Editors/Telecommunications Writers SCHAUMBURG, Ill.--(BUSINESS WIRE)--Dec. 12, 2002 Conference Plus Inc. (CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I ), today announced that Peter Kosich, a 15-year telecommunications veteran, joins the leading global provider of audio, web, video and IP conferencing services as senior manager of marketing and product development. CPI is a subsidiary of 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) 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. . Kosich has held several product-marketing positions with Ameritech/SBC Communications Inc. from 1997 to 2000 and worked for Sprint Communications, Inc. in market planning, analysis and strategy and product development from 1985 to 1997. Most recently he was a principal with LECG LECG Law and Economics Consulting Group LECG Laboratory of Ecological and Conservation Genetics , LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control an Evanston, IL headquartered telecom-consulting firm. "Peter's strategic and product marketing experience brings us a strong combination to create channel specific and product strategies and to expand CPI's brand growth," said Gary V. Ratkiewicz, Senior Vice President, Sales and Marketing, CPI. Kosich holds a Bachelor of Arts, from Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. University and Masters in Business Administration from the Monterey Institute of International Studies The Monterey Institute of International Studies (MIIS) is a graduate school in Monterey, California, United States, that specializes in programs in international relations, international business, and translation and interpretation. . About Conference Plus, Inc. Conference Plus Inc. (CPI), a Westell Technologies, Inc. (NASDAQ:WSTL) subsidiary, is a leading global provider of audio, web, video and IP conferencing services. CPI is dedicated to providing high quality, innovative conferencing solutions to its domestic and international clients and telecommunications resellers. CPI is recognized for outstanding customer service and support to help clients meet their business objectives. The company is headquartered in Schaumburg, Illinois with an international headquarters in Dublin, Ireland. Additional information can be obtained by visiting CPI's web site at www.cpiconf.com. About Westell Westell Technologies, Inc. (NASDAQ:WSTL) headquartered in Aurora, Illinois 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 our customers' needs for fast and seamless broadband connection. Conference Plus, 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, 2002 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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