ConferencePlus(TM) Announces New Affinity Program.SCHAUMBURG, Ill. -- Conference Plus, Inc. (ConferencePlus(TM)), a leading global provider of audio, web, and videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems services dedicated to the workplace of the future, announces today that it has enhanced its "Affinity Program" designed to permit nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. of all types and sizes to offer their members a high quality conferencing service at competitive prices while providing the organization with a new and continuing revenue source. ConferencePlus 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) and has been a leading wholesale and retail provider of audio, web and videoconferencing services since 1988. The ConferencePlus Affinity Program is ideally suited to address the needs of associations, chambers of commerce and other non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. . ConferencePlus will provide an organization's members with a complete portfolio of high quality audio, web and videoconferencing services at savings only available to larger, high volume users. The nonprofit organizations will then benefit through a monthly royalty based on the aggregate participation of its members. "We are confident that our Affinity Program members will find ConferencePlus services to be easy-to-use and reliable and the program savings to be substantial," Reed Ellis, Director of Sales - Alternate Channels at ConferencePlus said. "And the nonprofit organizations benefit from tangible royalty payments that make their participation extremely worth while," he added. Affinity Program members can choose from a variety of audio conferencing See audioconferencing. services and options designed to help maximize every meeting opportunity - anywhere, at anytime. Because a single audio service is not right for every organization or every meeting, ConferencePlus provides four different audio conferencing services that may all be combined with web conferencing A videoconferencing session via the Internet. In order to interact with other participants, attendees use either a Web application or an application downloaded into their client machines. to add the power of visual elements to their meetings. Affinity Program members will also have access to a suite of on-line tools that allow for easy account and conference management. To support Affinity Program member organizations, ConferencePlus offers significant sales and marketing support and industry leading reporting and billing capabilities. "We are pleased to be a partner in the ConferencePlus Affinity Program. Without their sales and marketing support, we couldn't drive adoption within our member base," Rick Kean, Executive Director, Business Marketing Association, said. "We are also impressed with ConferencePlus' timely and accurate reporting and billing, which allows us to easily track usage and revenue at multiple levels to ensure our members and the Association receive the full benefits of the Program," he added. "The ConferencePlus Affinity Program is focused on providing members with the ultimate combination of industry-leading technology coupled with operational excellence and a financial benefit that reflects the magnitude of their organization," Ellis said. "It's a real win-win situation," he added. About Conference Plus, Inc. Conference Plus, Inc., a leading global provider of audio, web and videoconferencing services is dedicated to providing high quality, reliable conferencing services that customer's trust with their important events. ConferencePlus is transforming the way work is done through its market-leading multimedia conferencing See videoconferencing and data conferencing. solutions that combine innovation, proven technology and exceptional customer service. Headquartered in Schaumburg, Illinois Schaumburg is a village in Cook County and DuPage County, Illinois. As of the 2000 census, the village had a total population of 75,386. As of 2005, the population slightly dropped to 72,690 according to the Census Bureau. with an international headquarters in Dublin, Ireland, ConferencePlus is a subsidiary of Westell Technologies, Inc. (NASDAQ:WSTL). Additional information about ConferencePlus can be obtained by visiting http://www.conferenceplus.com. 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 Tier-1 provider of intelligent, carrier-class broadband access See broadband and wireless broadband. products manufactured using a TL9000 registered quality management system. Westell offers high-speed broadband/DSL technology products for carriers, service providers and business enterprises around the world. For more information visit http://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 "plans," "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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