ConferencePlus(TM) Develops New Share Portal(TM) Conferencing Content Management Tool.SCHAUMBURG, Ill. -- Conference Plus, Inc. (ConferencePlus[TM]) a leading global provider of audio, web, and video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. services, today announced the launch of Share Portal[TM], an innovative content management tool for conferencing. Share Portal is the backbone of a suite of services that will allow ConferencePlus customers to store, publish, and share all their conferencing content, including recordings, media files, and any related files. With the initial release of Share Portal, ConferencePlus customers are able to store their audio conference recordings in a single location. They can then place those recordings on secure web pages to be shared with others. The creation of Share Portal is an outgrowth of ConferencePlus' high-end event management business, which began as developing custom Portals See personal portal. for larger customers. "We've had a long track record of managing the highly customized and complex events of major companies," commented Tim Reedy reed·y adj. reed·i·er, reed·i·est 1. Full of reeds. 2. Made of reeds. 3. Resembling a reed, especially in being thin or fragile: , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ConferencePlus. "We realized there was an unmet need for an easy way to distribute their highly valuable content." "Two years ago, we began proactively addressing this need," Reedy added. "For these customers, we developed custom portals that contain not only content that has been generated from our services, but we're taking their archived content and other files and adding that to their portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. as well." With more customers in search of this service, ConferencePlus began a program of extensive customer research, including customer surveys and focus groups to determine their needs for a content management service. With the knowledge gained, ConferencePlus developed and productized Share Portal for all of their customers to manage their conferencing content. "Customer-oriented product development has always been one the keystones of our success. No other conferencing provider has taken this kind of approach - our engineers are continually developing intuitive and easy to use tools that simplify the customer's experience," Tim Reedy said. "We see a lot of "me too" in this industry, so developing new online tools and services to meet customer needs is a strategic imperative to stay ahead of other Conferencing Service Providers. Take our My Account Dashboard for example, it is not only the most robust online account management tool in the industry, but we have provided custom branding of the Dashboard for over 100 customers because it's important to them to have their own look and feel." Reedy added. Share Portal will be embedded Inserted into. See embedded system. into the Account Dashboard giving customers an easy way to store, publish, and share the captured content from their conferences. This enhancement to Dashboard adds to a feature set that already includes the ability to schedule and edit automated conference calls, launch web conferences, and view service history and charges from previous meetings. This launch of Share Portal is the first phase of a comprehensive suite of offerings that will include the ability to store and publish presentation files, web presentations, webcasts, videos, podcasts, and any other relevant content. Subsequent releases planned over the next year will give conferencing users more content types to work with, more security options, enhanced branding capabilities, and other functionality to enhance ease of use. "The initial launch of Share Portal is just the beginning of the new services that ConferencePlus will bring to market and demonstrates ConferencePlus' dedication to first-in-market, best-in-industry conferencing tools," said Tim Reedy. "In this and other offerings to come, we'll continue empowering our customers with products and services that go beyond the simple conference call." About Conference Plus, Inc. Conference Plus, Inc., 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 is dedicated to providing high quality, reliable conferencing services that customer's trust with their most important events. ConferencePlus is leading the way in providing innovative IP-based collaboration solutions backed by 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 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). Additional information about ConferencePlus can be obtained by visiting http://www.conferenceplus.com. About Westell Technologies, Inc. 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 A trade restriction is an artificial restriction on the trade of goods between two countries. It is the result of protectionism. However, the term is not uncontroversial since what one part may see as a trade restriction another may see as a way to protect consumers from inferior, ) 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, 2007 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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