ConferencePlus Announces New Enhancement for Its Industry Leading Conference Reservation and Billing System.SCHAUMBURG, Ill. -- Conference Plus, Inc. (ConferencePlus(TM)), a leading global provider of audio, web, and videoconferencing services dedicated to the workplace of the future, today announced that it has significantly improved the speed and ease of scheduling operator assisted audio conferences with an innovative new AutoScheduler feature for its proprietary Conference Reservation and Billing System (CRBS CRBS Central Registered Body in Scotland CRBS Center for Research in Biological Systems CRBS Center for Renaissance and Baroque Studies (University of Maryland) CRBS Centrum voor Recht, Bestuur en Samenleving ). 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). AutoScheduler is designed to provide clients with the fastest and most productive operator assisted audio conferencing See audioconferencing. reservation process. ConferencePlus clients can quickly and efficiently obtain their dial-in number while they are making their reservation for an operator assisted conference, simplifying their ability to notify their colleagues of the event. The new AutoScheduler feature is fully integrated into CRBS, which already provides ConferencePlus customers with automated scheduling for unattended conferences. AutoScheduler reflects the fact that ConferencePlus continues to invest in new technology to advance its operator assisted conferencing service. While many conferencing companies either avoid or do not offer operator assisted conferencing, ConferencePlus continues to upgrade features and functionality to provide the highest quality operator assisted conferencing experience possible. "CRBS was developed and brought into service by ConferencePlus in 1994 to meet the specific and unique needs of our global conferencing clients," said Greg Doerr, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , ConferencePlus. "AutoScheduler is just the latest in our continuing development of new features and sophisticated conferencing services. We are excited about the benefits of AutoScheduler because this powerful new feature outperforms our competition and improves our client's reservation experience without any additional cost," Doerr added. About Conference Plus, Inc. Conference Plus, Inc., a leading global provider of audio, web, video and IP conferencing services is dedicated to the workplace of the future - now. 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. Head quartered 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 . 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 "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, 2004 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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