ConferencePlus Receives WorkforceChicago2.0 Award for Employee Education and Development.SCHAUMBURG, Ill. -- Conference Plus, Inc. (ConferencePlus(TM)), a leading global provider of audio, web, and videoconferencing services dedicated to the workplace of the future, announces today that it has been awarded the distinctive WorkforceChicago2.0 Award for Employee Education and Development. The award was received this morning at a ceremony with Chicago Mayor, Richard M. Daley Richard Michael Daley (born April 24, 1942) is a United States politician, member of the national and local Democratic Party and current mayor of Chicago, Illinois. He was elected mayor in 1989 and reelected in 1991, 1995, 1999, 2003, and 2007. , and top corporate leaders from the region. 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. WorkforceChicago2.0 annually recognizes leading companies in the Chicago area that demonstrate exemplary education and development practices in an effort to share winning employee learning strategies and build a culture of performance, productivity and pride. "We are extremely proud to have our Company and our commitment to employees and training recognized by this award," Timothy 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 Chief Executive Officer, ConferencePlus said. "Educating the workforce has benefits for everyone. At ConferencePlus, it helps us retain good employees by teaching people how to do their jobs better and by creating the loyalty that comes from the investment," he added. WorkforceChicago2.0 is administered by the Council for Adult and Experiential Learning (CAEL CAEL Council for Adult and Experiential Learning CAEL Canadian Academic English Language (Assessment) CAEL Council for the Advancement of Experiential Learning CAEL Computer-Aided Engineering Lab ) in collaboration with the Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. Management Association of Chicago (HRMAC HRMAC Human Resources Management Association of Chicago (Chicago, IL) ), and World Business Chicago (WBC WBC white blood cell; see leukocyte. WBC abbr. white blood cell WBC, n stands for white blood cell. ) to help the Chicago region become a prime talent pool for the 21st Century economy. WorkforceChicago2.0 is directed by the Business Leadership Group, which is comprised of Chicagoland CEOs committed to learning and development in their workplaces and investing in their people. "We strive to be an 'Employer of Choice'," Reedy said. "The value of ConferencePlus is based on people, technology and processes. A customer can buy the technology elsewhere, but it's our people and processes that make the difference in our success. All of our employees are experts in their respective areas of work, not only from a technological standpoint but also in problem solving problem solving Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error. and critical thinking on behalf of our clients. As a customer focused organization, ConferencePlus employees have a significant impact on our bottom line and are key to the growth of our business." Reedy added. About Conference Plus, Inc. Conference Plus, Inc., a leading global provider of audio, web and videoconferencing 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. Headquartered in Schaumburg, Illinois 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, is a Tier-1 provider of intelligent, carrier-class broadband access 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, 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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