Westell Awarded Next-Generation Home Gateway Business at Verizon

Tag : Pillow Boxes

"We are particularly thrilled by this announcement," saidTim Pillow, Westell chief marketing officer. "This businessaward, along with Verizon's selection of our VDSL gateway formulti-dwelling applications, places Westell at the heart of theFiOS-connected home with our flagship product. Verizon is a highlyvalued customer and partner; we look forward to serving themwell."

Volume shipments of Westell's UltraLine Series3 Gateway to Verizonare expected to begin in August of 2008.

Westell Technologies, Inc., (NASDAQ: WSTL) headquartered in Aurora,Illinois, is a holding company for Westell, Inc. andConferencePlus, Inc. Westell, Inc. designs and develops broadbandtelecommunications access products. ConferencePlus, Inc. is acollaborative Application Service Provider that manages and hostsvoice, video, IP applications and back-office services. Additionalinformation can be obtained by visiting Westell's web site atwww.westell.com.

"Safe Harbor" statement under the Private SecuritiesLitigation Reform Act 1995:

Certain statements contained herein that are not historical factsor that contain the words "believe", "expect","intend", "anticipate", "estimate","may", "will", "should", orderivatives thereof and other words of similar meanings areforward-looking statements that involve risks and uncertainties.Actual results may differ materially from those expressed in orimplied by such forward-looking statements. Factors that couldcause actual results to differ materially include, but are notlimited to, product demand and market acceptance risks, need forfinancing, an economic downturn in the U.S. economy and telecommarket, the impact of competitive products or technologies,competitive pricing pressures, new product development, excess andobsolete inventory, commercialization and technological delays ordifficulties (including delays or difficulties in developing,producing, testing and selling new products and technologies), theeffect of Westell's accounting policies, the need for additionalcapital, the effect of economic conditions and trade, legal socialand economic risks (such as import, licensing and traderestrictions) and other risks more fully described in the Company'sForm 10-K for the fiscal year ended March 31, 2008 under thesection Risk Factors. The Company undertakes no obligation topublicly update these forward-looking statements to reflect currentevents or circumstances after the date hereof or to reflect theoccurrence of unanticipated events or otherwise.