Westell Technologies Fiscal 2010 Third Quarter Highlights

• Fiscal third quarter consolidated revenue of $42.8 million.
• Fiscal third quarter net income of $2.7 million, or $0.04 per diluted share – Westell’s third consecutive profitable quarter.
• Gross margin improved to 32.2% in the quarter, compared with 25.4% in the prior-year quarter.
• Cash and cash equivalents increased by $4.1 million during the quarter to $58.1 million.
• Acquired 1.3 million shares for $1.4 million under the stock repurchase program.

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