Westell Strengthens Focus on Telco’s Emerging IP Centric Networks
News > News Releases > Westell Strengthens Focus on Telco’s Emerging IP Centric Networks
Westell Strengthens Focus on Telco’s Emerging IP Centric Networks
Westell Strengthens Focus on Telco’s Emerging IP Centric Networks

Enginuity Communications Acquires Select Product Lines of Westell’s Network Service Access Business Unit

AURORA, IL, OCTOBER 19, 2004 – Westell Technologies, Inc., (NASDAQ: WSTL), a leading provider of broadband/DSL access products, gateways, conferencing services and legacy network technology products, announced today that it has strengthened an existing partnership by selling several product lines to Enginuity Communications Corporation.

Enginuity is a privately owned company founded in 2001, headquartered in St. Charles, Illinois that specializes in telecommunications network demarcation equipment and related hardware solutions. The acquisition includes four product families: D4/D5 Plug Compatibles, Data Channel Termination Equipment (DCTE), Digital Data Systems (DDS) and Service Interface Units (SIU) products.

Westell has worked closely with Enginuity in the past to transition its ISDN product family from Westell’s Network Service Access (NSA) business group to Enginuity, thereby providing its customers with ongoing customer applications and technical support.

With this transaction, Enginuity has agreed to purchase raw materials and finished goods associated with the product lines, and Westell has agreed to provide certain transition services to Enginuity until Enginuity is in full production on its own.

“Westell’s ongoing relationship with Enginuity is an important element of our decision to continue to improve our NSA business while fulfilling a commitment of continuing support to customers. This divestiture of select product lines allows us to focus our efforts on bringing new NSA solutions to the market as customers transition to more IP centric networks,” said Van Cullens, Westell President and CEO.

“We are very pleased with our new relationship with Westell,” said Steve Todd, Enginuity President. “Our strategic goals really complement each other, and the results of our previous collaborations with Westell have been outstanding. The feedback from our mutual customers is truly the best measure of our success, and so far, the feedback has been terrific,” he said.

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, VoIP and legacy network technology products for carriers, service providers and business enterprises around the world.

ConferencePlus, a Westell subsidiary, offers conferencing services including voice, video, and IP data conferencing, to carriers and multi-national corporations throughout the world. For more information visit www.westell.com.

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Certain statements contained herein including, without limitation, statements containing the words "believe," “on track, “ "anticipate," “focus,” “should,” “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 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 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.