| Westell Technologies Announces Workforce Changes |
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AURORA, IL, JANUARY 23, 2008 - -Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of broadband products, gateways and conferencing services, today announced it was eliminating approximately 58 positions across the organization. This reduction is in addition to previously announced reductions related to the outsourcing of manufacturing. “We believe we have made the right decisions necessary to achieve the full benefit of our outsourcing strategy and to help us achieve our corporate goals,” said Thomas Mader, Westell Chief Executive Officer. “All of our staffing decisions are made after a very careful examination of our operations. We value the contributions that were made by individuals leaving the company, and wish them well in their ongoing endeavors." The positions being eliminated cross all disciplines including engineering, marketing, operations and sales. The headcount reductions will result in an annual cost savings of approximately $6 million. The company anticipates these recent actions will result in an estimated charge of $1.4 million for severance and related costs during its fiscal fourth quarter. About Westell Westell Technologies, Inc., headquartered in Aurora, Illinois, is a holding company for Westell, Inc. and ConferencePlus, Inc. Westell, Inc. designs and develops broadband telecommunications access products. ConferencePlus, Inc. is a collaborative Application Service Provider that manages and hosts voice, video, IP applications and back-office services. Additional information can be obtained by visiting Westell's Web site at www.westell.com. "Safe Harbor" statement under the Private Securities Litigation Reform Act 1995: Contact: Senior Vice President & CFO: Amy Forster Westell Technologies Inc. 630.375.4721 aforster@westell.com |






