Westell Technologies Announces Resignation of Bruce Swail from Board of Directors
News > Westell Technologies Announces Resignation of Bruce Swail from Board of Directors
Westell Technologies Announces Resignation of Bruce Swail from Board of Directors

AURORA, IL, March 23, 2009 - Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of broadband products, gateways and conferencing services, today announced that Mr. Bruce D. Swail has informed the Company that he is regretfully unable to serve on its Board of Directors as originally planned. Following his recent appointment to the Board, concerns were raised by Mr. Swail’s existing business partners regarding his ability to take on additional responsibilities as a Director of a public company. Mr. Swail did not participate in any Board activities or meetings during his short tenure. The Board has accepted his resignation and has immediately reactivated its search for an additional independent director.

Rick Gilbert, Westell’s President and CEO explained, “While it is unfortunate that Bruce is unable to serve on our Board of Directors, I feel confident that we can fill his position in a timely manner.”

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:
Certain statements contained herein that are not historical facts or that contain the words “believe”, “expect”, “intend”, “anticipate”, “estimate”, “may”, “will”, “should”, or derivatives thereof and other words of similar meanings are forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, product demand and market acceptance risks, need for financing, an economic downturn in the U.S. economy and telecom market, the impact of competitive products or technologies, competitive pricing pressures, new product development, excess and obsolete inventory, 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 the Company’s Form 10-K for the fiscal year ended March 31, 2008 under the section Risk Factors. The Company undertakes no obligation to publicly update these forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events or otherwise.