Westell Reports Sharp Increase in DSL Related Revenues - Westell Technologies - Company Financial Information

Cambridge Telcom Report, Nov 1, 1999

Westell Technologies, Inc. has announced a sharp increase in revenues associated with DSL as reported in its CPE and Transport Systems business units. Full earnings details are available in the accompanying release or at www.westell.com .

Westell's CPE business unit, provider of WireSpeed modems reported revenues for the second quarter ending September 30, 1999 of $2.0MM, up 71% from the prior quarter. Transport Systems, Westell's unit that supplies DSL equipment as well as TDM multiplexing equipment and protection systems for the wireless market posted sales of $2.5MM, up 15% from the prior quarter. The combined increase of 35% helped fuel Westell Technologies to a record $25.0MM of revenue for the second fiscal quarter of 2000.

"Westell continues to execute on the DSL strategy we articulated earlier this year," remarked Marc Zionts, CEO of Westell, Inc. "These results are reflective of our approach to work in conjunction with our partners in the largest accounts in the world while selling our CPE directly into multiple channels such as carriers, ISP's and directly to end-users. We believe we will see continued progress through our fiscal year and look forward to further growth from our Transport Systems and CPE Business units."

"We have seen substantial growth with our DSL WireSpeed modems," stated J. Nelson, President and COO of Westell, Inc. "Customers recognize the potential to lower total system costs by virtue of plug and play configurations, our software download capability and the fact that there is no need to 'crack a computer case' to get service up and running. Our Transport Systems Group continues to benefit from worldwide momentum in DSL deployments. We value our Partnerships and are excited about the future prospects of our DSL products."

Westell Technologies, Inc, headquartered in Aurora, Illinois, is a holding company for Westell, Inc. and Conference Plus, Inc. Westell, Inc. manufactures and licenses DSL systems and value added CPE, and manufactures telecommunications access products. Conference Plus, Inc. is a multi-point telecommunications service bureau specializing in audio teleconferencing, multi-point video conferencing, broadcast fax, and IP multimedia conferencing services. Additional information can be obtained by visiting Westell's Web site at http://www.westell.com .