WESTELL TECHNOLOGIES INC

WESTELL TECHNOLOGIES INC

Previous company name
ELECTRONIC INFORMATION TECHNOLOGIES INC
Name change date
10/12/1995
Company Overview
Westell Technologies, Inc. (Westell), founded in 1980, is a US-based producer and supplier of carrier-class broadband access products. Westell offers high speed broadband/DSL, VoIP and IPTV technology products for carriers, service providers and business enterprises around the world, as well as network service access products and conferencing services. The company has its head office in Aurora, Illinois.
Westell comprises two segments: equipment sales and teleconference services. The equipment segment designs, manufactures, markets and services a range of digital and legacy analog products used by telephone companies and other telecommunications service providers to deliver broadband services over both existing copper telephone wires and fiber that connect end users to a telephone company’s central office. The service segment comprises the operations of the company’s majority-owned subsidiary, Conference Plus, Inc, which offers audio, video, and Web conferencing services. Businesses and individuals use these services to hold voice, video or Web conferences with multiple participants. In January 2007, Westell acquired Noran Tel, Inc., a manufacturer of network service access products.
Westell holds membership in many leading industry organizations. These include the following: Alliance for Telecommunications Industry Solutions (ATIS), DSL FORUM, Electronic Industries Alliance, International Engineering Consortium, Multimedia over Coax Alliance, National Telecommunications Cooperative Association (NTCA), and United States Telecom Association (USTELECOM).
The Westell shares are traded on the NASDAQ stock market under the ticker symbol “WSTL”.
Business Summary
Westell Technologies, Inc. is a holding company. The Company consists of three operating segments: Customer Networking Solutions (CNS) equipment, Outside Plant Systems (OSPlant Systems or OSP) equipment, both segments, collectively, referred to as combined equipment segments or equipment segments and ConferencePlus services segment. Its wholly owned subsidiary, Westell, Inc., designs and distributes telecommunications products, which are sold primarily to telephone companies. Conference Plus, Inc. (ConferencePlus or CP) provides audio, Web and video conferencing services to various customers. Conference Plus Global Services, Ltd. is a wholly owned subsidiary of ConferencePlus that provides services similar to ConferencePlus. Noran Tel, Inc., a manufacturer of transmission, power distribution and remote monitoring products, is a wholly owned subsidiary of Westell, Inc.
Description and history
Westell Technologies, Inc., incorporated in 1980, is a holding company. The Company consists of three operating segments: Customer Networking Solutions (CNS) equipment, Outside Plant Systems (OSPlant Systems or OSP) equipment, both segments, collectively, referred to as combined equipment segments or equipment segments and ConferencePlus services segment. Its wholly owned subsidiary, Westell, Inc., designs and distributes telecommunications products, which are sold primarily to telephone companies. Conference Plus, Inc. (ConferencePlus or CP) provides audio, Web and video conferencing services to various customers. Conference Plus Global Services, Ltd. is a wholly owned subsidiary of ConferencePlus that provides services similar to ConferencePlus. Noran Tel, Inc., a manufacturer of transmission, power distribution and remote monitoring products, is a wholly owned subsidiary of Westell, Inc.

CNS Segment

In the CNS segment, the Company designs, distributes, markets and services a range of carrier-class broadband products. The CNS family of broadband products enables high-speed transport and networking of voice, data, video and other advanced services. The products allow service providers to deliver services, content and applications over existing copper, fiber, coax, and wireless infrastructures. Westell CNS products are installed in consumer residences or small businesses as a component of a broadband service package.

The Company’s CNS products enable residential customers, small businesses and small office/home office (SOHO) users to access and share broadband services on networked computers, telephones, cell phones, televisions, media players and other networked devices. An offering of networking products and technologies allows the Company to address several segments of the service provider market, distinguished by the methods used to deliver their services: wireline operators (copper and fiber), mobile network operators (wireless), cable multi-service operators (hybrid fiber-coax) and integrated carriers that operate as combinations of the other three operators.

The Company competes with Sagem, Motorola, 2Wire Inc., Cisco Systems Inc. (Linksys), D-Link Systems Inc., Actiontec Electronics Inc., Technicolor and ZyXEL Communications Co.

OSP Segment

In the OSP segment, the Company designs, distributes, markets and services a range of carrier-class digital transmission, remote monitoring, power distribution and demarcation products. The Company’s OSP products offers outdoor cabinets, enclosures, power distribution panels, flexible edge connectors (fiber, Ethernet and coax), remote monitoring solutions, DS1 and DS3 transmission plugs. These solutions are optimized for wireless backhaul, service delivery to business enterprise and smart grid applications. The OSP team also provides a customized systems integration (CSI) service, offering its customers a single source for solutions, reducing the time-to-market and expenses incurred through third-party contractors and eliminating the need to design, assemble and test on the job site.

Its target customers include wireline service providers, wireless service providers, multiple systems operators (MSOs), integrated carrier, utility providers and original equipment manufacturers (OEMs) worldwide (all known as service providers). The power distribution and remote monitoring products are designed and provided through the Company’s Noran Tel subsidiary located in Regina, Saskatchewan, Canada. The Company’s OSP products provide service providers with products to transport, maintain and improve the reliability of services delivered over copper and fiber lines in the local access network.

The Company competes with ADC Telecommunications, Emerson, Purcell and Telect.

ConferencePlus Segment

ConferencePlus is a full-service audio, Web and video conferencing company that manages and hosts specific software and applications supporting its conferencing and meeting services. ConferencePlus is a 100% owned subsidiary of the Company and manages its conferencing and meeting services through its main operations center in Schaumburg, Illinois, and a facility in Dublin, Ireland.

ConferencePlus allows multiple individuals, organizations and/or businesses to conduct conference calls using a combination of audio, Web and video collaboration and presentations. ConferencePlus offers conference call services that can include a blend of audio, graphics, spreadsheets and other documents that can be carried over and archived on the Internet to improve the traditional audio conference call.

The Company competes with InterCall, AT&T, Verizon, Premiere and British Telecom.

Business Line
Producer and supplier of carrier-class broadband access products
Subsidiary
CONFERENCE PLUS GLOBAL SERVICES, LIMITED
Advisor
ERNST & YOUNG LLP
IPO date
11/1995
US SIC Code
3661
Company Address
750, N. Commons Drive

City province or state postal code
60504, AURORA, IL
Phone: +1 630 898 2500
Fax: +1 630 375 4940
Country address: UNITED STATES OF AMERICA
Website url: www.westell.com