Westell sells several product lines from its network service access business unit to Enginuity Communications

October 19, 2004

2 Min Read

AURORA, Ill. -- 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.

Westell Technologies Inc.

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