SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) JUNE 30, 2003
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WESTELL TECHNOLOGIES, INC.
(Exact name of registrant as specified in charter)
DELAWARE 0-27266 36-3154957
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(State of other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
750 NORTH COMMONS DRIVE, AURORA, ILLINOIS 60504
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (630) 898-2500
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N/A
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(Former name or former address, if changed since last report)
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit No.
99.1 Transcript of interview of the Chief
Financial Officer of Westell Technologies,
Inc. with CNBC on June 30, 2003.
ITEM 9. REGULATION FD DISCLOSURE
On June 30, 2003, Nicholas Hindman, the Chief Financial Officer of
Westell Technologies, Inc., was interviewed by CNBC, a copy of the transcript is
attached herewith as Exhibit 99.1.
The information in this Form 8-K is being furnished and shall not be
deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that Section. The information in
this Form 8-K shall not be incorporated by reference in any other filing under
the Securities Exchange Act of 1934 or the Securities Act of 1933.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM
ACT 1995: Certain statements contained herein and in the exhibit attached
hereto, including, without limitation, statements containing the words
"believe," "goal," " on track, " "anticipate," "committed" "expectation,"
"expect," "estimate", "await," "continue," "intend," "may," "will," "should,"
and similar expressions are forward looking statements that involve risks and
uncertainties. These risks include, but are not limited to, product demand and
market acceptance risks, need for financing, the economic downturn in the U.S.
economy and telecom market, the impact of competitive products or technologies,
competitive pricing pressures, product development, excess and obsolete
inventory due to new product development, 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
Westell's Annual Report on Form 10-K for the fiscal year ended March 31, 2003
under the section "Risk Factors". Westell undertakes no obligation to release
publicly the result of any revisions to these forward looking statements that
may be made to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.
WESTELL TECHNOLOGIES, INC.
Date: July 3, 2003 By: /s/ E. Van Cullens
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E. Van Cullens
President and Chief Executive
Officer