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In a letter to shareholders, Westell Technologies touted its vision to target public-safety communications, saying it has introduced new products specifically for public safety and has other new products slated for release later this year.
“Our main area of focus in the immediate future is the emerging market for in-building wireless public-safety equipment,” the letter said. “A growing awareness of the need for fire, police and EMS personnel to have reliable and modern mobile communication capabilities inside buildings has led to greater investment in indoor public-safety communications.”
The letter said Westell is also excited about the future prospects for the First Responder Network Authority (FirstNet).
The letter said the company now benefits from a major reduction in operating expense and a more effective organizational structure.
At the end of May, Westell stockholders voted to approve a proposal authorizing a reverse stock split. Westell’s class A common stock began trading at the post-split level June 8.
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