(Reporting by Lewis Krauskopf, editing by Maureen Bavdek) Stocks Mergers & Acquisitions Global Markets. Signs Letter of Intent for Acquisition of the Only FAA-Certified Single-EngineAmphibious Airplane Produced in the WorldATLANTA--(Business Wire)--Air Transport Group Holdings, Inc. (OTCBB: AITG), a holding company structuredto acquire majority-equity interests of businesses in the aviation, travel andleisure-time industries, has signed a letter of intent for acquisition of theassets of Revo Inc., dba Lake Aircraft, the only FAA-certified single-engineamphibious airplane produced in the world. Transport Group Holdings, Inc. purchase will include those assets requiredto manufacture the Lake Amphibian series. These items include FAA TypeCertificate #1A13 (TC) and all Supplemental Type Certificates (STC`s) along withmarketing rights, trademark, assembly tooling, fabrication patterns, airplaneparts and complete engineering drawings. Furthermore, the acquisition entails anexperienced team of Lake Aircraft experts to assist in the transition, continuedmarketing and production.

Jamail Larkins, Vice President of Operations for ATG, stated, "Being in businessfor over 40 years and based in Orlando, Florida, makes Lake Aircraft a flagshipacquisition for our firm." After the acquisition, Air Transport Group Holdings, Inc. plans to startproduction of the SeaWolf airplane; a multi functional aircraft favored bygovernmental clients world wide for the enhanced multipurpose capabilities RevoInc. President Armand Rivard said he has chosen Air Transport Group Holdings,Inc. "In light of WellPoint's recent announcement with ExpressScripts, we are open to looking at strategic alternatives,"Cigna CFO Mike Bell said in response to a question at a Bank ofAmerica conference, which was broadcast over the Internet. Investors are eager to see if other health insurers willfollow in the footsteps of WellPoint Inc (WLP.N), which lastmonth agreed to sell its prescription benefits unit to ExpressScripts Inc (ESRX.O) for $4.68 billion. The main benefit of owning the pharmacy benefit business,Bell said, relates to Cigna's ability to offer customersintegrated clinical information that can improve health oftheir members, such as data about whether they are staying ontheir medications. "If we were going to go down that path, it would beimportant that we not dilute our ability to offer integratedclinical programs in the marketplace, because that is part ofour competitive advantage," Bell said.

However, he noted, "The price tag of the WellPointacquisition certainly got a lot of people's attention,certainly ourselves included." Cigna shares were up 17 cents, or 0.8 percent, at $21.67 inmorning trading on the New York Stock Exchange, outperformingshares of other health insurers. Westell will release its March 31, 2009 fourth quarter and annual results onWednesday, May 20, following the market close and host its earnings call onThursday, May 21, at 9:30 AM Eastern Time for analysts, shareholders, investorsand the public. Participants can register for the Westell conference by going tothe URL: http:// EventManager, participants can quickly register online in advance of theconference through a customizable web page that can be used to gather multiplepieces of information from each participant, as specified by the event arranger.After registering, participants receive dial-in numbers, a passcode, and apersonal identification number (PIN) that is used to uniquely identify theirpresence and automatically join them into the audio conference. Cigna, along with Aetna Inc (AET.N) and UnitedHealth GroupInc (UNH.N), also has a significant pharmacy benefit unit. * Says price of WellPoint's PBM sale drew attention Stocks  |  Mergers & Acquisitions  |  Global Markets * Cigna shares rise 0.8 percent NEW YORK, May 13 (Reuters) - Health insurer Cigna Corp(CI.N) is open to exploring strategic options for its drugbenefits business, its chief financial officer said onWednesday, in the wake of a rival insurer selling its own suchunit. Brian CooperChief Financial OfficerWestell Technologies, Copyright Business Wire 2009. The Company undertakes noobligation to publicly update these forward-looking statements to reflectcurrent events or circumstances after the date hereof or to reflect theoccurrence of unanticipated events or otherwise.

Headquartered in Schaumburg, Illinois withinternational headquarters in Dublin, Ireland, ConferencePlus is a subsidiary ofWestell Technologies, Inc (NASDAQ: WSTL). Additional information aboutConferencePlus can be obtained by visiting http:// Cautionary Statement Regarding Forward-Looking InformationCertain statements contained herein that are not historical facts or thatcontain the words "believe", "expect", "intend", "anticipate", "estimate","may", "will", "should", or derivatives thereof and other words of similarmeanings are forward-looking statements that involve risks and uncertainties.Actual results may differ materially from those expressed in or implied by suchforward-looking statements. economy or telecommarket, the impact of competitive products or technologies, competitive pricingpressures, new product development, excess and obsolete inventory,commercialization and technological delays or difficulties (including delays ordifficulties in developing, producing, testing and selling new products andtechnologies), the effect of Westell`s accounting policies, the need foradditional capital, the effect of economic conditions and trade, legal socialand economic risks (such as import, licensing and trade restrictions) and otherrisks more fully described in the Company`s Form 10-K for the fiscal year endedMarch 31, 2008 under the section Risk Factors. Factors that could cause actual results to differmaterially include, but are not limited to, product demand and market acceptancerisks, need for financing, an economic downturn in the U.S. (NASDAQ: WSTL) headquartered in Aurora, Illinois is aBroadband Access Solutions company that provides leading broadband products,service solutions, and conferencing solutions for carriers, service providersand business enterprises around the world. Westell delivers innovative, openbroadband solutions that meet the market`s needs for fast and seamless broadbandconnections.

Additional information can be obtained by visiting Westell`swebsite at ConferencePlusConference Plus, Inc., a leading global provider of audio, web andvideoconferencing services, is dedicated to the workplace of the future - now.ConferencePlus is transforming the way work is done through its market-leadingmultimedia conferencing solutions that combine innovation, proven technology andexceptional customer service. If a participantexperiences any technical difficulties after joining the conference call on May21, he can press *0 for support. If a participant does not wish to register, he can participatein the call on May21, by dialing ConferencePlus at 1-877-875-0056 no later than 9:15 AM, EasternTime and using confirmation number 24461152 International participants may dial1-847-585-4340. Westell`s press release on earnings and any related information that may bediscussed on the earnings conference will be posted on the Investor Relations`section of Westell`s http:// An archive of the entire conferencewill be available on Westell`s website or via Digital Audio Replay approximatelyone hour following the conclusion of the conference. The replay of theconference also can be accessed by dialing 1-888-843-8996 or 1-630-652-3044 andentering 9783733#.About WestellWestell Technologies, Inc.