UTStarcom Targets EMEA Market With Debut at 3GSM World Congress
Company Appoints New Vice President of EMEA Region
Jan 26, 2006 via COMTEX News Network/ -- UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, is launching a major initiative to become a leading player in Europe, the Middle East and Africa (EMEA), starting with a debut and significant presence at next month's 3GSM World Congress and Exhibition 2006 in Barcelona, Spain. The event runs from February 13-16, 2006, at the Fira de Barcelona.
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After opening its EMEA headquarters in Paris earlier this year, UTStarcom has strengthened its regional network with offices in nine countries, including Spain, Italy, Germany, the United Kingdom, Jordan, Israel and South Africa. UTStarcom has also appointed Youssef Kassissia -- previously of Nortel Networks, Ericsson, Marconi and Bell Canada -- as the company's vice president of EMEA sales.
"UTStarcom is a truly global telecommunications player: a Nasdaq-listed North American company with proven success in established telecoms markets worldwide, and one that also benefits from innovative R&D engineering and low- cost manufacturing in Asia," Kassissia said. "We believe that to be successful in EMEA we need to understand our customers' needs, know their specific market challenges and speak their native languages. With this in mind, we have employed local people across the region in sales, engineering and customer support roles to help provide the best possible service to our growing customer base."
At its 3GSM World Congress debut, UTStarcom will display a comprehensive line of end-to-end wireless solutions -- from infrastructure equipment at a service provider's central office to end-user devices -- at its stand (Booth #G62 in Hall 2) on the show floor. The company will also have live demonstrations of its MovingMedia 2000 all-IP CDMA2000 wireless infrastructure solution; its IP-based Personal Access System (iPAS(TM)) solution; its F1000 portable WiFi handset running over its IP-based mSwitch(R) softswitch platform; and its RollingStream end-to-end Television over IP (TVoIP) solution over its Gigabit Ethernet Passive Optical Network (GEPON) solution.
UTStarcom's senior executives will be visiting the 3GSM World Congress and Exhibition 2006 in Barcelona and will be available for limited press interviews to discuss the company's EMEA strategy. To book an appointment, please contact Howard Jones or Helen Lyman Smith in the U.K. at +44 (0)115 948 6901 (howard@gbcspr.com or helen@gbcspr.com) or Stephanie Gallagher in the United States at +1 (510) 388-3287 (stephanie@engagepr.com).
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its broadband, wireless, and handset solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in the United States, China, Korea and India. UTStarcom is a FORTUNE 1000 company.
For more information about UTStarcom, visit the company's Web site at www.utstar.com.
Forward-Looking Statements
The foregoing statements regarding, without limitation, the anticipated initiative to become a leading player in EMEA and the anticipated 3GSM World Congress debut, the anticipated success in EMEA, the anticipated display and demonstrations at the 3GSM World Congress, and the anticipated availability of UTStarcom's senior executives at the 3GSM World Congress are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of the telecommunications market in general and the US market in particular, evolving product and application standards, changes or delays in product introductions and deployments, possible downturns in the US market, the termination of significant contracts, partnerships or alliances, and other uncertainties, such as changes in government regulation and licensing requirements in the United States and worldwide. UTStarcom also refers readers to the risk factors identified in its Annual Report on Form 10- K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission.
SOURCE UTStarcom, Inc.
U.K.: Howard Jones, howard@gbcspr.com, or Helen Lyman Smith, helen@gbcspr.com, both
+44 (0)115 948 6901, or United States: Stephanie Gallagher,
++1-510-388-3287 or
stephanie@engagepr.com, all for UTStarcom, Inc.
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