UTStarcom CFO Fran Barton Joins Board of Directors
ALAMEDA, Calif., Oct. 31 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced that its chief financial officer,
has been elected to the company's board of directors effective October 26,
technology companies including Atmel Corporation, Advanced Micro Devices and
Amdahl Corporation. He also held various financial positions with Digital
Equipment Corporation, including serving as the CFO of the company's personal
'Fran is an accomplished financial executive,' said Chairman and Chief
Executive Officer of UTStarcom,
overseeing our improvements to cost structure, balance sheet and cash-flow. I
believe that the board can truly leverage Fran's experience as it guides
UTStarcom through the diversification process and evaluates strategic
alternatives to enhance our shareholder value.'
Following the change announced today, UTStarcom's Board of Directors
comprises seven members with four independent directors.
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
For more information about UTStarcom, visit the company's Web site at
SOURCE UTStarcom, Inc.