UTStarcom Announces Date of 2008 Annual Meeting
ALAMEDA, Calif., April 10 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI) today announced that its 2008 Annual Meeting of Stockholders
will be held on Friday, June 27, 2008 at 1:00 p.m., local time. The meeting
will be held at the Company's offices located at 1275 Harbor Bay Parkway,
Alameda, California 94502. Stockholders of record as of the close of business
on April 29, 2008 are entitled to notice of and vote at the 2008 Annual
Rule 14a-8 Stockholder Proposal Deadline
Pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as
amended, UTStarcom previously set a deadline of
of any stockholder proposals submitted pursuant to Rule 14a-8 for inclusion in
UTStarcom's proxy materials for the 2008 Annual Meeting. As a result, the
deadline for the receipt of stockholder proposals under Rule 14a-8 has passed.
Bylaws Advance Notice Deadline
In accordance with the requirements for advance notice set forth in
UTStarcom's Bylaws, in order for (i) a stockholder proposal submitted outside
of Rule 14a-8 for consideration at the 2008 Annual Meeting or (ii) a director
nomination submitted by a stockholder for election at the 2008 Annual Meeting
to be considered timely, such proposal or nomination must be received at the
principal executive offices of the Company by close of business on
April 21, 2008
comply with Article II, Section 2.5 of UTStarcom's Bylaws. UTStarcom
recommends that such proposals be sent by certified mail, return receipt
This press release constitutes a public announcement of the date of the
2008 Annual Meeting for purposes of Article II, Section 2.5 of UTStarcom's
Bylaws. A copy of UTStarcom's Bylaws is available by submitting a written
request to the address noted above, Attention: Investor Relations, or by
accessing the corporate governance section of UTStarcom's website at
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions
and international service and support. The company develops, manufactures and
markets its broadband, wireless, and terminal solutions to network operators
in both emerging and established telecommunications markets worldwide.
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. UTStarcom was founded in 1991 and
is headquartered in
development centers in the
For more information about UTStarcom, please visit the UTStarcom Web site
SOURCE UTStarcom, Inc.