UTStarcom Executive Vice President and Chief Technology Officer Bill Huang Resigns to Take Post at China Mobile
ALAMEDA, Calif., Dec. 21 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced the resignation of Executive Vice President and
Chief Technology Officer
Bill Huang, effective December 31, 2006. Huang is
leaving UTStarcom to take a senior executive position at China Mobile Ltd.,
the largest mobile operator in the world.
'As chief technology officer, Bill played an integral role in the
development of UTStarcom's products and the success of the company from the
time he joined in 1994,' said
at UTStarcom, Inc. 'We thank him for his tremendous dedication to the company
and wish the best for Bill as he assumes a new and exciting role at one of the
world's leading service providers. We value our relationship with
and look forward to possible collaborations with Bill in the future.'
On an interim basis,
Network Solutions business unit, will assume Huang's responsibilities as
acting chief technology officer.
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
This release includes forward-looking statements, including the foregoing
statements regarding the anticipated timing of
expectations regarding the likelihood of future collaborations with
and the anticipated transition of responsibilities following
resignation. These statements are forward-looking in nature and subject to
risks and uncertainties that may cause actual results to differ materially.
These risk factors include potential changes in the Company's management and
employment decisions and future directions of strategic partnerships. The
Company also refers readers to the risk factors identified in its latest
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.