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UTStarcom Announces Contracts With China Telecom to Deploy RollingStream End-to-End IPTV Solution in Two Cities in the Fujian ProvinceALAMEDA, Calif., Feb. 13 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced contracts with China Telecom to deploy its RollingStream(TM) end-to-end IPTV solution in two cities in the Fujian Province in southern China. "We believe that IPTV will be a driving force in the development of broadband services throughout China as consumers discover the freedom of timeless television and the variety of choices and value-added services that our RollingStream system can offer," said Bill Huang, chief technology officer and senior vice president of engineering for UTStarcom. "Both Fuzhou and Quanzhou represent exciting and fertile opportunities for the growth of IPTV as less than 5 percent of the population in each city currently has access to broadband services." In Fuzhou, the capital city of Fujian Province with nearly six million residents, the initial deployment has a capacity of 12,000 concurrent media streams, covering the major metropolitan areas of the city. Initially it plans to offer users 70 channels of live broadcast television with "time-shifting" capabilities and approximately 3,000 hours of video-on-demand. The operator is targeting 50,000 users by the end of 2006. In Quanzhou, a coastal city with approximately 6.5 million residents, the initial deployment is planned to support 37,000 concurrent media streams and covers the city's main districts and initially offers users 70 channels of live broadcast television with "time-shifting" capabilities and approximately 5,000 hours of video-on-demand. The operator is targeting 80,000 users by the end of 2006. About UTStarcom's RollingStream UTStarcom's RollingStream is an end-to-end solution designed for telecommunications operators and broadband service providers to deliver broadcast quality TV and on-demand entertainment programming over IP networks. RollingStream offers service providers the scalability, reliability, and bandwidth efficiency to support new services including broadcast TV, Network PVR (n-PVR), Video on Demand (VoD), and Near Video on Demand (NVoD) over existing network infrastructures. This results in opportunities for increased revenues, new services, and improved customer satisfaction and retention. For more information about UTStarcom's RollingStream solution, please visit: http://www.utstar.com/Solutions/Broadband/IPTV. UTStarcom will conduct live demonstrations of its RollingStream end-to-end IPTV solution over its Gigabit Ethernet Passive Optical Network (GEPON) solution at 3GSM World Congress 2006 in Barcelona, Spain at Booth G62, Hall 2 Level 0. 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 http://www.utstar.com/. Forward-Looking Statements This release includes forward-looking statements, including the foregoing statements regarding the anticipated impact of IPTV on the development of broadband services in China, the expectation that the RollingStream system can offer a variety of choices and value-added services to consumers, the anticipated opportunities for the growth of IPTV in Fuzhou and Quanzhou, the anticipated number of users to be supported and the level of services to be provided by the initial deployment of IPTV in Fuzhou and Quanzhou, the anticipated increase in the number of IPTV users in Fuzhou and Quanzhou by the end of 2006, the expectation that IPTV will offer service providers scalability, reliability, and bandwidth efficiency to support various new services over existing network infrastructures, and the anticipated opportunities for increased revenues, new services and improved customer satisfaction and retention for service providers. 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 rapidly changing technology, the changing nature of global telecommunications markets, both in China and globally, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, changes in demand for and acceptance of the Company's products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements, both in China and globally. 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. FCMN Contact: [email protected] Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, [email protected] UTStarcom, Inc. CONTACT: Chesha Kamieniecki, Director of Investor Relations ofUTStarcom, Inc., +1-510-749-1560; or press, Stephanie Gallagher of Engage PR,+1-510-748-8200, ext. 213, or [email protected], for UTStarcom Inc. Web site: http://www.utstar.com/ |