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UTStarcom Holdings Corp. (UTSI) Announces Release Of NetRing™ TN701

|Includes: UTStarcom, Inc. (UTSI)

UTStarcom Holdings, a prominent supplier of media operational support services and broadband equipment products and services, announced that it has released a new addition to the company's NetRing™ Packet Transport Network (NetRing™ PTN) product suite, the NetRing™ TN701.

The product launch is another example of UTStarcom's dedication to its broadband business. The release also intensifies the company's focus on delivering a "simple network, simple operation" in order to meet customers' sophisticated needs. Concurrent with this initiative, the NetRing™ TN701 was developed to boost profitability by expanding the availability and reliability of MPLS-TP network from metro core and aggregation to the network edge.

"We are proud to launch this new addition to our branded high-quality PTN series which we believe addresses fast-growing customer demand for a more customized and sophisticated transport network solutions," said Mr. William Wong, UTStarcom's Chief Executive Officer. "With NetRing™ TN701, we can enable our customers to deploy more flexible and cost-effective next-generation networks. By increasing investment in our broadband business, we plan to continue to bring new innovative product capabilities to market to provide even greater value to our customers across Asia."

The NetRing™ platform, UTStarcom branded packet-based optical transport solution, is based on cutting-edge multiprotocol label switching - transport profile ("MPLS-TP") technology, and is designed for mobile backhaul, ethernet services, and broadband aggregation applications. NetRing™ TN701 is the most compact product in the NetRing™ portfolio, and also features optimized dimensions, extended network range, improved signaling and durability, and enhanced reliability.

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