ALAMEDA, Calif. -- UTStarcom, Inc. (Nasdaq: UTSI), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed its first contract in Europe with the Cyprus Telecommunications Authority (CYTA).

UTStarcom will supply its AN-2000 Broadband Multi-Service Access Network (MSAN) in support of CYTA's nationwide rollout of a "Fiber-to-the-Cabinet" (FTTCab) network of voice, data, and ADSL services for enterprise and residential subscribers throughout Cyprus.

"Developing a global customer base has been a top priority for UTStarcom over the last several months," said David Robison, vice president of international sales for UTStarcom. "We strongly believe that our diverse product family of wireline and wireless access technology can fit the needs of clients in markets around the world, whether in Asia, South America, Europe, Africa, or North America. Our continued financial strength and corporate growth will allow us to expand UTStarcom worldwide and bring high-value solutions that enable service providers to realize their business objectives."

UTStarcom Inc.

Cyprus Telecommunication Authority (CYTA)