UTStarcom Tops Softswitch Market

ALAMEDA, Calif. -- UTStarcom, Inc. (NASDAQ: UTSI), a leading global provider of wireless, wireline and broadband access equipment, today announced that it has been named the world’s leading manufacturer of softswitch solutions in the second quarter of 2002, according to a report from Infonetics Research. The company’s mSwitch is an IP-based softswitching platform that supports both voice and data services over wireless and wireline access networks and can support multiple devices and services, including phones, personal handsets, corporate networks and the Internet.“This marks our debut in Infonetics’ quarterly market survey, and their findings document our increasing presence in a rapidly growing market as well as our ability to provide cost-effective, flexible and scalable solutions to service providers,” said Hong Lu, president and chief executive officer of UTStarcom, Inc.According to Infonetics Research, UTStarcom accounted for 51 percent of the global softswitch market port capacity in the second quarter of 2002.“UTStarcom’s success in the softswitch market is remarkable,” noted Kevin Mitchell, directing analyst at Infonetics Research, an international market research and consulting firm covering the networking and telecommunications industries. “Their success is being driven by their IP-based PAS system, which utilizes softswitch technology and is gaining market share in China, Taiwan and Vietnam, and by their ability to support a variety of wireline and wireless access network technologies, ranging from traditional copper to state-of-the-art offerings,” he added.UTStarcom Inc.Infonetics Research Inc.