BEIJING, Sept. 30, 2011 /PRNewswire-Asia-FirstCall/ -- UTStarcom Holdings Corp. ("UTStarcom" or "the Company") (NASDAQ: UTSI) a leading provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and broadband for cable and telecom operators, today announced the launch of its MS 3005 streaming media storage unit and blade server ("MS 3005 server"), which provides customers with expanded storage capabilities and faster processing capacity.
The MS 3005 server enables operators of IPTV, iDTV and Internet TV to stream large amounts of high-definition content and to provide added-value services including video-on-demand and expanded recording capabilities. In addition, the new product allows operators to better manage and store different types of media data collected from TV, Mobile, PC and other digital media.
The MS 3005 server is more energy-efficient compared to its predecessor, consuming less electricity per hour. As a result, operators can enjoy energy and maintenance cost-savings. In addition, the improved technology and high storage density reduce processing, storage and spare-parts costs, while enhancing operators' efficiency and scalability.
The MS 3005 blade server, when combined with the new MC6098B high-definition set-top box, also enhances the subscriber experience and improves both telecom and cable operators' service capabilities through UTStarcom's integrated Internet TV solution.About UTStarcom Holdings Corp. UTStarcom is a leading provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and Broadband for cable and telecom operators. The Company sells its solutions to operators in both emerging and established telecommunications and cable 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, listed on the NASDAQ in 2000, the Company has its operational headquarters in Beijing, China and research and development operations in China and India. 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 statements regarding the future market and application of the Company's IPTV products, and how these products can serve its customers in the future. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These risks include the failure to deploy the products in the anticipated timeframe; risks associated with delays in product development or customer acceptance; economic issues in the identified geographic markets, and changes in government regulation and licensing requirements, as well as risk factors identified in its latest Annual Report on Form 10-K, 10-K/A, Quarterly Reports on Form 10-Q, 6-K and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. All forward-looking statements included in this release are based upon information available to the Company as of the date of this release, which may change, and we assume no obligation to update any such forward-looking statement.