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UTStarcom Launches New Product In Its Broadband Infrastructure Product Suite

Stocks in this article: UTSI

HONG KONG, March 28, 2014 /PRNewswire/ -- UTStarcom (NASDAQ: UTSI), a global telecommunications infrastructure provider, continues to deliver on its promise of creating products that embody its "Simple Network, Simple Operation" philosophy with the launch of its latest MPLS-TP and carrier Ethernet-based packet optical transport network product to help telecommunications carriers quickly and easily deploy new technology and services to meet the rapidly evolving needs of consumers.

The Company formally launched its TN765 packet optical transport product in March, bolstering UTStarcom's TN700 product family that is the bedrock of its broadband infrastructure business. This launch closely follows the August 2013 debut of the TN701, an Ethernet Access Device (EAD), which extends UTStarcom's TN series to the network edge. These products demonstrate the strength of UTStarcom's product pipeline and ability to commercialize innovations that improve quality of service, network throughput maximization and operational efficiency to create a new class of telecommunications network infrastructure.

"We continue to expand the TN700 series product platform with innovations that demonstrate our technical leadership and further strengthen our competitive market position," said William Wong, UTStarcom's Chief Executive Officer. "Our technical superiority is a key driver of our growth as we commercialize technical breakthroughs that make us more valuable to our customers. This new entry to our TN series also provides a 'future proof' upgrade path to our SOO TM Software Defined Networking platform."

Maintaining Leadership in Broadband Infrastructure Design

UTStarcom's latest broadband technology innovations are specifically geared toward the advanced needs of its customer base of telecommunications and broadband service providers who need to bulk up their networks to handle "4G" traffic and meet consumers' growing desire for mobile, video and "on demand" entertainment. The TN700 line offers new features to allow quicker deployment, greater reliability and improved network operational efficiency, while reducing cost significantly.

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