BEIJING, September 29, 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 upgraded NetRing™ TN solution, PTN 735. Since 2006, UTStarcom has launched a series of high-quality Packet Transport Network ("PTN") solutions. The Company's branded packet-based optical transport system, NetRing™ TN, is based on the latest MPLS-TP technology. It is a durable, scalable and cost-effective solution that can be deployed for key applications such as carrier mobile backhaul, metro Ethernet services for enterprise and digital subscriber line access multiplexer (DSLAM) and X-version of passive optical network (xPON) aggregation. UTStarcom's NetRing™ TN platform makes it possible to migrate existing aggregation networks from legacy synchronous digital hierarchy/asynchronous transfer mode (SDH/ATM) to a packet-based network for the delivery of high-speed services. This enables customers to offer new Ethernet-based enterprise services, in addition to high-speed broadband, voice, and video services. The newly upgraded PTN 735 product is a flexible, service-oriented network solution that has unified loading capacity and improved processing capacity. The upgrade enhances the quality of service that customers can provide and its improved design and smaller size helps improve profitability through lower transportation costs. In 2010, UTStarcom successfully completed a field trial of the PTN 735 solution for SOFTBANK BB Corp. ("SOFTBANK") and participated in the commercial deployment of the solution throughout Japan as the preferred supplier. The successful commercial deployment in Japan for SOFTBANK will help to further enhance the Company's market advantage in Japan as well as across the Asia-Pacific region. 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.