UTStarcom Names Bruce J. Ryan to Its Board of Directors
ALAMEDA, Calif., April 15 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced that its board of directors has increased the
size of the board from six to seven members and elected
Bruce J. Ryan to the
board as an independent outside director. Mr. Ryan will be designated as a
financial expert and join the Audit Committee. Mr. Ryan's position on the
Company's board of directors will be effective April 25, 2008.
Mr. Ryan is a 25-plus year veteran of the information industry and
previously served as the Executive Vice President and Chief Financial Officer
of both Global Knowledge Network and Amdahl Corporation. In addition, Mr.
Ryan currently serves on the boards of KVH Industries, Inc., IONA Technologies
PLC and two private companies.
'We are very pleased that Bruce is joining UTStarcom as he brings a wealth
of experience to the board having held numerous executive positions including
the Chief Financial Officer roles at Amdahl Corporation and Global Knowledge
addition, his career provides extensive international expertise while his past
and present board positions provide governance experience directly applicable
to the technology and telecommunications sectors.'
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions
and international service and support. The company sells its broadband,
wireless, and handset solutions to operators in both emerging and established
telecommunications 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 and headquartered in
company has research and development operations in
company's Web site at http://www.utstar.com.
SOURCE UTStarcom, Inc.