Investor Relations
UTStarcom Appoints Ari Bose New Vice President and Chief Information Officer
ALAMEDA, Calif., March 21 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced that it has appointed Ari Bose to the position
of Vice President and Chief Information Officer. Bose will be responsible for
managing the company's worldwide IT organization, building its organizational
capability and standardizing processes to help ensure that the Company's
systems infrastructure keeps pace with its growing reach and sophistication.
UTStarcom Appoints Ari Bose New Vice President and Chief Information Officer
Bose Brings Extensive Experience in Managing Global IT Organizations to IP Networking Leader
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO )
'As UTStarcom continues to evolve, it is vital to enhance the depth and
experience of the management team to effectively and efficiently support that
evolution. We are delighted that Ari has joined the UTStarcom team in such a
crucial role,' said Mike Sophie, Chief Operating Officer of UTStarcom. 'Ari
has an outstanding track record of creating and implementing innovative IT
strategies that have a positive impact on the bottom line. As UTStarcom
continues to expand internationally, an IT infrastructure that provides a
strategic advantage in a highly competitive market becomes increasingly
important. Ari has the know-how to help ensure that our IT organization is
the best in the business.'
'I am very pleased to join the UTStarcom team, as it promises to offer an
exciting and challenging work environment,' said Bose. 'A company that has
experienced such growth in such a short period of time requires a flexible,
highly responsive, cost-effective IT infrastructure. I believe that great
companies must excel at everything they do - IT has a critical role in this
and I very much look forward to playing my part to help promote UTStarcom's
long-term success.'
Bose joined UTStarcom from 3Com, where he was vice president and chief
information officer with global responsibility for the company's IT
organization. At 3Com he developed a global information strategy and re-
engineered business processes and systems, resulting in
operating cost savings. During Bose's tenure, Information Week selected 3Com
as having the top High Technology IT organization for 2005. Previously, Bose
was director of strategy, architecture, and advanced development at Nortel
Networks and director of information systems at Claris. He also held
management and technical positions at Quantum; Pacific Telesis Group; Systems
Consultants Pte, Ltd., of
a BS from
National University,
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 Alameda, California, the
company has research and design operations in the
and
For more information about UTStarcom, visit the company's Web site at
www.utstar.com.
Forward Looking Statements
This release includes forward-looking statements, including the foregoing
statements regarding anticipated continued international expansion of
UTStarcom and the anticipated importance of information technology
infrastructure, that are forward-looking in nature and subject to risks and
uncertainties that may cause actual results to differ materially. These risk
factors include rapidly changing technology, the changing nature of global
telecommunications markets, the termination of significant contracts and/or
strategic relationships, the direction and results of future research and
development efforts, evolving product and applications standards, reduction or
delays in system deployments, product transitions, potential non-realization
of backlog, changes in demand for and acceptance of the Company's products,
general adverse economic conditions, and trends and uncertainties such as
changes in government regulation and licensing requirements. The Company also
refers readers to the risk factors identified in its latest Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as
filed with the Securities and Exchange Commission.
SOURCE UTStarcom, Inc.