Investor Relations
UTStarcom Appoints David King Senior Vice President of Sales and Marketing
ALAMEDA, Calif., March 23 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced the appointment of
David King as its new senior
vice president of sales and marketing, underlining the Company's commitment to
global growth. In his new role, King will be responsible for all aspects of
UTStarcom's global sales and marketing efforts outside of Mainland
China.
King will report to Mike Sophie, chief operating officer (COO), and will lead
the development, implementation and execution of sales and marketing
strategies to drive the growth of UTStarcom's sales in both new and existing
markets.
UTStarcom Appoints David King Senior Vice President of Sales and Marketing
Former VP of Ericsson's Wireline Systems Division Strengthens UTStarcom's Global Team
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO )
A seasoned telecommunications industry executive with experience in sales,
marketing, and business and channel development, King has proven expertise in
driving exceptional growth and revenue generation through strategic sales for
both established and emerging telecommunications companies. Most recently,
King was the CEO at Visual Wireless where he secured business with top-tier
operators from around the world. Prior to that, as vice president and general
manager of wireline systems at Ericsson, based in
responsible for the company's global wireline infrastructure business.
'Over the past several years, UTStarcom has made great strides in
expanding our global customer base. David's broad sales experience and proven
track record for growing revenues and securing major international customers
makes him a strong addition to the UTStarcom management team,' said Mike
Sophie, UTStarcom's COO. 'We are delighted to welcome David to UTStarcom.'
'Joining the UTStarcom team is an ideal opportunity for me to work with a
dynamic company that is shaping the future of the global communications
technology industry,' said King. 'UTStarcom has been at the forefront of
developing cutting-edge, disruptive technologies for a number of years and has
a tremendous opportunity to bring powerful solutions to meet operators' needs
across the globe.'
Before joining Ericsson, King completed his MBA at
and spent seven years consulting in the telecoms industry in both
the U.S. Prior to his MBA, he was an officer in the
The appointment of
VP and CIO at 3Com, as UTStarcom's CIO. The appointments of King and Bose
build on UTStarcom's strategy for growth in international sales and follow the
opening of the company's EMEA Headquarters in
leading wireless technologies event, the 3GSM World Congress and Exhibition,
in February.
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.