UTStarcom Fulfills Nasdaq Continued Listing Requirements
ALAMEDA, Calif., June 30 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, announced today that, as a result of the Company's filing of its
Quarterly Report on Form 10-Q for the quarter ended March 31, 2006 and its
Annual Report on Form 10-K for the year ended December 31, 2005, the Company
has received notice from Nasdaq that it has evidenced compliance with the
filing requirement and all other requirements for continued listing on The
Nasdaq National Market. Accordingly, the Company will continue trading under
its listed symbol 'UTSI.'
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 fast-growth 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
States
For more information about UTStarcom, visit the Company's Web site at
www.utstar.com.
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SOURCE UTStarcom, Inc.