Here is a press release that smells good.....for SSPI. We all know that advanced services which this program addresses is an important part of what SSPI does real well.
UTStarcom Selected for 3G W-CDMA Field Trial in Beijing with China Netcom Official MTNet 3G Field Trials, Led by Ministry of Information Industry, To Begin in February 2004
ALAMEDA, Calif., Dec 15, 2003 /PRNewswire-FirstCall via Comtex/ -- UTStarcom,
Inc. (Nasdaq: UTSI), a global leader in IP access networking and services, today
announced that China's Ministry of Information Industry (MII) has selected the
company to conduct official field trials of its 3G W-CDMA solution in the
capital city of Beijing with China Netcom. The selection follows UTStarcom's
superior performance in the phase one and phase two of MII's MTNet lab testing
from June 2001 to August 2003.
The outdoor field trials, conducted by the MII's Research Institute of
Telecommunications Transmission (RITT) and 3G Technical Trial Expert Group
(3GTEG), were officially announced in November 2003, with testing slated to
begin in February 2004. The trial requires each participating vendor to provide
a 3GPP-compliant commercial system, including a Radio Access Network with wide
geographic coverage, and a Core Network with a full complement of commercial
network features.
"The MII's selection of UTStarcom for MTNet outdoor field trials is a tremendous
endorsement of the competitive performance of UTStarcom's 3G technology and will
allow us to showcase our leading W-CDMA solution in the capital city of China,"
said Hong Lu, chief executive officer of UTStarcom, Inc. "UTStarcom has been at
the forefront of 3G research since 1997 and will be a major supplier for 3G
infrastructure when licenses are awarded. Because our 3G solution is highly
complementary to our PAS wireless service infrastructure, both UTStarcom and our
operator customers can benefit from a dual-service strategy, marketing 3G
services to high-end subscribers in major urban centers, while deploying PAS to
satisfy the price-sensitive consumer, which represents the majority market in
China."
UTStarcom's success in the phase one and two lab testing has been well
recognized by China Netcom and the MII. As result, UTStarcom has earned the
opportunity to work closely with China Netcom in the Beijing field trial.
Multi-Phase Testing by MTNet
From June 2001 through August 2003, UTStarcom participated in the first two
phases of the MTNet lab testing, which consisted of indoor technical tests of
3GPP compliance, interface interoperability among different vendors, and various
functions and features. The upcoming outdoor trials are expected to last
approximately one year and will focus on performance, stability, wide-area RF
testing, as well as commercial applications on commercial terminals.
A total of twelve W-CDMA system vendors/partnerships will participate in the
field trials. The outdoor trials are open to all operators, which must provide
base station sites and backhaul transport facilities. The results of all the
systems in all the trial sites will be made available to all operators when
testing is complete.
About UTStarcom, Inc.
UTStarcom is a global leader in IP access networking solutions and international
service and support. The company sells its wireline, wireless, optical and
switching 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 New Jersey, China, and India.
For more information about UTStarcom, visit the company's Web site at
www.utstar.com
Forward-Looking Statements
The foregoing statements regarding UTStarcom's position at the forefront of the
technological and competitive landscape with respect to 3G development in China,
the timing of the 3G trials and the forecasted date of 3G technology selection
in China are forward-looking in nature and subject to risks and factors that may
cause actual results to differ materially. These risks and factors include the
Company's ability to successfully develop products incorporating 3G technology,
the successful performance of the Company's products and systems in the 3G
trials, delays in the timing of and the overall success of the 3G trials and the
Company's ability to compete with other developers of products and systems that
incorporate 3G technology. The Company also refers the readers to the risk
factors identified in its registration statement on Form S-3, its annual report
on Form 10-K and its quarterly reports on Form 10-Q as filed with the Securities
and Exchange Commission.
SOURCE UTStarcom, Inc.
CONTACT: Michael J. Sophie, Vice President of Finance, CFO, of
UTStarcom, Inc., +1-510-749-1510; or Chesha Kamieniecki, Investor Relations
Manager, of UTStarcom, Inc., +1-510-749-1560; or press, Jeannette Bitz of
Engage PR for UTStarcom, Inc., +1-510-748-8200, ext. 207 |
